Rights Issue Shortfall Placement
SECISSUE
Thu, Dec 22 2022 08:30 am
Cooks Coffee Company Limited (NZX: CCC) has issued 4,647,445 new shares at NZ$0.36 (£0.18) in part placement of the shortfall from its 2022 rights issue.
In addition, the trustees of the Nikau Trust agreed with CCC to reclassify 1,162,000 of their non-voting shares as ordinary shares, increasing the number of ordinary shares on issue.
Accordingly, CCC currently has 59,297,752 quoted ordinary shares and 1,207,000 unquoted non-voting shares (which may be reclassified on notice as quoted ordinary shares) on issue.
Announcement PDF
Markets News
Finance
Heartland reaps benefit of change, reiterates guidance
Bank looks to sustainable, profitable growth.
Markets
Blackpearl launches $11.8m ASX placement
Software company says investors should jump on its US market opportunity.
Infrastructure
Infratil adds $250m to its billion-dollar asset sale target
Most of the cash will come from sale of mobile tower business Fortysouth.
