Hotel Chocolat Group plc’s £40 Million Fundraising

In UK Stephenson Harwood, advised on the matter.

Stephenson Harwood advised Hotel Chocolat Group plc with a team including Tom Nicholls (Picture – Equity Capital Markets), Tom Page (Equity Capital Markets).

Hotel Chocolat Group plc made a secondary placing of new ordinary shares at 355 pence per share, as well as an additional retail offer made via the PrimaryBid platform.

The proceeds of the placing and the retail offer will be used to fund capital investment to increase long-term sales capacity and capitalise on anticipated future growth. The joint bookrunners to the placing were Liberum Capital and Peel Hunt.

The Stephenson Harwood team was led by corporate finance partner Tom Nicholls (Picture), with support from partner Tom Page and associate Jack Digby.

Involved fees earner: Jack Digby – Stephenson Harwood; Tom Nicholls – Stephenson Harwood; Tom Page – Stephenson Harwood;

Law Firms: Stephenson Harwood;

Clients: Hotel Chocolat Group plc;

Author: Giulia Di Palma