Cooks Coffee Company Limited (NZX: CCC) is pleased to advise that it has issued 2,797,814 new ordinary shares for NZ$0.36 (£0.18) per share following the recent closure of CCC’s rights issue (and part allotment under associated shortfall placement).
In addition, to ensure compliance with the Takeovers Code, the trustees of the Nikau Trust agreed with CCC to reclassify 1,035,667 of their existing ordinary shares as non voting shares, reducing the number of ordinary shares on issue.
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