Issue of New Shares-Employee Share Scheme
Cooks Global Foods Limited (NZAX:CGF) has established a new employee share scheme (ESS) and has today issued 2,000,000 unpaid ordinary shares (Unpaid Shares) to CGF Employee Share Trust Limited (Nominee).
The Nominee is a wholly owned subsidiary of the Company and will hold the Unpaid Shares on trust for CGF and its employees subject to the terms of the ESS offers. While the Unpaid Shares remain unpaid they will confer no voting rights.