CAKE BOX HOLDINGS PLC

Regulatory Filings • Jul 20, 2023

National Storage Mechanism | Additional information

RNS Number : 6662G

Cake Box Holdings PLC

20 July 2023

Cake Box Holdings plc

("Cake Box", "the Company" or "the Group")

Response to Press Speculation

The Company notes the recent press speculation.

The Company confirms that it received an unsolicited approach from River Capital to acquire the entire issued and to be issued share capital of the Company (the "Indicative Approach"). The Indicative Approach was made in early June and with an indicative price of 160 pence a share.

The Board unequivocally rejected the Indicative Approach as materially undervaluing the Company and no further discussions with River Capital have taken place.

This announcement has been made without the consent of River Capital.

For further information, please contact:

Cake Box Holdings plc Sukh Chamdal, CEO Michael Botha, CFO	Enquiries via MHP
Shore Capital (Nomad and Joint Broker) Stephane Auton Patrick Castle Liberum (Joint Broker) Clayton Bush Tim Medak Edward Thomas	+44 (0) 20 7408 4090 +44 (0) 20 3100 200
MHP Charlie Barker Robert Collett-Creedy	+44 (0) 7834 623818 cakebox@mhpgroup.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

SPCGIGDRIUDDGXG