Artisanal Spirits Company PLC (The) Director Share Purchase (8755H)

TIDMART

RNS Number : 8755H

Artisanal Spirits Company PLC (The)

11 April 2022

11 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 8 April 2022 that David Ridley, Managing Director of the Company, purchased 24,936 ordinary shares in the Company ("Ordinary Shares") at a price of 80.0p pence per Ordinary Share.

Following this purchase, David Ridley's total beneficial interest in the Company is 209,092 Ordinary Shares representing approximately 0.30% 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            via Alma PR 
  David Ridley, Managing Director 
  Andrew Dane, Finance Director 
 Singer Capital Markets (Nominated Adviser    Tel: [phone] 
  and Sole Broker)                             3000 
  Sandy Fraser 
  Rachel Hayes 
  George Tzimas 
  Asha Chotai 
 Alma PR (Financial PR)                       Tel: [phone] 
  Josh Royston                                 [e-mail] 
  David Ison 
  Lily Soares Smith 
  Ella Doran 
 

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                         David Ridley 
      ---------------------------  ------------------------------------------------ 
 2     Reason for the notification 
      ----------------------------------------------------------------------------- 
 a)    Position/status              Managing Director 
      ---------------------------  ------------------------------------------------ 
 b)    Initial notification         Initial Notification 
        /Amendment 
      ---------------------------  ------------------------------------------------ 
 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           Ordinary shares of 0.25 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code          GB00BNXM3P96 
 
 b)    Nature of the transaction    Purchase of Ordinary Shares 
      ---------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                        ---------------  --------------- 
                                         Price(s)         Volume(s) 
                                        ---------------  --------------- 
                                         80.0p            24,936 
                                        ---------------  --------------- 
 
 d)    Aggregated information        N/A 
      ---------------------------  ------------------------------------------------ 
 e)    Date of the transaction      8 April 2022 
      ---------------------------  ------------------------------------------------ 
 f)    Place of the transaction     London Stock Exchange, AIM Market (XLON) 
      ---------------------------  ------------------------------------------------ 
 
 
 

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April 11, 2022 02:01 ET (06:01 GMT)