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.
Law Firms: Stephenson Harwood;
Clients: Hotel Chocolat Group plc;