Chill Brands Group PLC Issue of Shares to Director (7208I)

TIDMCHLL

RNS Number : 7208I

Chill Brands Group PLC

20 April 2022

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.

20 April 2022

Chill Brands Group plc

("Chill Brands" or the "Company")

Issue of Shares to Director

(London, UK, April 19, 2022) Chill Brands Group, the international consumer packaged goods company, has today issued 100,000 Ordinary Shares of 1 pence each (the "Shares") to Mr Scott E. Thompson following his appointment to the Board of Directors as an Independent Non-Executive Director on 27 January 2022. The Shares are issued under the final share-based compensation package that was being contemplated at the time of Mr Thompson's appointment (as set out in the announcement of his appointment).

Mr. Thompson was most recently the General Counsel Intellectual Property/Marketing Properties of Mars, Inc. and prior was the Assistant General Counsel of Philip Morris Companies (now Altria). He has almost forty years of intellectual property law experience and is recognized by the World Trademark Reporter as one of the top 300 trademark attorneys in the world. He has additionally served in leadership roles for some of the world's largest brands including Colgate-Palmolive and GlaxoSmithKline.

Application will be made to the London Stock Exchange for the Shares to be admitted to trading on the Main Market of the London Stock Exchange and the Standard Segment of the FCA Official List ("Admission"). It is expected that Admission will become effective and that dealings in the Shares on the Main Market of the London Stock Exchange will commence on or around 25 April 2022.

On Admission, the Company will have 212,170,034 Ordinary Shares in issue, each with one voting right. There are no shares held in treasury. Therefore, the Company's total number of Ordinary Shares and voting rights will be 212,170,034 and this figure may be used by shareholders from Admission as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

-ENDS-

About Chill Brands Group

Chill Brands Group plc (LSE: CHLL, OTCQB: CHBRF) is an international company focused on the development, production, and distribution of best-in-class hemp-derived CBD products, tobacco alternatives and other consumer packaged goods (CPG) products. The Company operates primarily in the US, where its products are distributed online and via some of the nation's most recognizable convenience retail outlets. The Group's strategy is anchored around lifestyle marketing that is designed to enhance the popularity of its products, channelling visitors to its landmark chill.com website.

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 (Corporate 
  Finance) 
  Kelly Gardiner (Equity Sales) 
 
 
 Notifications and public disclosure of transactions by persons discharging managerial responsibilities 
  ("PDMR") and persons closely associated ("PCA") with them. 
 1    Details of the person discharging managerial responsibilities / person closely associated 
 a)   Name                                                          Mr Scott E. Thompson 
 2    Reason for the notification 
 a)   Position/status                                               Non-Executive Officer 
 b)   Initial notification /Amendment                               Initial 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
 a)   Name                                                          Chill Brands Group plc 
 b)   LEI                                                           213800RGK8LNU9RGMT89 
 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
 a)   Description of the financial instrument, type of instrument 
       Identification code                                           Ordinary shares of 1p each 
 
                                                                     ISIN: GB00BWC4X262 
 b)   Nature of the transaction                                     Issue of shares under compensation package 
 c)   Price(s) and volume(s)                                         Price(s)   Volume(s) 
                                                                      1p         100,000 
                                                                                ---------- 
 d)   Aggregated information 
       - Aggregated volume                                           Not applicable - single transaction 
       - Price 
 e)   Date of the transaction                                       20 April 2022 
 f)   Place of the transaction                                      Off Market

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