Gusbourne PLC Issue of Equity (7499B)
04 October 2022 - 11:51PM
UK Regulatory
TIDMGUS
RNS Number : 7499B
Gusbourne PLC
04 October 2022
4 October 2022
Gusbourne Plc
("Gusbourne", the "Company" or the "Group")
Issue of Equity
The Company announces that it has issued 4,580 new ordinary
shares of 1 pence each in the capital of the Company ("Ordinary
Shares") pursuant to an exercise of warrants by certain investors
in the Company. All warrants were exercised at an exercise price of
75 pence per share. The new Ordinary Shares will rank pari passu in
all respects with the existing Ordinary Shares of the Company.
An application has been made for the Ordinary Shares to be
admitted to trading on AIM ("Admission"). Admission is expected to
occur on 10 October 2022. Following Admission, the Company will
have 60,760,900 ordinary shares in issue admitted to trading on
AIM, which figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
Unexercised Warrants amount to 3,973,064 Ordinary Shares of 1
pence each. These Warrants are excercisable at a price of 75 pence
per share and have a final exercise date of 16 December 2022.
Enquiries:
Gusbourne Plc
Charlie Holland +44 (0)12 3375 8666
Panmure Gordon (UK) Limited (Nomad and Sole Broker)
Oliver Cardigan + 44 (0)20 7886 2500
Hugh Rich
Note: This and other press releases are available at the
Company's website: www.gusbourneplc.com
Note to Editors
Gusbourne produces and distributes a range of high quality and
award winning vintage English sparkling wines from grapes grown in
its own vineyards in Kent and West Sussex.
The Gusbourne business was founded by Andrew Weeber in 2004 with
the first vineyard plantings at Appledore in Kent. The first wines
were released in 2010 to critical acclaim. Following additional
vineyard plantings in 2013 and 2015 in both Kent and West Sussex,
Gusbourne now has 231 acres of mature vineyards. The NEST visitor
centre was opened next to the winery in Appledore in 2017,
providing tours, tastings and a direct outlet for our wines.
Right from the beginning, Gusbourne's intention has always been
to produce the finest English sparkling wines. Starting with
carefully chosen sites, we use best practice in establishing and
maintaining the vineyards and conduct green harvests to ensure we
achieve the highest quality grapes for each vintage. A quest for
excellence is at the heart of everything we do. We blind taste
hundreds of samples before finalising our blends and even after the
wines are bottled, they spend extended time on their lees to add
depth and flavour. Once disgorged, extra cork ageing further
enhances complexity. Our winemaking process remains traditional,
but one that is open to innovation where appropriate. It takes four
years to bring a vineyard into full production and a further four
years to transform those grapes into Gusbourne's premium sparkling
wine.
We are one of England's most awarded wine producers. Highlights
include:
-- Three times winner of the International Wine & Spirits
Challenge (IWSC) English Wine Producer of the Year, having won the
award in 2013, 2015 and 2017- a unique achievement
-- Back-to-back winner of 'Winery of the Year' at the WineGB Competition in 2021 and 2022
-- Trophies for 'Best English Still Red Wine', 'Best English
Still White Wine' and 'Best English Still Wine' at Wine GB awards
2022
-- Trophy for 'Best Vintage English Sparkling Wine' at the 2022 International Wine Challenge
-- Shortlisted for 'Best Sparkling Wine Producer' at the 2022
International Wine and Spirits Competition
-- Awarded 'Judges Selection' trophy at the Texsom 2020-2022
Gusbourne's luxury brand enjoys premium price positioning and is
distributed in the finest establishments both in the UK and abroad.
Our wines can be found in leading luxury retailers, restaurants,
hotels and stockists, always being aware that where we are says a
lot about who we are.
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