REG - Artisanal Spirits Co - PDMR Dealing and Exercise of Options

Artisanal SpiritsAnnouncement

31/03/2025 11:45

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RNS Number : 9444C  Artisanal Spirits Company PLC (The)  31 March 2025

The Artisanal Spirits Company plc

 

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

 

PDMR Dealing, Exercise of Options and Total Voting Rights

 

PDMR Dealing

 

ASC plc (AIM:ART), announces that the Company was notified on 31 March 2025,
that on 31 March 2025 Kai Ivalo, Whisky Director, exercised 213,000 options
over ordinary shares of 0.25 pence each in the Company ("Ordinary Shares"), at
an exercise price of 25 pence per share.

 

Following the exercise, Kai Ivalo will have a beneficial interest in 344,252
Ordinary Shares representing 0.49% 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 at the end of this announcement.

 

Exercise of Options

 

As a result, the Company has issued and allotted 213,000 new ordinary shares
in the capital of the Company ("New Ordinary Shares") following the exercise
of options by an employee of the Company.

 

Application has been made to the London Stock Exchange for the 213,000 New
Ordinary Shares to be admitted to trading on AIM ("Admission") and it is
expected that Admission will become effective and trading will commence at
8.00 a.m. on 4 April 2025.

 

The New Ordinary Shares will rank pari passu in all respects with the
Company's existing ordinary shares.

 

Total Voting Rights

 

The Company advises that, following Admission, the Company's issued share
capital will be 70,772,774 Ordinary Shares. The Company does not hold any
shares in treasury. Therefore, the total number of voting rights in the
Company is 70,772,774.

 

The above figure of 70,772,774 may be used by shareholders as the denominator
for the calculations by which they will 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 Artisanal Spirits Company plc                       https://artisanal-spirits.com/link/Ky0X0y

                                                       (https://artisanal-spirits.com/link/Ky0X0y)
 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

 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                                                         Kai Ivalo
 2.  Reason for the Notification
 a)  Position/status                                              Person Discharging Managerial Responsibilities
 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                                    Exercise of Options over Ordinary Shares
 c)  Price(s) and volume(s)                                       Price(s)    Volume(s)
                                                                   25 pence   213,000

 
 d)  Aggregated information:

     ·     Aggregated volume                                      213,000

     ·     Price                                                  25 pence

 e)  Date of the transaction                                      31 March 2025
 f)  Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

 

d)

Aggregated information:

·     Aggregated volume

·     Price

 

213,000

25 pence

 

e)

Date of the transaction

31 March 2025

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

END

 

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