Gusbourne Regulatory News (GUS)

30 November 2023

Gusbourne Plc

("Gusbourne" or the "Company")

Board Changes

Gusbourne Plc (AIM: GUS), the premium English sparkling wine producer, today announces the appointment of Mark Hallas to the Company's board of directors ("Board") as a Non-Executive Director, with immediate effect. The Company also announces that Matthew Clapp, Non-Executive Director, has resigned from the Board with immediate effect to concentrate on his new business interests overseas.

Jim Ormonde, Gusbourne's Chairman, commented:

"We would like to thank Matthew for his valued service and support to Gusbourne since 2015. We wish him well in his new ventures and look forward to seeing him at future Gusbourne events.

"We look forward to Mark joining the Gusbourne Board.  Following a distinguished and decorated military career at the highest levels of intelligence, he has gained a wealth of strategic experience at a senior level in both the commercial and charity sectors. With his expertise in change management and business acumen, we are convinced he will add value and strongly support the management team as they develop our strategy in the years ahead, further enhancing Gusbourne's position as a luxury brand producing the finest English wines."

Schedule 2(g) disclosures

Mark Julian Hallas (aged 59) holds the following directorships and partnerships:

Current directorships/partnerships:

Carlisle Support Services Group Limited

Taunton School Educational Charity

Treble 5 Treble 1 Limited

Crimestoppers Enterprises Limited

Shutdown Maintenance Services Limited

Mr Hallas does not own any shares in the Company, has no previous directorships and has confirmed there is no further information to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules for Companies.

For further information contact:

Enquiries:

Note: This and other press releases are available at the Company's website: www.gusbourneplc.com

Note to Editors

Gusbourne produces and distributes a range of high quality and award winning vintage English sparkling wines from grapes grown in its own vineyards in Kent and West Sussex.

The Gusbourne business was founded by Andrew Weeber in 2004 with the first vineyard plantings at Appledore in Kent. The first wines were released in 2010 to critical acclaim. Following additional vineyard plantings in 2013 and 2015 in both Kent and West Sussex, Gusbourne now has 93 hectares of mature vineyards. The NEST visitor centre was opened next to the winery in Appledore in 2017, providing tours, tastings and a direct outlet for our wines.

Right from the beginning, Gusbourne's intention has always been to produce the finest English sparkling wines. Starting with carefully chosen sites, we use best practice in establishing and maintaining the vineyards and conduct green harvests to ensure we achieve the highest quality grapes for each vintage. A quest for excellence is at the heart of everything we do. We blind taste hundreds of samples before finalising our blends and even after the wines are bottled, they spend extended time on their lees to add depth and flavour. Once disgorged, extra cork ageing further enhances complexity. Our winemaking process remains traditional, but one that is open to innovation where appropriate. It takes four years to bring a vineyard into full production and a further four years to transform those grapes into Gusbourne's premium sparkling wine.

Gusbourne's luxury brand enjoys premium price positioning and is distributed in the finest establishments both in the UK and abroad. Our wines can be found in leading luxury retailers, restaurants, hotels and stockists, always being aware that where we are says a lot about who we are.