Chill Agrees Settlement with Former Advisers
Summary by AI BETAClose X
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.
23 October 2025
Chill Brands Group plc
("Chill Brands" or the "Company")
Chill Brands Agrees Settlement with Former Professional Advisers
Chill Brands Group Plc (LSE: CHLL), the consumer packaged-goods distribution company, is pleased to announce that it has reached a settlement with a former professional adviser in relation to the various disputes that affected the Company during 2024.
The settlement, which provides for a cash payment of approximately £210,000 to Chill Brands, was agreed amicably and reflects a commitment by both parties to resolve their issues constructively and professionally.
Both parties consider this matter fully resolved and no further comment will be made on the specifics of the settlement.
-ENDS-
Enquiries:
|
Chill Brands Group plc Harry Chathli, Chairman Callum Sommerton, CEO |
contact@chillbrandsgroup.com |
|
Allenby Capital Limited (Financial Adviser and Broker) |
+44 (0) 20 3328 5656 |
|
Nick Harriss/Nick Naylor (Corporate Finance) |
|
About Chill Brands Group
Chill Brands Group plc (LSE: CHLL, OTCQB: CHBRF) is a distribution-led consumer packaged goods company focused on bringing novel fast-moving consumer products (FMCG) to market. The Company specialises in the sale and distribution of tobacco alternatives, functional beverages, and other innovative consumer goods, with a particular emphasis on the convenience store channel. Chill Brands partners with a mix of established FMCG businesses and emerging high-potential brands to provide comprehensive route-to-market solutions. 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
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