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An announcement from Chill Brands Group PLC ( (GB:CHLL) ) is now available.
Chill Brands Group plc has announced the issuance of 16,635,787 new ordinary shares to settle accrued interest payments to its largest shareholder, Jonathan Swann, related to convertible loan notes issued in 2023. The new shares are expected to be admitted to trading on the London Stock Exchange by 1 October 2025, increasing the total number of shares and voting rights to 522,926,812. This move is part of the company’s financial strategy and could impact shareholder calculations under FCA rules.
More about Chill Brands Group PLC
Chill Brands Group plc is an international consumer packaged goods company specializing in wellness and recreational products. The company focuses on nicotine-free vapor products as alternatives to tobacco, distributed in leading retail stores in the US and UK. Chill Brands also operates an e-commerce platform, chill.com, which features a marketplace for third-party brands.
Average Trading Volume: 4,217,389
Technical Sentiment Signal: Sell
Current Market Cap: £8.61M
For a thorough assessment of CHLL stock, go to TipRanks’ Stock Analysis page.