Exercise of Share Options, PDMR Dealing & TVRs

RNS Number : 5115E

Distil PLC

12 February 2018

 

Distil plc

("Distil" or the "Company")

Exercise of Share Options, PDMR Dealing & Total Voting Rights

Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva vodka, announces that it has issued 1,000,000 new ordinary shares of 0.1 pence ("Ordinary Shares") following the exercise of the equivalent number of share options by Mark Quinn, a Non-Executive Director of the Company, at an exercise price of 0.85 pence per Ordinary Share ("Option Shares").

Application has been made to the London Stock Exchange for the Option Shares to be admitted to trading on AIM at 8:00 a.m. on 15 February 2018 ("Admission"). The Option Shares shall rank pari passu with the existing ordinary shares in the Company.

Following Admission, Mark Quinn (and persons related to him) will hold no options or warrants in the Company, and will have a beneficial interest in 6,000,000 Ordinary Shares, representing 1.2% of the enlarged issued share capital of the Company.

Following Admission, the Company's enlarged issued share capital will comprise 500,833,488 Ordinary Shares with one voting right per share. There are no shares held in treasury. The total number of voting rights in the Company is therefore 500,833,488.

This figure of 500,833,488 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further Information: 

Distil PLC
Don Goulding Executive Chairman Shaun Claydon, Finance Director	Tel: [phone]
SPARK Advisory Partners Limited (NOMAD)
Neil Baldwin Mark Brady	Tel [phone]
Turner Pope Investments (TPI) Ltd (Broker)
Andy Thacker	Tel [phone]

1.	Details of the PDMR / person closely associated
a)	Name	Mark Quinn
2.	Reason for the notification
a)	Position / status	PDMR
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Distil Plc
b)	LEI	213800G6BJQ18CKXWF05
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 Identification code	Exercise of Options GB0030164023
b)	Nature of the transaction	Exercise of Options
c)	Price(s) and volume(s)	1,000,000 at 0.85p
d)	Aggregated information	N/A (Single transaction)
	Aggregated volume
	-      Price
e)	Date of the transaction	15 February 2018
f)	Place of the transaction	London Stock Exchange (XLON)

 

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