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Chill Brands Group PLC ( (GB:CHLL) ) just unveiled an update.
Chill Brands Group PLC has announced updates regarding the publication of its financial results and the development of its retail distribution business. The company expects to complete its FY24 audited accounts and H1 FY25 interim accounts soon, which will allow it to request the lifting of the suspension of trading in its shares. Additionally, Chill Brands has launched a UK subsidiary, Chill Connect Limited, to expand its distribution business, securing contracts with various brands and transitioning its vape product offerings to comply with upcoming UK regulations. This strategic move aims to strengthen its position in the health, wellness, and fast-moving consumer goods sectors.
More about Chill Brands Group PLC
Chill Brands Group plc is a distribution-led consumer packaged goods company that focuses on bringing novel fast-moving consumer products to market. The company specializes in the sale and distribution of tobacco alternatives, functional beverages, and other innovative consumer goods, with a particular emphasis on the convenience store channel. Chill Brands partners with both established FMCG businesses and emerging high-potential brands to provide comprehensive route-to-market solutions and operates the chill.com e-commerce website.
Technical Sentiment Signal: Sell
Current Market Cap: £10.89M
For detailed information about CHLL stock, go to TipRanks’ Stock Analysis page.