REG - Artisanal Spirits Co - Director Dealing

Artisanal SpiritsAnnouncement

15/04/2024 17:00

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RNS Number : 6846K  Artisanal Spirits Company PLC (The)  15 April 2024

The Artisanal Spirits Company plc

 

("ASC plc", the "Group" or the "Company")

 

Director Dealing

 

ASC plc (AIM:ART), announces that the Company was notified on 15 April 2024,
that on 15 April 2024, Mark Hunter, Chair and Non-Executive Director,
purchased 104,297, ordinary shares of 0.25 pence each in the Company
("Ordinary Shares"), at a price of 43.85 pence per share.

 

Following the purchase, Mark Hunter will have a beneficial interest in
1,427,310 Ordinary Shares representing 2.02 per cent. of the issued share
capital of the Company.

 

The Notification of Dealing Form required in accordance with Article 19.3 of
MAR are set out below.

 

Enquiries:

 The Artisanal Spirits Company plc                       via Instinctif PR

 Andrew Dane, Chief Executive Officer

 Billy McCarter, Chief Financial Officer

 Liberum Capital Limited (Nominated Adviser and Broker)  Tel: +44 (0) 20 3100 2222

 Edward Thomas

 Dru Danford

 John More

 Instinctif Partners (Financial PR)                      Tel: +44 (0)20 7457 2020

 Justine Warren

 Matthew Smallwood

 Joe Quinlan

About The Artisanal Spirits Company

 

ASC's purpose is to captivate a global community of whisky adventurers,
creating and selling outstanding, limited-edition whiskies and experiences
around the world with an ambition to create a high quality, highly profitable
and cash generative, premium global business.

 

Based in Edinburgh, ASC owns The Scotch Malt Whisky Society (SMWS), Single
Cask Nation (SCN) and J.G. Thomson (JGT). Owning over 17,000 casks primarily
comprising Single Malt Scotch Whisky, ASC's stock includes outstanding whisky
(and other spirits) from 150 different distilleries across 20 countries which
is sold to members both as individual bottles and whole casks.

 

Established in 1983, SMWS currently has a growing worldwide membership of over
41,000 paying members. With an established global presence in some 30
countries, SMWS operates a direct-to-consumer model (90% of revenue) primarily
through e-commerce, in addition to four member rooms in the UK. SMWS provides
members with inspiring experiences, content and exclusive access to a vast and
unique range of outstanding, expertly curated Scotch malt and other whiskies.

 

In January 2024, ASC acquired SCN which sources, curates and bottles
single-cask whiskies and other spirits selling both online and via traditional
retail channels to its following of over 10,000 whisky enthusiasts in
the USA.  SCN also retails to international markets including
the UK, Germany, Sweden, Japan, Israel and Canada.

 

Launched in the UK in late 2021, JGT has a focus on outstanding small batch
blended malt whiskies and other spirits, available both through
direct-to-consumer online sales and through traditional retail channels. The
award-winning brand has subsequently expanded into international markets.

 

With proven e-commerce reach and a growing family of brands, ASC is building a
portfolio of limited-edition and small-batch whisky and other spirits brands
for a global movement of discerning consumers - delivering revenue of £23.5
million in FY23, predominantly from outside the UK, with an expanding
presence in the other key global whisky markets
including USA, China, Europe, Japan, Australia and Taiwan.

 

ASC has a pioneering business model, a substantial and growing addressable
market presenting a long-term global opportunity and a strong and resilient
business primed to deliver growth.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them:

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Mark Hunter
 2.  Reason for the Notification
 a)  Position/status                                              Chair, Non-Executive Director
 b)  Initial notification/Amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         The Artisanal Spirits Company plc
 b)  LEI                                                          213800KX7VF2YZQW1892
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the Financial instrument, type of instrument  Ordinary Shares of 0.25 pence each
     Identification code                                          GB00BNXM3P96
 b)  Nature of the transaction                                    Purchase of Ordinary Shares
 c)  Price(s) and volume(s)                                       Price(s)       Volume(s)
                                                                   43.85 pence   104,297

 
 d)  Aggregated information:

     ·     Aggregated volume                                      104,297

     ·     Price                                                  43.85 pence

 e)  Date of the transaction                                      15 April 2024
 f)  Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

 

d)

Aggregated information:

·     Aggregated volume

·     Price

 

104,297

43.85 pence

 

e)

Date of the transaction

15 April 2024

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

END

 

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