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Share Price Information for Patisserie Holdings (CAKE)


There is currently no data for Patisserie Holdings.




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Directors Deals for Patisserie Holdings (CAKE)
Trade DateActionNotifierPriceCurrencyAmountHolding
17-Jun-15Sell
Trade Notifier Information for Patisserie Holdings
Christopher David Marsh held the position of Finance Director at Patisserie Holdings at the time of this trade.
 Christopher David Marsh
312GBX51,000465052
17-Jun-15Sell
Trade Notifier Information for Patisserie Holdings
Paul Edward May held the position of CEO at Patisserie Holdings at the time of this trade.
 Paul Edward May
312GBX506,0004554000
17-Jun-15Sell
Trade Notifier Information for Patisserie Holdings
Luke Oliver Johnson held the position of Executive Chairman at Patisserie Holdings at the time of this trade.
 Luke Oliver Johnson
312GBX4,046,82338621181
View more Patisserie Holdings directors dealings >>


Bobsto12
Posts: 43
Opinion:No Opinion
Price:429.50
RE: Up to six people face arrest.
17 Mar '19
Any active pi should be horrified about all this. Audit opinions look like a waste of ink...how can you decide anything if figures can be so wrong.
Pokerchips
Posts: 7,139
Opinion:No Opinion
Price:429.50
RE: Up to six people face arrest.
16 Mar '19
"....with business rates and VAT bills going unpaid. Between £10m and £12m was owed to HM Revenue & Customs."

It really is a disgrace and to think some of the BOD sold shares at inflated prices......blinded by greed and the smell of success.....

Someone took the pi** and no one seems to have noticed.......hard to believe

Luke Johnson seems to have delegated and failed to oversee what was happeneing

Expensive mistake
chilting
Posts: 4,332
Opinion:No Opinion
Price:429.50
This gets worst ...... £94m now!!!
16 Mar '19
How the hell did PV get a £94m black hole in its accounts without the Grant Thornton, Johnson, May realising.

Full scale enquiry needed now I think - alright we risk all our investment when we invest in equities but this is beyond the pail

https://www.bbc.co.uk/news/business-47591082
goinglarge
Posts: 400
Opinion:No Opinion
Price:429.50
RE: Up to six people face arrest.
18 Feb '19
Look forward to seeing the list of names and seeing if this goes wider than finance team
Dodgiedealer
Posts: 12
Opinion:No Opinion
Price:429.50
Up to six people face arrest.
17 Feb '19
Up to six people face arrest over the Patisserie Valerie scandal, it can be revealed.

Their names are highlighted in a report by the accountant PwC into the alleged fraud at the cake shop chain. They are said to have signed fraudulent cheques and sent emails discussing fabricating invoices.

The revelation is the latest chapter in the biggest AIM scandal in recent memory.

Patisserie Valerie collapsed into administration last month, three months after discovering a £40m hole in its accounts. Trading of its shares was suspended in October and it was revealed that cheques worth millions of pounds had been used to artificially inflate the company’s cash reserves.

The Serious Fraud Office has already made one arrest. A further five people are understood to be under investigation. Three are said to have been junior staff.

They do not include the former executive chairman and Sunday Times columnist Luke Johnson, or non-executive directors Lee Ginsberg and James Horler, who are understood to have been interviewed as witnesses and not suspects.

According to a source, the suspected fraud involved the double-counting of voucher sales to inflate revenues and the manipulation of costs, with business rates and VAT bills going unpaid. Between £10m and £12m was owed to HM Revenue & Customs.

Up to 15 secret bank accounts are said to have been used to disguise the shortage of cash.

Patisserie Valerie was bought out of administration last week by Irish private equity firm Causeway Capital, preserving nearly 2,000 jobs.

The Sunday Times
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