01
November 2024
Rogue Baron
plc
(‘Rogue Baron’ or
the ‘Company’)
Update
Rogue Baron plc (AQSE:
SHNJ), a leading company in the premium spirit sector, is
pleased
to announce that its
premier brand, Shinju Japanese Whisky (“Brand”), is set to be
available again in the United
States during the third week of November. The latest
shipment, comprising a full container, is scheduled to arrive at
the Port of New York on
November 15th,
2024.
Since January, the Brand
has experienced stock shortages in the
United States due to several issues. These include delays in
resuming production pending the completion of the Company’s
investment deal, concluded at the end of March, and limited cargo
space and availability for shipments from Japan, largely due to issues in the Red Sea
and a port strike in the United
States, that contributed to significant shipping
backlogs.
While the delayed stock
availability in the United States
has tempered the Brand's turnover, it has also generated
significant pent-up demand. The forthcoming shipment, which
includes 800 cases, is already presold and
oversold.
Rogue Baron is initiating
the next production cycle to meet the growing demand for inventory.
Key expanding markets for Shinju, such as Texas and Nevada, are preparing to place orders in the
upcoming months. Recent investments in the Brand now enable
continuous production, which will help mitigate any future stock
shortages.
The Directors of the
Company accept responsibility for the contents of this
announcement.
END
For further information, please
contact:
The
Company
rdolder@roguebaron.com
Aquis Corporate
Adviser:
Peterhouse Capital
Limited
+44 (0) 20 7469
0936
Aquis Corporate
Broker:
Peterhouse Capital
Limited
Lucy Williams
+44 (0) 20 7469
0936
Joint
Broker:
Clear Capital
Limited
Bob Roberts
+44 (0) 20 3869 6080