COH Coffeeheaven

RNS Number:0604W
Coffeeheaven International PLC
03 May 2007


coffeeheaven international plc

3 May 2007


THIS ANNOUNCEMENT IS NOT FOR RELEASE, OR PUBLICATION OR DISTRIBUTION, DIRECTLY
OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN


                        coffeeheaven international plc
                ("coffeeheaven international" or "the Company")


           Proposed Placing of up to 9.5 million new Ordinary Shares


coffeeheaven international plc, the AIM-listed speciality coffee bar business
based in central Europe, proposes to raise up to approximately #3.89 million
(before expenses) by a conditional placing by Numis Securities Limited ("Numis")
of up to 9,500,000 new ordinary shares of 1p each (the "Placing Shares") at a
placing price of 41p per share (the "Placing Price") principally with
institutional investors (the "Placing"). Immediately following the Placing the
total number of issued ordinary shares with voting rights is expected to be
116,378,346.


The net proceeds of the Placing is expected to be approximately #3.69 million.
The new funds raised will be used to accelerate the Company's store development
program and new market entry within central Europe through organic growth and
acquisition.


William Currie has agreed to subscribe for 243,902 Placing Shares at the Placing
Price. This is expected to represent 0.2 per cent. of the issued share capital
as enlarged by the Placing.  Following completion of the Placing, it is expected
that William Currie will own or be interested in 10,943,902 ordinary shares
representing approximately 9.4 per cent. of the expected issued share capital as
enlarged by the Placing.


Application has been made to the London Stock Exchange for the Placing Shares to
be admitted to trading on AIM. It is expected that Admission will become
effective and that trading will commence on 9 May 2007. The Placing Shares will,
when issued and fully paid, rank pari passu in all respects with the Company's
existing Ordinary Shares, including the right to receive any dividend or other
distribution thereafter declared, made or paid.


Numis has agreed conditionally, pursuant to a placing agreement dated 3 May 2007
between Numis and the Company (the "Placing Agreement"), as agent for the
Company to use its reasonable endeavours to procure placees to subscribe for the
Placing Shares.  The Placing is not being underwritten by Numis and the Placing
Agreement is terminable by Numis in certain circumstances.


Numis Securities Limited, which is authorised and regulated by the Financial
Services Authority, is acting exclusively for the Company, and for no one else,
solely in connection with the Placing and will not be responsible to anyone
other than the Company for providing the protections afforded to the customers
of Numis Securities Limited or providing advice in relation to the Placing.


Enquiries:


coffeeheaven international plc           Tel: +48 606818850 / +44 7973 442 331

Richard Worthington

Chairman and Chief Executive



Numis Securities Limited                 Tel: +44 20 7260 1000

Iain McDonald

Michael Meade

Oliver Cardigan


Opera Public Relations                   Tel: 44 (0)8450 600650/ (0)7976 826004

Simon Turton


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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