Artisanal Spirits Company PLC (The) Result of AGM (6472M)

TIDMART

RNS Number : 6472M

Artisanal Spirits Company PLC (The)

24 May 2022

24 May 2022

The Artisanal Spirits Company plc

("The Artisanal Spirits Company", "ASC" or the "Company")

Result of Annual General Meeting

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 at its Annual General Meeting ("AGM") held today, all resolutions were duly passed.

The results of the poll for each resolution put to shareholders at the AGM are set out below:

 
 Resolution                            For         %      Against    % against     Votes 
                                                  for                             withheld 
 1. To receive and consider 
  the Annual report and accounts 
  2021                              25,795,613   99.99     1,785       0.01          0 
                                   -----------  ------  ----------  ----------  ---------- 
 2. To approve the Directors' 
  remuneration report               25,788,144   99.99     3,835       0.01        5,419 
                                   -----------  ------  ----------  ----------  ---------- 
 3. To re-elect Mark Hunter         25,792,849   99.99     2,620       0.01        1,929 
                                   -----------  ------  ----------  ----------  ---------- 
 4. To re-elect Paul Skipworth      25,790,456   99.98     5,013       0.02        1,929 
                                   -----------  ------  ----------  ----------  ---------- 
 5. To re-elect David Ridley        25,790,456   99.98     5,013       0.02        1,929 
                                   -----------  ------  ----------  ----------  ---------- 
 6. To re-elect Andrew Dane         25,790,456   99.98     5,013       0.02        1,929 
                                   -----------  ------  ----------  ----------  ---------- 
 7. To re-elect Mark Bedingham      25,792,849   99.99     2,620       0.01        1,929 
                                   -----------  ------  ----------  ----------  ---------- 
 8. To re-elect Gavin Hewitt 
  CMG                               25,792,849   99.99     2,620       0.01        1,929 
                                   -----------  ------  ----------  ----------  ---------- 
 9. To re-elect Lesley Jackson      25,792,849   99.99     2,620       0.01        1,929 
                                   -----------  ------  ----------  ----------  ---------- 
 10. To re-elect Helen Page         25,792,947   99.99     2,620       0.01        1,831 
                                   -----------  ------  ----------  ----------  ---------- 
 11. To appoint Mazars LLP 
  as Auditor                        25,791,308   99.98     4,974       0.02        1,116 
                                   -----------  ------  ----------  ----------  ---------- 
 12. To authorise the Board 
  of Directors to set the 
  Auditors' fees                    25,790,228   99.98     4,974       0.02        2,196 
                                   -----------  ------  ----------  ----------  ---------- 
 13. To authorise the Directors 
  to allot further shares           25,788,238   99.97     7,079       0.03        2,081 
                                   -----------  ------  ----------  ----------  ---------- 
 14. To disapply pre-emption 
  rights                            24,235,948   93.95   1,559,369     6.05        2,081 
                                   -----------  ------  ----------  ----------  ---------- 
 

Notes

As at 19 May 2022, being the date which shareholders had to be on the register to be eligible to vote, there were 69,605,774 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.

A recording of the AGM and a document responding to the questions raised will be available shortly on the Company's website at www.artisanal-spirits.com .

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 
 

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 35,000 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RAGSELFDLEESELI

(END) Dow Jones Newswires

May 24, 2022 09:45 ET (13:45 GMT)