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DIS.GB Distil plc

0.53
-0.025 (-4.50%)
26 Apr 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Distil plc AQSE:DIS.GB Aquis Stock Exchange Ordinary Share GB0030164023
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025 -4.50% 0.53 0.46 0.65 0.555 0.53 0.555 0.00 16:29:52
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Distil PLC Ardgowan appoints Whisky Stalwart as Chairman

22/01/2024 9:00am

RNS Non-Regulatory


TIDMDIS

Distil PLC

22 January 2024

Distil PLC

Ardgowan Distillery Company appoints Whisky Stalwart as Chairman

Distil plc (AIM:DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, TRØVE Botanical Vodka and Blavod Black Vodka, is pleased to note that Ardgowan Distillery Company Limited ("Ardgowan") has appointed Whisky industry stalwart, Paul Currie, as Chairman in anticipation of its GBP20 million 'cathedral of whisky' becoming operational at the end of 2024.

With 30 years' experience founding successful independent distilleries including the Isle of Arran Distillers and The Lakes Distillery, Paul Currie brings an extensive understanding of the whisky industry to state of the art, net-zero designed Ardgowan distillery.

Paul joins a team of notable industry names currently backing the distillery including ex-Macallan Master of Wood, Stuart Macpherson and Master Whisky Maker, Max McFarlane, previous Lead Whisky Maker at Edrington with over 40 years industry experience.

His appointment comes in tandem with the recent appointment of Sales and Marketing Director, David Keir, a Founding Director of The GlenAllachie Distillers Company with over 25 years industry experience.

Speaking on his appointment, Paul commented :

"There has been great change in the malt whisky industry over the last 30 years, as many new independent distilleries have opened. I have been fortunate to have been involved as co-founder of two of these, Isle of Arran and The Lakes, both of which continue to grow and prosper.

"A new wave of distilleries are now opening both in Scotland and in the rest of the world and Ardgowan Distillery is set to be at the forefront of these, with a terrific location, innovative ideas, and an outstanding team.

"From the cutting-edge technologies helping the distillery reach its sustainability goals to the commitment to quality made through Ardgowan's investment in its unique Infinity casks, everything to date has been planned to the highest standard.

"With construction now underway on site, it is a pivotal time to be joining the team. I am particularly looking forward to supporting the development of the Clan Ardgowan programme which allows whisky lovers from all over the world to become part of Ardgowan Distillery's journey. I am also enthusiastic about bringing my knowledge and experience to the team to help Ardgowan to become a leading single malt brand."

Ardgowan Distillery Chief Executive, Martin McAdam, added:

"As a start-up distillery it is so important for us to be able to attract great people. With Paul's experiences from both Isle of Arran and The Lakes Distillery, he is someone who has built distillery businesses from the ground-up it is a real pleasure to bring him on board as our Chairman."

Distil Executive Chairman, Don Goulding, said:

"We congratulate Paul and the whole Ardgowan team on this appointment. Paul has fantastic experience in the industry, and we're sure that he will add a huge amount of value to the business in his new role. We look forward to working with him closely as our partnership develops."

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January 22, 2024 04:00 ET (09:00 GMT)

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