Cooks Coffee Company Limited (NZX: CCC) has issued 221,596 new shares at NZ$0.36 (£0.18) in part placement of the shortfall from its 2022 rights issue.
Accordingly, CCC currently has 59,519,348 quoted ordinary shares and 1,207,000 unquoted non-voting shares (which may be reclassified on notice as quoted ordinary shares) on issue.
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The deal is subject to regulatory approvals and commercial conditions.
Every sector of the Australian share market has lost ground.
The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
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