Cafedirect to go public
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Fair-trade brand, Cafedirect plans to launch a £5m share issue in the Spring, with a minimum investment of only £300.
The company said the move was in order to finance its continued business growth, fund the expansion of its brand range and to sustain growing consumer demand.
Cafedirect, owner of the UK's sixth largest coffee brand, will be listed on the Ethox trading exchange, a matched bargain market operated by Triodos Bank, one of Europe's leading ethical banks. Potential investors should call +44 (0)845 600 9662 for a copy of the prospectus.
The company also sells tea and cocoa, sourced from countries in Africa, the Americas and the Caribbean.
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Company Details
Cafedirect plc
Cafedirect is the UK's largest Fairtrade hot drinks company. Our brands, Cafedirect, 5065, Teadirect and Cocodirect are sold through most of the major supermarkets. We buy from 33 producer organisations in 11 countries, ensuring that over a quarter of a million growers receive a decent income from this trade.
Address
City Cloisters, Suite B2, 196 Old Street, London EC1V 9FRTelephone
+44 (0)20 7490 9520Website
www.cafedirect.co.ukFair-trade brand, Cafedirect plans to launch a £5m share issue in the Spring.
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