Last checked at 7 Apr 2022 11:21
7 April 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 it was notified on 6 April 2022 that Mark Hunter, Non-Executive Chair of the Company, purchased 330,000 ordinary shares in the Company ("Ordinary Shares") at a price of 72.58p pence per Ordinary Share.
Following this purchase, Mark Hunter's total beneficial interest in the Company is 1,273,525 Ordinary Shares representing approximately 1.83% of the Company's issued share capital.
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 34,000 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
| Mark Hunter | ||||
2
| Reason for the notification | |||||
a)
| Position/status | Non-Executive Chair | ||||
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) | |||||
72.58p | 330,000 | |||||
d)
| Aggregated information
| N/A | ||||
e)
| Date of the transaction | 6 April 2022 | ||||
f)
| Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||