Capital Change Notice and Market Update

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30 April 2020

Market Update and Issue of New Shares

Cooks Global Foods Limited (CGF) continues to closely monitor the impact of Covid-19 on its
operations.

CGF is awaiting further government announcements around the world regarding when its franchisees
can resume operations. CGF has applied for all government subsidies and relief it is eligible for. At
present most stores in Ireland, the United Kingdom and the Middle East remain closed. However, largely
thanks to Government support packages, CGF is not aware of any of its franchisee’s needing to close
their stores permanently.

In China, CGF holds a minority interest in a joint venture operating 8 stores and 60 self-service
machines. These have all re-opened or otherwise resumed operations.

Our core focus remains on protecting our people and customers. We will continue to monitor the
situation and report any material developments to the market.

Share Issue

Pursuant to an Underwriting Agreement with Cooks Investment Holdings Limited, CGF is issuing
36,470,701 ordinary shares at an issue price of $0.0775. This capitalises advances previously made to
CGF. A capital change notice accompanies this release with full particulars of the issue.

Contact:
Keith Jackson
Executive Chairman
Tel: +64 9 304 0567 ext. 714.
Email: keith.jackson@cooksglobalfoods.com

About Cooks Global Foods
CGF operates in world markets and is listed on the NZX market operated by NZX Limited in New
Zealand under the code CGF. It owns the intellectual property and master franchising rights to
Esquires Coffee Houses worldwide (excluding New Zealand and Australia). CGF currently operates or
franchises Esquires Coffee outlets in the United Kingdom, Ireland, Portugal, Bahrain, Kuwait, Syria,
Saudi Arabia, Jordan, Pakistan, Indonesia, Canada and China. It owns the intellectual property for
Grounded Responsible Coffee, Blended Freeze-Dried Coffee & Scarborough Fair teas. For more
information visit: https://www.cooksglobalfoods.com.

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Template
Capital Change Notice

Updated as at 17 October 2019

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Section 1: Issuer information
Name of issuer Cooks Global Foods Limited
NZX ticker code CGF
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZCFGE0001S7
Currency NZD
Section 2: Capital change details
Number issued 36,470,701
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $0.0775
Nature of the payment (for example, cash or other
consideration)
Capitalisation of previous cash
advances.
Amount paid up (if not in full) N/A
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number
of Financial Products of the Class, excluding any
Treasury Stock, in existence)
1

7.45%
For an issue of Convertible Financial Products or
Options, the principal terms of Conversion (for example
the Conversion price and Conversion date and the
ranking of the Financial Product in relation to other
Classes of Financial Product) or the Option (for
example, the exercise price and exercise date)
N/A
Reason for issue/acquisition/redemption and specific
authority for issue/acquisition/redemption/ (the reason
for change must be identified here)
Fulfilment of obligations under
Underwriting Agreement previously
approved by shareholders.
Total number of Financial Products of the Class after
the issue/acquisition/redemption/Conversion (excluding
Treasury Stock) and the total number of Financial
Products of the Class held as Treasury Stock after the
issue/acquisition/redemption.
525,979,949
In the case of an acquisition of shares, whether those
shares are to be held as treasury stock
N/A
Specific authority for the issue, acquisition, or
redemption, including a reference to the rule pursuant to
which the issue, acquisition, or redemption is made
Rule 4.1.1
Terms or details of the issue, acquisition, or redemption
(for example: restrictions, escrow arrangements)
N/A

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Date of issue/acquisition/redemption
2
30 April 2020
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement Matt Yates, Duncan Cotterill
Contact person for this announcement Keith Jackson
Contact phone number +64 9 304 0567 ext. 714.
Contact email address keith.jackson@cooksglobalfoods.com
Date of release through MAP 24 April 2020




2
Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant
issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).