Comment on Recent Press Speculation

RNS Number : 1657G

Hotel Chocolat Group PLC

22 July 2021

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR IN OR INTO ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014 (AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018).  THIS ANNOUNCEMENT HAS BEEN APPROVED FOR RELEASE BY THE BOARD.

Hotel Chocolat Group plc

(" Hotel Chocolat ", the "Company" or the "Group")

Comment on Recent Press Speculation

The Board of Hotel Chocolat notes recent press speculation and confirms that it continues to assess funding options, which may include a possible equity issue, to increase the Company's long term sales capacity to capitalise on faster growth.

A further announcement will be made if appropriate.

For further information:

Hotel Chocolat Group plc      c/o Citigate  + 44 (0) 20 7638 9571

Angus Thirlwell, Co-founder and Chief Executive Officer

Peter Harris, Co-founder and Development Director

Matt Pritchard, Chief Financial Officer

Liberum Capital Limited - Nominated Advisor and Sole Broker    + 44 (0) 20 3100 2222

Clayton Bush

James Greenwood

Citigate Dewe Rogerson - Financial PR        + 44 (0) 20 7638 9571

Angharad Couch

Ellen Wilton

Kieran Farthing

Notes to Editors:

Hotel Chocolat is a premium British chocolatier with a strong and distinctive brand. The business was founded in 1993 by Angus Thirlwell and Peter Harris and has traded under the Hotel Chocolat brand since 2003. The Group sells its products online and through a network of locations in the UK and abroad. The Group has a cacao plantation and eco-hotel in Saint Lucia, offering complete cacao immersion through tree-to-bar experiences and wellness treatments. The Group also has a flagship restaurant and cacao roastery in London's Borough Market: Rabot 1745. The Group was admitted to trading on AIM in 2016.  

 

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