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 13 September 2024, that on 12 September
2024, Mark Bedingham, Non-Executive Director, sold 45,000 ordinary
shares of 0.25 pence each in the Company ("Ordinary Shares"), at a
price of 43.0 pence per share.
Following the sale, Mark Bedingham
will have a beneficial interest in 2,456,476 Ordinary Shares
representing 3.48% per cent. of the issued share capital of the
Company.
The
Notification of Dealing Form required in accordance with Article
19.3 of MAR is set out below.
For
further enquiries:
The Artisanal Spirits Company plc
Andrew Dane, Chief Executive
Officer
Billy McCarter, Chief Financial
Officer
|
via Instinctif PR
|
Panmure Liberum 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
Hannah Scott
|
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 18,000 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.
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 key international whisky markets around the
world.
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 Bedingham
|
2.
|
Reason for the Notification
|
a)
|
Position/status
|
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
|
Identification code
|
GB00BNXM3P96
|
b)
|
Nature of the transaction
|
Sale of Ordinary Shares
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
43.0 pence
|
45,000
|
|
d)
|
Aggregated information:
· Aggregated volume
· Price
|
45,000
43.0 pence
|
e)
|
Date of the transaction
|
12 September 2024
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM Market
(XLON)
|
END