Exercise of Options and Total Voting Rights

RNS Number : 7926M

Artisanal Spirits Company PLC (The)

26 May 2022

 

26 May 2022

The Artisanal Spirits Company plc

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

Exercise of Options

and

Total Voting Rights

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 it has issued and allotted 171,000 new ordinary shares in the capital of the Company ("New Ordinary Shares") following the exercise of options by a former employee of the Company.

Application has been made to the London Stock Exchange for the 171,000 New Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and trading in the New Ordinary Shares will commence at 8.00 a.m. on 31 May 2022.

The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares.

Total Voting Rights

Following Admission, the Company's total issued share capital will be 69,776,774 Ordinary Shares. The Company does not hold any shares in treasury. Therefore, the total number of voting rights in the Company will be 69,776,774.

The above figure of 69,776,774 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

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: [phone]
Alma PR (Financial PR) Josh Royston David Ison Lily Soares Smith	Tel: [phone] [e-mail]

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.

 

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