Independent Adviser(s): Simmons Corporate Finance (Rule 18)

Company Meeting Date: 01/10/2013

Summary of transaction:

On 1 October 2013, Cooks Food Group Limited (“Cooks”) held a shareholders’ meeting to consider resolutions to approve various acquisitions and allotments involving the following companies (among others):

  • DSL Management Limited

  • Esquires Coffee Houses Ireland Limited

  • Esquires Coffee (UK) Limited

  • Progressive Processors Limited

Cooks was an NZX-listed shell company and the acquisitions represented a backdoor listing of Franchise Development Limited and the above companies into Cooks.

The Panel approved Simmons Corporate Finance to prepare a rule 18 independent adviser’s report on the merits of the transactions.

At the meeting, shareholders approved the resolutions in respect of the acquisitions and allotments. On 9 October 2013, Cooks changed its name to Cooks Global Foods Limited.


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