Chill Brands Faces Internal Turmoil and Recovery Efforts
Company Announcements

Chill Brands Faces Internal Turmoil and Recovery Efforts

Chill Brands Group PLC (GB:CHLL) has released an update.

Chill Brands Group PLC has announced significant internal upheaval, including the departure of Non-Executive Director Eric Schrader and unauthorized actions by former executives Russo and Taylor involving asset transfers and unapproved payments. The Company is taking legal steps to recover assets and funds, and has suspended trading of its shares until a full financial update is possible. Shareholders have been assured that efforts are underway to rectify the situation and regain the company’s positive trajectory.

For further insights into GB:CHLL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskChill Brands Group PLC AGM Resolutions Passed
TipRanks UK Auto-Generated NewsdeskChill Brands Adapts to Vaping Industry Shifts
TipRanks UK Auto-Generated NewsdeskChill Brands Appoints Director, Delays AGM
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App