Auditor Change

Gusbourne PLC

21 December 2023

 

21 December 2023

Gusbourne Plc

("Gusbourne", the "Company" or the "Group")

Auditor Change

The Board of Gusbourne Plc ("Gusbourne" or the "Company") has appointed Kreston Reeves LLP ("Kreston Reeves") as its new independent auditor with immediate effect.

The Board has approved the appointment of Kreston Reeves as the Company's auditor for the financial year ending 31 December 2023. The re-appointment of Kreston Reeves for the financial year ending 31 December 2024 will be subject to approval by shareholders at the next Annual General Meeting of the Company to be held in 2024.

The appointment of Kreston Reeves follows the resignation of BDO LLP ("BDO") who has confirmed to the Company that there are no circumstances connected with its resignation which it considers should be brought to the attention of the members or creditors of the Company.  The Board wishes to take this opportunity to extend appreciation to BDO for its services rendered to the Company in recent years.

Enquiries:

Gusbourne Plc

Katharine Berry CFO                                                             [phone]

Panmure Gordon (UK) Limited (Nomad and Sole Broker)                       

James Sinclair-Ford / Ailsa Macmaster / Lauren Riley           [phone]

Hugh Rich / Rauf Munir

Media
Kate Hoare / Ben Robinson / India Spencer (Houston) [e-mail]	[phone]

Note: This and other press releases are available at the Company's website: www.gusbourneplc.com

This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement, this information is now considered to be in the public domain.

Note to Editors

Gusbourne produces and distributes a range of high quality and award winning vintage English sparkling wines from grapes grown in its own vineyards in Kent and West Sussex.

The Gusbourne business was founded by Andrew Weeber in 2004 with the first vineyard plantings at Appledore in Kent. The first wines were released in 2010 to critical acclaim. Following additional vineyard plantings in 2013 and 2015 in both Kent and West Sussex, Gusbourne now has 93 hectares of mature vineyards. The NEST visitor centre was opened next to the winery in Appledore in 2017, providing tours, tastings and a direct outlet for our wines.

Right from the beginning, Gusbourne's intention has always been to produce the finest English sparkling wines. Starting with carefully chosen sites, we use best practice in establishing and maintaining the vineyards and conduct green harvests to ensure we achieve the highest quality grapes for each vintage. A quest for excellence is at the heart of everything we do. We blind taste hundreds of samples before finalising our blends and even after the wines are bottled, they spend extended time on their lees to add depth and flavour. Once disgorged, extra cork ageing further enhances complexity. Our winemaking process remains traditional, but one that is open to innovation where appropriate. It takes four years to bring a vineyard into full production and a further four years to transform those grapes into Gusbourne's premium sparkling wine.

Gusbourne's luxury brand enjoys premium price positioning and is distributed in the finest establishments both in the UK and abroad. Our wines can be found in leading luxury retailers, restaurants, hotels and stockists, always being aware that where we are says a lot about who we are.

 

END