REG - Artisanal Spirits Co - Director Dealing

Artisanal SpiritsAnnouncement

13/09/2024 11:00

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RNS Number : 1516E  Artisanal Spirits Company PLC (The)  13 September 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 13 September
2024, that on 12 September 2024, Mark Bedingham, Non-Executive Director, sold
45,000 ordinary shares of 0.25 pence each in the Company ("Ordinary Shares"),
at a price of 43.0 pence per share.

 

Following the sale, Mark Bedingham will have a beneficial interest in
2,456,476 Ordinary Shares representing 3.48% per cent. of the issued share
capital of the Company.

 

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

 

For further enquiries:

 The Artisanal Spirits Company plc                         via Instinctif PR

 Andrew Dane, Chief Executive Officer

 Billy McCarter, Chief Financial Officer

                                                           Tel: +44 (0) 20 3100 2222

 Panmure Liberum Limited (Nominated Adviser and Broker)

 Edward Thomas

 Dru Danford

 John More

                                                           Tel: +44 (0)20 7457 2020

 Instinctif Partners (Financial PR)

 Justine Warren

 Matthew Smallwood

 Hannah Scott

 

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 18,000 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.

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 key international whisky markets around the world.

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 Bedingham
 2.  Reason for the Notification
 a)  Position/status                                              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
     Identification code                                          GB00BNXM3P96
 b)  Nature of the transaction                                    Sale of Ordinary Shares
 c)  Price(s) and volume(s)                                       Price(s)      Volume(s)
                                                                   43.0 pence   45,000

 
 d)  Aggregated information:

     ·     Aggregated volume                                      45,000

     ·     Price                                                  43.0 pence

 e)  Date of the transaction                                      12 September 2024
 f)  Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

 

d)

Aggregated information:

·     Aggregated volume

·     Price

 

45,000

43.0 pence

 

e)

Date of the transaction

12 September 2024

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

END

 

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