TIDMDIS
RNS Number : 5038W
Distil PLC
12 December 2023
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF THE UK VERSION OF THE MARKET ABUSE REGULATION (EU)
NO.596/2014, WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN
UNION (WITHDRAWAL) ACT 2018 ("UK MAR"), AS AMENDED.
12 December 2023
Distil plc
("Distil", the "Company" or the "Group")
Result of General Meeting and Director / PDMR Shareholding
Result of General Meeting
Distil plc (AIM: DIS), Distil plc (AIM:DIS), owner of premium
drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, TRØVE
Botanical Vodka and Blavod Black Vodka, announces that at the
General Meeting held today at 10.00 a.m. all the resolutions
proposed were duly passed by the requisite majority:
Resolution (*indicates Votes for % of Votes % of Total votes
special resolution) shares against shares
voted voted
Resolution 1: Authority
to allot shares in connection
with the Placing, the Subscriptions 343,203,707 97.85 7,526,017 2.15 350,729,724
------------ -------- ---------- -------- -----------
Resolution 2*: Disapplication
of pre-emption rights in
connection with the Placing,
Subscriptions 343,203,707 97.85 7,526,017 2.15 350,729,724
------------ -------- ---------- -------- -----------
On 24 November 2023, Distil announced ("the Announcement") that
pursuant to a Placing and Subscription it has conditionally raised
GBP0.765 million through the issue of 218,571,428 Ordinary Shares
at the Issue Price of 0.35 pence per share. The Placing and
Subscription have been subscribed for by both new and existing
investors.
218,571,428 new Ordinary Shares have today been allotted
(91,428,571 Subscription Shares and 127,142,857 Placing Shares)
under the Subscription and Placing respectively. In addition,
2,142,857 Fee Shares have today been allotted.
The Placing Shares, the Subscription Shares and the Fee Shares
are expected to be admitted to trading on AIM at 8:00 a.m. on or
around 13 December 2023.
Following Admission, the number of Ordinary Shares in issue and
the number of voting rights will be 905,113,864. The figure of
905,113,864 Ordinary Shares may be used by Shareholders as the
denominator for the calculations by which they will determine
whether they are required to notify their interest in, or a change
to their interest in, the Company under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.
Director / PDMR Shareholding
Following Admission, Grain GmbH, a company in which non
executive Roland Grain has an interest, will have 213,619,107
shares which amounts to 23.60 % of the issued share capital.
Capitalised terms used but not defined herein shall have the
same meanings given to them in the announcement of the Announcement
published by the Company on 24 November 2023.
For further information please contact:
Distil PLC
Don Goulding, Executive Chairman Tel: +44 203 283 4006
----------------------
SPARK Advisory Partners Limited
(NOMAD)
----------------------
Neil Baldwin Tel: +44 203 368 3550
Mark Brady
----------------------
Turner Pope Investments (TPI)
Ltd
(Broker)
----------------------
Andy Thacker Tel: +44 203 657 0050
James Pope
----------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ("PDMRs") and persons
closely associated ("PCA") with them.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Roland Grain
-------------------------------- ---------------------------------------
Reason for notification
2
-------------------------------------------------------------------------
a) Position / status Non-Executive Director
-------------------------------- ---------------------------------------
b) Initial notification /Amendment Initial notification
-------------------------------- ---------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name Distil plc
-------------------------------- ---------------------------------------
b) LEI 213800G6BJQ18CKXWF05
-------------------------------- ---------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 of GBP0.001 each
Identification code in Distil plc
ISIN : GB0030164023
-------------------------------- ---------------------------------------
b) Nature of the transaction (i) Subscription for new ordinary
shares by Grain GmbH, a company
in which Mr Roland Grain has an
interest.
-------------------------------- ---------------------------------------
c) Price(s) and volumes(s) Price(s) Volumes(s)
0.35p 57,142,857
-------------------------------- ---------------------------------------
d) Aggregated information n/a
-------------------------------- ---------------------------------------
e) Date of the transaction 12 December 2023
-------------------------------- ---------------------------------------
f) Place of the transaction Off market
-------------------------------- ---------------------------------------
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END
ROMDZMMZGZVGFZM
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