REG - Artisanal Spirits Co - Result of AGM

Artisanal SpiritsAnnouncement

Thu 12:15

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RNS Number : 6352K  Artisanal Spirits Company PLC (The)  29 May 2025

 

29 May 2025

 

The Artisanal Spirits Company plc

 

("The Artisanal Spirits Company", "ASC" or "the Group")

 

AGM Results

 

The Artisanal Spirits Company (AIM: ART), creator of outstanding,
limited-edition whiskies and experiences around the world, and owner of The
Scotch Malt Whisky Society, Single Cask Nation & J.G. Thomson, announces
that at its Annual General Meeting ("AGM") held on 21 May 2025, all
resolutions were duly passed.

 

The results of the poll for each resolution put to shareholders at the AGM are
set out below:

 

 Resolution                                                         For         % for    Against  % against  Votes withheld
 1. To receive and consider the Annual report and accounts 2024     28,791,633  99.996%  1,292    0.004%     2522
 2. To approve the Directors' remuneration report                   28,486,567  98.936%  306,358  1.064%     2,522
 3. To re-elect Mark Hunter                                         28,513,526  99.030%  279,399  0.970%     2,522
 4. To re-elect Paul Skipworth                                      28,507,133  99.007%  285,792  0.992%     2,522
 5. To re-elect Andrew Dane                                         28,440,133  98.775%  352,792  1.225%     2,522
 6. To re-elect Billy McCarter                                      28,511,133  99.021%  281,792  0.979%     2,522
 7. To re-elect Mark Bedingham                                      28,509,526  99.016%  283,399  0.984%     2,522
 8. To re-elect Gavin Hewitt                                        28,509,526  99.016%  283,399  0.984%     2,522
 9. To re-elect Lesley Jackson                                      28,543,526  99.065%  269,399  0.935%     2,522
 10. To re-elect Helen page                                         28,517,133  99.042%  275,792  0.958%     2,522
 11. To re-appoint Mazars LLP as Auditor                            28,700,583  99.679%  92,342   0.321%     2,522
 12. To authorise the Board of Directors to set the Auditors' fees  28,793,103  99.999%  241      0.001%     2,522
 13. To authorise the Directors to allot further shares             27,927,103  97.233%  794,822  2.760%     73,522
 14. To disapply pre-emption rights                                 27,875,085  97.052%  846,840  2.941%     73,522

 

Notes

As at 18 May 2025, being the date which shareholders had to be on the register
to be eligible to vote, there were 70,772,774 ordinary shares in issue.
Shareholders are entitled to one vote per share. Votes withheld are not votes
in law and so have not been included in the calculation of the proportion of
votes for and against a resolution.

A recording of the AGM and a document responding to the questions raised is
available on the Company's website at www.artisanal-spirits.com
(http://www.artisanal-spirits.com) .

 

For further enquiries:

 The Artisanal Spirits Company plc           https://artisanal-spirits.com/s/2ef02a

                                           (https://artisanal-spirits.com/s/2ef02a)
 Andrew Dane, Chief Executive Officer

 Billy McCarter, Chief Financial Officer

 Panmure Liberum Limited                     Tel: +44 (0)20 3100 2222

 (Nominated Adviser and Broker)

 Edward Thomas

 Dru Danford

 John More

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

 Justine Warren

 Hannah Scott

 

Notes to Editors:

About The Artisanal Spirits Company

ASC's purpose is to captivate a global community of whisky adventurers, by
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 £23.6
million in FY24, 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 substantial asset backing and is delivering profitable growth and
cash generation.

 

 

 

 

 

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