IWSC Awards 2017 and Harvest Report

RNS Number : 2865X

Gusbourne PLC

23 November 2017

 

PRESS RELEASE for RNS

23^rd November 2017

GUSBOURNE PLC

("Gusbourne")

IWSC Awards 2017 and Harvest Report

Gusbourne is pleased to announce that it has been awarded IWSC 'English Wine Producer of the Year' for the third time in the past five years.

Now in its 48th year, the International Wine & Spirit Competition (IWSC) sets the benchmark for international wine competitions. Entries are received from nearly 90 countries worldwide with each wine judged at a permanent onsite cellar by over 400 global experts judging products for seven months of the year.

The IWSC 2017 trophy award for best English producer follows the IWSC 2017 medal awards which saw Gusbourne receiving two gold, two silver and four bronze medals.

Gusbourne is pleased to announce that the 2017 harvest is now complete and has been the most successful harvest to date in terms of quality with a yield that exceeded expectations.

An early start to the year resulted in the earliest ever harvest in Gusbourne's history. As a result, grapes were able to benefit from full ripeness with optimum levels of both natural sugar and acidity obtained. Furthermore, a warm, dry summer resulted in significantly higher yields than anticipated.

Despite widespread frost at the start of the season affecting vineyards across Europe, the vast majority of the Gusbourne vineyards were unaffected. This was largely as a result of careful site selection, vineyard management and a planned investment in advanced frost protection measures.

Andrew Weeber, Chairman, commented:

"We are extremely excited by the quality of the 2017 harvest which has proved an excellent year for grape growing and winemaking, our dedicated team have produced an excellent crop that will add to our inventories of premium sparkling wine as we continue to grow our business."

For further information contact:

Gusbourne Plc

Andrew Weeber /Charlie Holland (0)12 3375 8666

Cenkos Securities plc

Nicholas Wells [phone]

Note to Editors:

Gusbourne Plc, trading on AIM (Symbol: GUS), is engaged, via its wholly owned subsidiary Gusbourne Estate Limited ("Gusbourne Estate"), in the production and distribution of a range of high quality and award winning English sparkling and still wines from grapes grown in its own vineyards in Kent and West Sussex. The majority of Gusbourne's vineyards are located at its freehold estate at Appledore in Kent where the winery is also based.  Please note that "Gusbourne Estate" is also a registered trade mark of the business.

Further information may be found on the Company websites at:

http://www.gusbourne.com/

and for investors at:

http://www.gusbourneplc.com/

 

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