Original Smoothie Co. issues shares

The Original Smoothie Company is offering up to four million shares of an enlarged issued share capital to investors to raise approximately £500,000 in an initial private placing.

Founded in August 2007, the company has achieved sales of over £600,000 to date and projects that turnover will reach approximately £2 million in the next 12 months and nearly £5 million in the following year. Assuming the placing is fully subscribed, the company will have an estimated capitalisation of £1,750,000.

'Our franchise strategy is enjoying rapid expansion and the current placing will enable us to invest further in distribution and marketing, including increasing the number of outdoor events supplied by The Original Smoothie Company,' says Managing Director Julian Gilbertson (pictured).