Share Capital Reorganisation, PDMR & TVR
Chill Brands Group PLC has completed a share capital reorganisation effective May 22, 2026, which involved consolidating every 10 ordinary shares into one and then sub-dividing each into a new ordinary share and a deferred share, resulting in 52,292,682 New Ordinary Shares of 0.1 pence each. As part of this process, CEO Callum Sommerton was allotted 8 new ordinary shares at nil cost, bringing his post-reorganisation holding to 26,667 New Ordinary Shares. The total number of voting rights in the Company is now 52,292,682.
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Chill Brands Group Plc (LSE: CHLL) announces that the share capital reorganisation (the "Capital Reorganisation") approved by shareholders at the Annual General Meeting held on 13 May 2026 has become effective on 22 May 2026.
Capital Reorganisation
The following steps have been completed with effect from 22 May 2026:
- 8 new ordinary shares of 1 penny each (the "Balancing Shares") were allotted and issued immediately prior to the consolidation, bringing the total number of ordinary shares of 1 penny each in issue to 522,926,820;
- every 10 ordinary shares of 1 penny each were consolidated into 1 consolidated share of 10 pence each; and
- each consolidated share of 10 pence was sub-divided into 1 new ordinary share of 0.1 pence each (a "New Ordinary Share") and 1 deferred share of 9.9 pence each (a "Deferred Share").
Following the Capital Reorganisation, the Company's issued share capital comprises 52,292,682 New Ordinary Shares of 0.1 pence each. Dealings in the New Ordinary Shares have commenced under the following identifiers:
Director Dealing
In connection with the allotment of the Balancing Shares, Callum Sommerton, Chief Executive Officer and a director of the Company, was allotted 8 new ordinary shares of 1 penny each. Pursuant to the requirements of the UK Market Abuse Regulation, the following information is disclosed:
Name of person discharging managerial responsibilities: Callum Sommerton
Position: Chief Executive Officer
Issuer: Chill Brands Group PLC
Nature of transaction: Allotment of new ordinary shares of 1 penny each
Date of transaction: 22 May 2026
Number of shares allotted: 8
Price per share: Nil
Pre-transaction holding: 266,668 ordinary shares of 1 penny each
Post-allotment holding (pre-consolidation): 266,676 ordinary shares of 1 penny each
Post-Capital Reorganisation holding: 26,667 New Ordinary Shares of 0.1 pence each
Total Voting Rights
Following the Capital Reorganisation, the total number of New Ordinary Shares in issue is 52,292,682. This figure may be used by shareholders as the denominator for calculations of the total number of voting rights in the Company.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.