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Cake Box Holdings ( (GB:CBOX) ) has issued an announcement.
Cake Box Holdings PLC has announced a retail offer to raise up to £0.2 million through the issuance of new ordinary shares, alongside a separate £7 million placing. The proceeds are intended for general working capital and to reduce leverage following the acquisition of Ambala Foods Limited. The retail offer is open to UK shareholders and is expected to commence trading on the AIM market of the London Stock Exchange on March 17, 2025.
More about Cake Box Holdings
Cake Box Holdings PLC is the UK’s largest retailer of fresh cream celebration cakes, focusing on providing high-quality, customizable cakes for various occasions. The company operates within the food retail industry and has a strong market presence in the United Kingdom.
Average Trading Volume: 38,834
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £76M
Find detailed analytics on CBOX stock on TipRanks’ Stock Analysis page.