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Pin to quick picksArtisanal Sp.co Regulatory News (ART)

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Director Dealing

15 Apr 2024 16:47

RNS Number : 6846K
Artisanal Spirits Company PLC (The)
15 April 2024
 

The Artisanal Spirits Company plc

 

("ASC plc", the "Group" or the "Company")

 

Director Dealing

 

ASC plc (AIM:ART), announces that the Company was notified on 15 April 2024, that on 15 April 2024, Mark Hunter, Chair and Non-Executive Director, purchased 104,297, ordinary shares of 0.25 pence each in the Company ("Ordinary Shares"), at a price of 43.85 pence per share.

 

Following the purchase, Mark Hunter will have a beneficial interest in 1,427,310 Ordinary Shares representing 2.02 per cent. of the issued share capital of the Company.

 

The Notification of Dealing Form required in accordance with Article 19.3 of MAR are set out below.

 

Enquiries:

The Artisanal Spirits Company plc

Andrew Dane, Chief Executive Officer 

Billy McCarter, Chief Financial Officer

 

via Instinctif PR 

Liberum Capital Limited (Nominated Adviser and Broker)

Edward Thomas

Dru Danford

John More

 

Tel: +44 (0) 20 3100 2222

 

Instinctif Partners (Financial PR)

Justine Warren

Matthew Smallwood

Joe Quinlan

Tel: +44 (0)20 7457 2020 

About The Artisanal Spirits Company

 

ASC's purpose is to captivate a global community of whisky adventurers, creating and selling outstanding, limited-edition whiskies and experiences around the world with an ambition to create a high quality, highly profitable and cash generative, premium global business.

 

Based in Edinburgh, ASC owns The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN) and J.G. Thomson (JGT). Owning over 17,000 casks primarily comprising Single Malt Scotch Whisky, ASC's stock includes outstanding whisky (and other spirits) from 150 different distilleries across 20 countries which is sold to members both as individual bottles and whole casks.

 

Established in 1983, SMWS currently has a growing worldwide membership of over 41,000 paying members. With an established global presence in some 30 countries, SMWS operates a direct-to-consumer model (90% of revenue) primarily through e-commerce, in addition to four member rooms in the UK. SMWS provides members with inspiring experiences, content and exclusive access to a vast and unique range of outstanding, expertly curated Scotch malt and other whiskies.

 

In January 2024, ASC acquired SCN which sources, curates and bottles single-cask whiskies and other spirits selling both online and via traditional retail channels to its following of over 10,000 whisky enthusiasts in the USA. SCN also retails to international markets including the UK, Germany, Sweden, Japan, Israel and Canada.

 

Launched in the UK in late 2021, JGT has a focus on outstanding small batch blended malt whiskies and other spirits, available both through direct-to-consumer online sales and through traditional retail channels. The award-winning brand has subsequently expanded into international markets.

 

With proven e-commerce reach and a growing family of brands, ASC is building a portfolio of limited-edition and small-batch whisky and other spirits brands for a global movement of discerning consumers - delivering revenue of £23.5 million in FY23, predominantly from outside the UK, with an expanding presence in the other key global whisky markets including USA, China, Europe, Japan, Australia and Taiwan.

 

ASC has a pioneering business model, a substantial and growing addressable market presenting a long-term global opportunity and a strong and resilient business primed to deliver growth.

 

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

Mark Hunter

2.

Reason for the Notification

a)

Position/status

Chair, 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)

 43.85 pence

104,297

 

d)

Aggregated information:

· Aggregated volume

· Price

 

104,297

43.85 pence

 

e)

Date of the transaction

15 April 2024

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

END

 

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END
 
 
DSHBUGDSLSBDGSU
Date   Source Headline
26th Apr 20243:08 pmRNSPublication of Annual Report and Notice of AGM
15th Apr 20244:47 pmRNSDirector Dealing
27th Mar 202412:00 pmRNSDirector Dealings
27th Mar 20247:00 amRNSPreliminary Results
25th Mar 20247:00 amRNSInvestor Presentation via Investor Meet Company
19th Feb 20247:00 amRNSNotification of FY Results Date
4th Jan 20247:00 amRNSAcquisition of US based Single Cask Nation
19th Dec 20237:00 amRNSDirector Dealing
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21st Nov 20233:06 pmRNSGrant of Options
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5th May 20237:00 amRNSGrant of Options
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