Intention to dual list on the AQSE Growth Market
15 August 2022
Cooks Coffee Company Limited
(“Cooks Coffee” or the “Group”)
Intention to dual list on the UK Aquis Stock Exchange Growth Market
Cooks Coffee Company Limited (NZX:CCC), the New Zealand listed international coffee
focused café chain, is pleased to announce its intention to dual list on the Aquis Stock
Exchange Growth Market (“AQSE Growth Market”). This chain of branded outlets comprises
the fourth largest chains of coffee focused cafes in the UK with 72 outlets, together with 15
outlets in Ireland. Cooks Coffee’s shares will continue to trade on the New Zealand Stock
Exchange. The Group is targeting admission to the Access Segment of the AQSE Growth
Market in October 2022 (“Admission”). VSA Capital has been appointed as the Company’s
Financial Adviser, AQSE Corporate Adviser and Broker in the UK.
The Group is an international coffee company, owning the master franchising rights to the
Esquires Coffee brand globally, excluding Australia and New Zealand. The Group directly
operates and franchises Esquires Coffee stores in the UK and Ireland. In other countries, such
as Portugal, the Middle East and Asia, it has master franchise agreements. In addition, Cooks
Coffee also owns the award-winning Triple Two Coffee which is based in the UK and one of
the fastest-growing coffee focused café brands in the UK market. In total, Cooks Coffee had
114 outlets across all its international markets at the end of July 2022. The Group’s
operational teams are based in the UK and Ireland.
Cooks Coffee focuses on three fundamental elements of its business to achieve growth and
success. Firstly, it focuses on the operations of the established Esquires Coffee Houses brand,
which uses exclusively organic and Fairtrade coffee and delivers artisan style coffee through
local business owners, by principally utilizing a franchise model. Furthermore, the building
out of the fast-growing Triple Two Coffee business, initially in the UK, followed by an
introduction of the brand to international markets. Additionally, the Group plans to achieve
growth through a combination of organic growth, further acquisitions and the appointment
of new master franchises in new markets for both brands.
Keith Jackson, Executive Chairman of Cooks Coffee Company, said:
“Being such a predominantly UK and Ireland focused group, it makes sense for us to dual list
the Company in London and the Aquis Growth Market is ideally suited to our needs. We see
considerable opportunities for growth in the UK, and when investors taste our coffee and
experience what we offer, we are sure they will agree.”
FURTHER ENQUIRIES
Cooks Coffee Company Limited
Keith Jackson
+64 21 702 509
Keith.jackson@cookscoffeecompany.com
Cooks Coffee is a New Zealand based international coffee focused café chain building a
family of brands serving coffee, a full range of complimentary beverages and an extensive
range of food, and sharing a passionate philosophy to provide their communities with
excellent products and service based on integrity, sustainability, innovation and appealing
environments.
Esquires Coffee was founded nearly 30 years ago in Vancouver and Cooks Coffee acquired
the global rights (excluding Australia and New Zealand), focusing on operations in the UK
and Ireland in 2013.
Triple Two Coffee was acquired in June 2020 and has an offering that is complementary to
Esquires. Triple Two was founded in 2016 and it is currently one of the fastest growing
coffee focused cafe brands in the UK.
Cooks Coffee Company and its subsidiary brands are committed to the highest standards of
sustainability in all areas of the business.
With Esquires and Triple Two, Cooks Coffee has 114 outlets across its international markets
at the end of July 2022.
To find out more, visit cookscoffeecompany.com, esquirescoffee.co.uk; esquirescoffee.ie or
tripletwocoffee.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.