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.

 

We have not received consent to publish other documents in relation to this transaction on our website. However, copies of these documents are available upon request to the Panel under the Official Information Act 1982. Please send your written Official Information requests to takeovers.panel@takeovers.govt.nz