28 March 2024
Cooks
Coffee Company Limited
("Cooks
Coffee", the "Company" or the "Group")
Appointment of CEO - Aiden
Keegan
Cooks Coffee Company (NZX:CCC;
AQUIS:COOK), the international coffee focused café chain which
includes the brand Esquires Coffee, is pleased to
announce that Aiden Keegan has
been appointed as the Company's Chief Executive
Officer, effective from 1 April
2024.
Aiden commenced his role as
Operations Manager at Esquires in Ireland ("ECHI") in January 2004.
Before joining ECHI, he served as an employee at Insomnia, the
prominent Irish Café chain. Preceding his tenure at Insomnia, he
was actively involved in contract catering in London. Since October
2018, Aiden has held the position of Managing Director of the
Esquires UK business. During his leadership, the business has
witnessed substantial growth, increasing from 38 to 60 stores.
Store sales under his guidance have experienced an increase of
12.6% compound annual growth rate. Aiden Keegan has successfully
steered the company through the challenges posed by the Covid-19
pandemic, demonstrating a well-developed and profound understanding
of the business and its key drivers.
On his appointment as
Chief Executive Officer of
Cooks Coffee, Aiden Keegan, said:
"I am honoured to assume the role
of Chief Executive Officer of Cooks Coffee
Company. My focus remains steadfast on
navigating the Company through strategic shifts, particularly as we
build our UK-centric approach. We will continue to prioritise
growth of the franchise store network, ensuring our shareholders'
confidence in our trajectory. Together with the Board, I am
committed to upholding our ongoing strategy and propelling the
Company forward."
Keith Jackson, Executive Chairman of Cooks Coffee,
said: "As Cooks Coffee Company
strategically shifts towards a more UK-centric focus,
Aiden brings a wealth of experience and a deep
understanding of our Company, particularly in the core markets of
UK and Ireland, and a proven track record in driving growth and he
has strong relationships with our key franchisee business
partners. His appointment is of paramount importance, as we
continue to expand our operations in this region and
internationally."
Additional information on Aiden John Keegan
Mr Keegan holds 114,116 shares in Cooks Coffee (0.2%
of the Company's issued share capital).
Mr Keegan currently holds the
following directorships:
Esquires Coffee UK Ltd
Bishops Café Ltd
Esquires Real Estate Ltd
Esquires Franchising Ltd
Triple Two Coffee Franchise
Ltd
Triple Two Coffee Holdings
Ltd
Triple Two Coffee Property
Ltd
TTC Contractors Ltd
Additionally, he has held the
following directorships in the past five years:
Triple Two Coffee London
Ltd
Mr Keegan is currently a director of
Triple Two Coffee Holdings Limited, and its subsidiaries, Triple
Two Coffee Franchise Limited, Triple Two Coffee Property Limited
and TTC Contractors Ltd, which as announced by the Company on 24
October 2023, were all placed in Creditors Voluntary Liquidation
("CVL") on 23 October 2023. The CVL process is
ongoing.
Save as described above there are no
other matters that are required to be disclosed under Rule 4.9 of
the AQSE Growth Market Access Rulebook in relation to Mr
Keegan.
Enquiries:
|
Cooks Coffee
Company Limited
|
+64 21 702 509 (New Zealand)
|
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Keith Jackson (Executive Chairman)
Aiden Keegan (Chief Executive)
|
keith.jackson@cookscoffeecompany.com
|
|
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+44 (0) 7980 608 440
(UK)
aiden@esquirescoffee.co.uk
+44 (0) 20 3934 6630 (UK)
|
|
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ukinvestorrelations@cookscoffeecompany.com
|
|
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IFC Advisory
Limited (Financial PR & IR)
|
+44 (0) 20 3934 6630
|
|
Tim Metcalfe, Graham Herring,
Florence Chandler
|
cookscoffee@investor-focus.co.uk
|
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Oberon Capital
(AQSE Corporate Adviser and Broker)
|
+44 (0) 20 3179 5300
|
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Nick Lovering, Adam Pollock, Mike
Seabrook
|
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