Luxury chocolate company with plantation in St. Lucia sees success in UK’s stock market

Luxury chocolate company with plantation in St. Lucia sees success in UK’s stock market

5014GUARDIAN (UK) – The founders of Hotel Chocolat have each made more than £20m after the chocolatier floated on the London stock exchange.

Hotel Chocolat’s placing valued the company at £167m, raising funds for the brand’s expansion in the UK and online.

The company, which has 81 shops in the UK, raised £55.5m through its listing on the Alternative Investment Market, with shares valued at 148p. Trading will begin on 10 May.

Of the £55.5m raised from the share placing, £12m will be used to speed up expansion plans, which include opening new shops and improving its website.

As well as its network of shops, Hotel Chocolat owns a cocoa plantation on St Lucia, which is home to a luxury hotel where a two-week stay costs up to £10,000.

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4 COMMENTS

  1. Just take the natural treasure that comes from our land, add in a big batch of sugar poison, and throw in some Internetmagic deception, and you can easily make another very rich (one percent) that takes our soul and gives almost nothing back.

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  2. hahahahahaha foreigners will buy st.lucia and the local people will be living on a little bit of land haha.. st.lucian so dumb....

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  3. why couldnt it be a black saint lucian that owned the plantation and sold the cocoa to hotel chocolat look at so much money they made. ohhhh thats right we black people especially lucians like to fight down our own and kill each other instead of helping each other grow and when the foreigners come an take all we vex whilst we still fighting among ourselves. i forgot that

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