Chill Brands Group PLC Product Sale to Leading Forecourt Operator (6837X)
22 Diciembre 2023 - 1:00AM
UK Regulatory
TIDMCHLL
RNS Number : 6837X
Chill Brands Group PLC
22 December 2023
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT)
REGULATIONS 2019/310.
22 December 2023
Chill Brands Group plc
("Chill Brands" or the "Company")
Product Sale to Leading Forecourt Operator
Chill Brands Group, the consumer packaged-goods distribution
company, is pleased to announce the sale of its Chill ZERO
nicotine-free vapour products to a prominent operator of UK petrol
stations, trading under major brands including Shell, Esso and
BP.
The Company has received a substantial initial purchase order
which will see the listing of its products into stores managed by
one of the UK's leading operators of roadside retail locations.
Following the sale, Chill ZERO products will launch into 265 of the
operator's forecourt convenience stores during Q1 2024.
Chill Brands has now secured listings for its products in more
than 2,365 retail locations across the UK. Following receipt of
this order, the Company has now secured combined gross sales and
purchase orders in excess of GBP2.1 million (including VAT) since
the UK launch of Chill ZERO products on 7 August 2023.
Callum Sommerton, Chief Executive Officer of Chill Brands, said:
"We are very happy to announce that our Chill ZERO products will be
launching into Shell, Esso and BP locations. This significant order
marks yet another milestone for Chill Brands and we have made great
progress in a relatively short period of time.
I am particularly pleased to note the sustained improvement in
the Company's trading, which is reflective of the high quality of
our product offering. Our distribution network comprises some of
the UK's most recognisable high-traffic retail stores and we are
preparing for further expansion in the year ahead."
-ENDS-
About Chill Brands Group
Chill Brands Group plc (LSE: CHLL, OTCQB: CHBRF) is concerned
with the development, marketing and distribution of wellness and
recreational products containing natural, functional ingredients.
The Company's proprietary product range is distributed by some of
the most recognisable convenience retail outlets in the US and
includes nicotine-free disposable vapour products that cater to the
rapidly growing market for tobacco alternatives. Chill Brands also
operates the chill.com e-commerce website, on which it is building
a marketplace of products from third-party brands.
Publication on website
A copy of this announcement is also available on the Group's
website at http://www.chillbrandsgroup.com
Media enquiries:
Chill Brands Group plc contact@chillbrandsgroup.com
Allenby Capital Limited (Financial
Adviser and Broker) +44 (0) 20 3328 5656
Nick Harriss/Nick Naylor/Lauren Wright
(Corporate Finance)
Kelly Gardiner (Equity Sales)
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END
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December 22, 2023 02:00 ET (07:00 GMT)
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