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Interim Dividend

2 Apr 2020 07:00

RNS Number : 4948I
Hotel Chocolat Group PLC
02 April 2020
 

2 April 2020

Hotel Chocolat Group plc

 

("Hotel Chocolat", the "Company" or the "Group")

 

Interim Dividend

 

Following the successful equity placement on 20 March the Board has decided to cancel the proposed interim dividend, which was due to be paid on 15 April 2020 to shareholders on the register on 6 March 2020.

 

In the Board's opinion, it is more prudent to retain the cash in the business for deployment in service of long-term growth. The Board intends to reinstate payment of dividends when it is appropriate to do so.

 

Angus Thirlwell, Co-founder and Chief Executive Officer of Hotel Chocolat, commented:

 

"We are committed to keeping the Hotel Chocolat family together during these challenging times. We also remain confident in the Company's longer-term growth plans in the UK, the USA and Japan, and want to ensure that we maximise the resources available to the Group to leverage these opportunities, as well as others which may develop when we all emerge from the current crisis. My Co-founder, Peter Harris, and I are confident that, by forgoing our own dividend payments on this occasion, the Company's long-term outlook will be even brighter."

 

For further information:

 

Hotel Chocolat Group plc

c/o Citigate

+ 44 (0) 20 7638 9571

Angus Thirlwell, Co-founder and Chief Executive Officer

Peter Harris, Co-founder and Development Director

Matt Pritchard, Chief Financial Officer

 

Liberum Capital Limited - Nominated Advisor and Broker

+ 44 (0) 20 3100 2222

Clayton Bush

James Greenwood

Miquela Bezuidenhoudt

 

Citigate Dewe Rogerson - Financial PR

+ 44 (0) 20 7638 9571

Angharad Couch

Ellen Wilton

Kieran Farthing

 

Notes to Editors:

Hotel Chocolat is a premium British chocolatier with a strong and distinctive brand. The business was founded in 1993 by Angus Thirlwell and Peter Harris and has traded under the Hotel Chocolat brand since 2003. The Group sells its products online and through a network of locations in the UK and abroad. The Group has a cacao plantation and eco-hotel in Saint Lucia, offering complete cacao immersion through tree-to-bar experiences and wellness treatments. The Group also has a flagship restaurant and cacao roastery in London's Borough Market: Rabot 1745. The Group was admitted to trading on AIM in 2016.  

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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Date   Source Headline
26th Jan 20247:00 amRNSCancellation - Hotel Chocolat Group plc
25th Jan 20242:14 pmRNSForm 8.3 - Hotel Chocolat Group plc
25th Jan 20248:05 amRNSScheme of Arrangement becomes Effective
25th Jan 20247:30 amRNSSuspension - Hotel Chocolat Group plc
24th Jan 20242:26 pmRNSForm 8.3 - HOTEL CHOCOLAT GROUP PLC
24th Jan 20247:01 amRNSDirector/PDMR Dealing - Exercise of Options
24th Jan 20247:00 amRNSRule 2.9 Announcement and Total Voting Rights
23rd Jan 202412:54 pmRNSCourt Sanction of Scheme of Arrangement
23rd Jan 20249:55 amRNSForm 8.5 (EPT/RI)- Hotel Chocolat Group plc
22nd Jan 20246:00 pmRNSHotel Chocolat Group
22nd Jan 20243:38 pmRNSForm 8.5 (EPT/RI)-Replacement of Hotel Chocolat
22nd Jan 20242:02 pmRNSForm 8.3 - HOTEL CHOCOLAT GROUP PLC
22nd Jan 20242:01 pmPRNForm 8.3 - Hotel Chocolat Group Plc
19th Jan 202412:11 pmRNSForm 8.3 -HOTEL CHOCOLAT GROUP PLC
19th Jan 20249:56 amRNSForm 8.5 (EPT/RI)- Hotel Chocolat Group plc
18th Jan 20242:07 pmRNSForm 8.3 - Hotel Chocolat Group PLC
18th Jan 20242:05 pmPRNForm 8.3 - Hotel Chocolat Group Plc
18th Jan 202412:56 pmRNSForm 8.3 - Hotel Chocolat Group plc
17th Jan 20242:37 pmRNSForm 8.3 - Hotel Chocolat Group plc
17th Jan 20242:35 pmPRNForm 8.3 - Hotel Chocolat Group Plc
17th Jan 20247:01 amRNSResult of Court Meeting and General Meeting
17th Jan 20247:00 amRNSRule 2.9 Announcement and Total Voting Rights
16th Jan 20241:18 pmRNSForm 8.3 - Hotel Chocolat Group plc
16th Jan 20249:07 amRNSForm 8.5 (EPT/RI)-Hotel Chocolat Group plc
15th Jan 20241:59 pmRNSForm 8.3 - Hotel Chocolat Group plc
15th Jan 20249:32 amRNSForm 8.5 (EPT/RI)-Hotel Chocolat Group plc
12th Jan 20248:49 amRNSForm 8.5 (EPT/RI)-Hotel Chocolat Group plc
11th Jan 20243:15 pmPRNForm 8.3 - Hotel Chocolat Group Plc
11th Jan 20249:09 amRNSTR-1: Notification of major holdings
10th Jan 202412:45 pmPRNForm 8.3 - Hotel Chocolat Group Plc
9th Jan 202412:20 pmPRNForm 8.3 - Hotel Chocolat Group Plc
9th Jan 20249:25 amRNSForm 8.5 (EPT/RI)-Hotel Chocolat Group plc
8th Jan 20241:42 pmRNSForm 8.3 - Hotel Chocolat Group plc
8th Jan 20247:00 amRNSBlock Listing Six Monthly Return
5th Jan 20244:25 pmRNSForm 8.3 - Hotel Chocolat Group plc Amend
5th Jan 20242:24 pmRNSForm 8.3 - Hotel Chocolat Group plc Amend
5th Jan 20242:23 pmRNSForm 8.3 - Hotel Chocolat Group plc Amend
5th Jan 20242:22 pmRNSForm 8.3 - Hotel Chocolat Group plc Amend
5th Jan 20242:20 pmRNSForm 8.3 - Hotel Chocolat Group plc Amend
5th Jan 202411:38 amRNSForm 8.3 - Hotel Chocolat Group plc
5th Jan 202410:25 amRNSForm 8.5 (EPT/RI) - Hotel Chocolat Group plc
4th Jan 202412:58 pmRNSForm 8.5 (EPT/RI)- Replacement of Hotel Chocolat
4th Jan 202410:36 amRNSForm 8.3 - Hotel Chocolat Group plc
4th Jan 202410:10 amRNSForm 8.5 (EPT/RI)-Hotel Chocolat Group plc
3rd Jan 20244:45 pmRNSForm 8.5 (EPT/RI)-Hotel Chocolat Group plc
3rd Jan 20243:38 pmRNSRule 2.9 Announcement
3rd Jan 20243:18 pmRNSForm 8.3 HOTEL CHOCOLAT PLC
3rd Jan 20243:04 pmRNSForm 8.3 - HOTEL CHOCOLAT GROUP PLC
3rd Jan 20249:53 amRNSForm 8.5 (EPT/RI)-Hotel Chocolat Group plc
3rd Jan 20247:00 amRNSForm 8.3 - Hotel Chocolat Group plc

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