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

NZ dollar's wings clipped, RBNZ tipped to go 50bps
Economy

NZ dollar's wings clipped, RBNZ tipped to go 50bps

The kiwi is sliding, but it is more about the greenback than the RBNZ. 

Markets Market Close

NZ market rises on potential for more Chinese stimulus

Overnight US bond yields were down.

Graham Skellern 04 Oct 2024
NZ market rises on potential for more Chinese stimulus
Markets

Blackpearl seeks $10m to help win higher-value customers

The NZX-listed company’s customers are primarily US-based.

Ben Moore 04 Oct 2024
Blackpearl seeks $10m to help win higher-value customers