We are delighted to have supported Chill Brands Group plc on the publication of a secondary prospectus enabling the admission to the Main Market of the London Stock Exchange of a total of 154,675,220 ordinary shares at 1 pence per share.
The transaction involved the completion of a secondary prospectus to approve the admission of conversion and warrant shares to the Main Market of the London Stock Exchange associated with a total fundraise of £3.7m (before costs) in April and June 2022.
Chill Brands Group plc is concerned with the development, marketing and distribution of wellness and recreational products containing natural, functional ingredients. The Company’s proprietary product range is distributed by some of the most recognisable convenience retail outlets in the US and UK includes nicotine-free disposable vapour products that cater to the rapidly growing market for tobacco alternatives.
“It was great working with the Capital Markets team at PKF on the completion of our secondary prospectus. They were extremely pragmatic in supporting our complex business, balancing their work as reporting accountants with a high degree of commerciality. We are grateful for the hard work and support of PKF Littlejohn in helping us to meet our objectives.”