Business
Response to Press Speculation
Response to Press Speculation.
About this update from Cake Box Holdings Plc
[{"type":"text","content":"\n\nCake Box Holdings plc\n \n(\"Cake Box\", \"the Company\" or \"the Group\")\n \nResponse to Press Speculation\n \n \nThe Company notes the recent press speculation.\n \nThe Company confirms that it received an unsolicited approach from River Capital to acquire the entire issued and to be issued share capital of the Company (the \"Indicative Approach\"). The Indicative Approach was made in early June and with an indicative price of 160 pence a share.\n \nThe Board unequivocally rejected the Indicative Approach as materially undervaluing the Company and no further discussions with River Capital have taken place.\n \nThis announcement has been made without the consent of River Capital.\n \n For further information, please contact:\n \n\n\n\nCake Box Holdings plc\nSukh Chamdal, CEO\nMichael Botha, CFO\n \n\n\nEnquiries via MHP\n\n\n\n\nShore Capital (Nomad and Joint Broker)\nStephane Auton\nPatrick Castle\n \nLiberum (Joint Broker)\nClayton Bush\nTim Medak\nEdward Thomas\n \n\n\n+44 (0) 20 7408 4090\n \n \n \n+44 (0) 20 3100 200\n\n\n\n\nMHP\nCharlie Barker\nRobert Collett-Creedy\n \n\n\n+44 (0) 7834 623818\[email protected]\n\n\n\n \n\n\n \n \n\n","length":4260,"tagName":"div"}]