Further re Administration of Triple Two Coffee

Cooks Coffee Company Limited

24 October 2023

 

24 October 2023

Cooks Coffee Company Limited

("Cooks Coffee", or the "Company" or the "Group")

Further re Administration of Triple Two Coffee business

Cooks Coffee (NZX:CCC; AQUIS:COOK) announces, further to the Company's announcement on 26 September 2023, that the Company has appointed RSM UK Restructuring Advisory LLP as administrators to its Triple Two coffee franchise business, comprising Triple Two Holdings Limited and its subsidiaries.

The Company's reiterates that its larger Esquires business continues to perform in line with management's expectations and is making a positive contribution to the Group.  The Esquires business will not be effected by the Triple Two administration process.

The Company will make further announcements in due course as appropriate.

Enquiries

Cooks Coffee Company Limited	[phone] (New Zealand)
Keith Jackson (Executive Chairman)	[e-mail] [phone] (UK)
	[e-mail]
VSA Capital Limited (Aquis Corporate Adviser & Joint Broker)	[phone]
Andrew Raca, Simba Khatai, Alex Cabral (Corporate Finance)
David Scriven, Peter Mattsson (Corporate Broking)

Oberon Capital (Joint Broker) Nick Lovering, Adam Pollock, Mike Seabrook IFC Advisory Limited (Financial PR & IR)	[phone] [phone]
Tim Metcalfe, Graham Herring, Florence Chandler	[e-mail]

 

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