Director Share Purchase

RNS Number : 6840P
Artisanal Spirits Company PLC (The)
21 June 2022
 

21 June 2022

The Artisanal Spirits Company plc

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

Director Share Purchase

The Artisanal Spirits Company (AIM: ART), the owner of The Scotch Malt Whisky Society ("SMWS"), the leading curator and provider of premium single cask Scotch malt whisky and other spirits for sale primarily online to a discerning global membership, announces that Gavin Hewitt, Non-Executive Director of the Company, has today purchased 23,541 ordinary shares of 0.25 pence each in the Company ("Ordinary Shares") at a price of 63.5 pence per Ordinary Share.

Following this transaction, Gavin Hewitt's total beneficial interest in the Company is 64,777 Ordinary Shares representing approximately 0.09% of the Company's issued share capital as at today's date.  

The Notification of Dealing Form required in accordance with UK MAR is set out below.

For further enquiries:

 

The Artisanal Spirits Company plc

David Ridley, Managing Director

Andrew Dane, Finance Director 

 

via Alma PR

 

Singer Capital Markets (Nominated Adviser and Sole Broker)

Sandy Fraser

Rachel Hayes

George Tzimas

Asha Chotai

 

Tel: +44 (0) 20 7496 3000

 

Alma PR (Financial PR)

Josh Royston

David Ison

Lily Soares Smith

Ella Doran

Tel: +44 (0)20 3405 0205

artisanalspirits@almapr.co.uk

 

About The Artisanal Spirits Company

 

Artisanal Spirits Company (ASC) is based in Edinburgh. It owns The Scotch Malt Whisky Society (SMWS) which was established in 1983 and currently has a growing worldwide membership of over 35,000 paying subscribers.

 

Harnessing the experience of some of the most knowledgeable stewards in the industry, SMWS provides members with inspiring experiences, content and exclusive access to a vast and unique range of outstanding single cask Scotch malt whiskies and other craft spirits, sourced from over 100 distilleries in 20 countries and expertly curated with diligence and care. In 2021 around 83% of Group revenue was generated online, whilst 13% was generated through SMWS's four UK venues.

 

Having initially proven its premium experience model in the UK, SMWS is now able to offer its unrivalled breadth of distinguished flavours to an expanding international market, with 69% of 2021 sales from outside the UK. SMWS has a growing presence in the key global whisky markets including UK, China, USA and Europe.

 

ASC is building a portfolio of premium brands that bring together some of the world's best spirits producers with a growing movement of discerning consumers by curating unrivalled collections of craft spirits. In November 2021 it launched J.G. Thomson & Co. Inspired by its namesake, which was originally a wine and spirits merchant in Leith, Scotland, in the 1700s, J.G. Thomson is a new, adventurous blender, creating small batch blended malt whiskies, blended grain whiskies, rum and gin. J.G. Thomson products are available from  www.jgthomson.com  as well as a range of leading whisky shops, bars and restaurants.



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

 

Gavin Hewitt

2

 

Reason for the notification

a)

 

Position/status

Non-Executive Director

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

 

Purchase of Ordinary Shares

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




63.5p

23,541







d)

 

Aggregated information

 

N/A - single transaction

e)

 

Date of the transaction

21 June 2022

f)

 

Place of the transaction

London Stock Exchange, AIM Market (AIMX)  








 

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