REG - British Honey Co. - Issue of Equity

Aquis ExchangeAnnouncement

31/01/2022 13:25

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RNS Number : 1762A  British Honey Company PLC (The)   31 January 2022

 

31 January 2022

The British Honey Company plc

 

("BHC" or the "Company")

 

Issue of Equity

 

BHC announces that following an exercise of share options under the Company's
EMI plan, application has been made for 15,000 new ordinary shares of 10 pence
each ("Ordinary Shares") to be admitted to the Aquis Exchange, which will rank
pari passu with the Company's existing Ordinary Shares, and admission to
trading is expected to be effective on Friday, 4 February 2022 ("Admission").

Following Admission, the Company will have 16,487,735 Ordinary Shares in issue
with each share carrying the right to one vote. This figure may be used by
shareholders as the denominator for the calculations to determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 Enquiries:

 The British Honey Company plc               via Walbrook PR Limited (see below)

 Richard Day

 finnCap -

 AQSE Corporate Adviser & Joint Broker       Tel: +44 (0)20 7220 0500

 Carl Holmes /

 George Dollemore (corporate finance)

 Richard Chambers (ECM)
 Stanford Capital Partners -                 Tel: +44 (0)20 3650 3650

 Joint Broker

 Patrick Claridge / John Howes /

 Bob Pountney
 Walbrook PR Limited -                       Tel: +44 (0)20 7933 8780

 Financial PR                                        +44 (0)7768 807631

 Paul Vann / Nicholas Johnson                paul.vann@walbrookpr.com

 

 

About British Honey Company

 

Launched in 2014, BHC has an extensive collection of award-winning spirits
brands. Its impressive range began with Keepr's British Honey Spirits infused
with 100% pure British honey and includes gin, rum, bourbon, and vodka.

 

In 2020 it expanded further after acquiring the brands of the London
Distillery Company (Dodd's Organic Gin, Rye and Single Malt Whiskeys),
securing an exciting partnership agreement with English Heritage to produce
its gins and launching an affordable luxury spirits range, 1606. In the same
year, BHC also developed its first alcohol sanitiser product in the UK in
response to the Covid-19 outbreak.

 

In February 2021, BHC completed the acquisition of Union Distillers Limited,
based in Market Harborough, Leicestershire, Union Distillers was founded in
2012 by Mark Gamble and his partner. Over the past eight years it has grown to
become an independent producer and distributor of proprietary and "white
label" spirits. It has well-invested infrastructure which includes its own
stills and a bonded warehouse. Union has a strong manufacturing capability,
established brands and an extensive and growing retail and wholesale customer
base. Products include its premium, proprietary "Two Birds" range of spirits
comprising 11 gins, seven vodkas, a spiced rum and a 29% ABV espresso vodka
liqueur.

 

In addition, Union distils spirits on behalf of a range of B2B customers
including some major supermarkets. Like BHC, Union is also SALSA accredited.

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