RCS - Distil PLC - ARDGOWAN DISTILLERY OPENS AS FIRST CASKS FILLED

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Tue 07:15

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RNS Number : 0662O  Distil PLC  24 June 2025

DISTIL PLC

 

ARDGOWAN DISTILLERY OPENS AS FIRST CASKS FILLED

 

Distil plc (AIM: DIS), owner of premium drinks brands including RedLeg Spiced
Rum, Blackwoods Gin and Vodka, and Blavod Black Vodka, is pleased to announce
that Ardgowan Distillery opened to the public on Friday 20 June, as it
celebrates its first casks having been filled.

 

Independent Scotch whisky distillery Ardgowan was formally opened on Friday 20
June by Scotland's Deputy First Minister, Kate Forbes, as its first casks are
filled since building concluded earlier this month.

 

Founded in 2017, the west coast firm is led by whisky entrepreneur and Distil
investor, Roland Grain, and Distillery Manager, Laura Davies, who together
spearhead an expert team with a combined experience spanning over seven
decades in the whisky industry.

 

Featuring an impressive Scandinavian longhouse design and visually striking
97% recycled aluminium roof, the distillery has its sights set on producing
top quality whisky and striving for carbon neutrality.

 

Following eight years of development, planning and construction, the
distillery is the first to operate in the Inverclyde region for over a
century.

 

The site was also opened to the public on Friday evening, with around 2,000
visitors welcomed to celebrate the milestone, with tours of the distillery,
exclusive bottlings, live music and street food. Visitors were also welcomed
into the Blackwoods Brand Home, tasting the core range alongside a menu of
cocktails.

 

As shareholders will be aware Distil invested £3m into the Ardgowan
Distillery project in 2021 in the form of a convertible loan (convertible into
Ardgowan equity at a fixed pre- conversion valuation of £30m representing
10.5% of Ardgowan's fully diluted share capital) to support the development of
the new Malt Whisky distillery.

 

Commenting on this major landmark, Roland Grain, CEO of Ardgowan said:

 

"After a lengthy build, the team and I are thrilled to now be in full
production and filling casks with our own distillate, including private casks
for our Clan Ardgowan members. Ardgowan's ultimate goal is to revive the
golden age of Scotch whisky with long Sherry cask maturation in European oak.
Producing whisky is all about time and patience, so, as we fill our first
casks and the Deputy First Minister opens the site to the public, we look
forward to steadily perfecting our Single Malt in the years to come.

 

It was fantastic to be able to welcome so many visitors to the site to
celebrate this milestone with us. We thank everyone for their support in
helping us reach this point, and we look forward to continuing to strengthen
our relationship with the local community."

 

Don Goulding, Executive Chairman, Distil, added:

 

"We extend our congratulations to everyone who has been involved with ensuring
this impressive project reached this significant milestone, and we were
delighted to be able to be there to celebrate with the team.

 

It was excellent to give visitors a preview of Blackwoods new home and taste
and purchase the range. The feedback we received from visitors on both the
existing range and new product was outstanding and we look forward to
welcoming them back to the brand home once this opens to the public.

 

Distil's partnership with Ardgowan remains of the upmost importance to the
business and we look forward to continuing mutual support and growth for many
years to come."

 

Enquiries:

For further information, please contact:

 

 Distil PLC
 Don Goulding, Executive Chairman  Tel: +44 203 283 4006

 SPARK Advisory Partners Limited

 (NOMAD)
 Neil Baldwin                      Tel: +44 203 368 3550

 Mark Brady
 Allenby Capital Ltd

 (Broker)
 James Reeve/Piers Shimwell        Tel: +44 (0)20 3328 5656

 Jos Pinnington/Guy McDougall

 

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