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Patisserie Holdings PLC   -  CAKE   

Further Trading Update

Released 13:53 10-Oct-2018

RNS Number : 6281D
Patisserie Holdings PLC
10 October 2018



For immediate release


10 October 2018


Patisserie Holdings plc

Further trading update


Patisserie Holdings plc (AIM: CAKE) ("PH", the "Company" and together with its subsidiary undertakings, the "Group") announces that, further to the Company's announcement made earlier today, the board of directors of the Company (the "Board") has today become aware that a winding up petition  in respect of Stonebeach Limited ("Stonebeach") was filed at The High Court of Justice,  Companies Court on 14 September 2018 (the "Petition").  Stonebeach is the Company's principal trading subsidiary.

The Petition relates to sums due to HM Revenue & Customs ("HMRC") of approximately £1.14 million with a hearing date listed for 31 October 2018. The Petition was advertised in the London Gazette on 5 October 2018. The Company and its advisors are in communication with HMRC with the objective of addressing the petition.

The Company continues to engage with its professional advisers to understand better the financial position of the Group and will make further announcements in due course.


Patisserie Holdings PLC

+44 (0)121 777 7000

Luke Johnson, Executive Chairman

Paul May, Chief Executive Officer


Nomad and Broker

Canaccord Genuity Limited

+44 (0)20 7523 8000

Chris Connors

Henry Fitzgerald-O'Connor


Financial Public Relations


+44 (0) 20 7379 5151

Sam Cartwright

Jonathan Cook




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Further Trading Update - RNS