Gusbourne PLC Board Change (9708D)
27 June 2023 - 4:00PM
UK Regulatory
TIDMGUS
RNS Number : 9708D
Gusbourne PLC
27 June 2023
Gusbourne PLC
("Gusbourne or the Company")
Board Change
Gusbourne Plc, (AIM: GUS) the English sparkling wine producer
today announces that Charlie Holland will be stepping down as Chief
Executive Officer with effect from 6th September 2023.
The Board will now begin the search process for a new Chief
Executive Officer, and a further announcement will be made in due
course.
Charlie has decided, after 10 years with the Company to take up
a new role as Winemaker at Jackson Family Wines, a globally
renowned wine producer. Charlie will continue with his current role
until 6(th) September 2023 and thereafter will be retained by the
Company as a part time consultant for a limited period to assist
the wine making team during the 2023 harvest and other winemaking
matters.
Jon Pollard, our Chief Vineyard Manager and Chief Operating
Officer, will continue to oversee harvest operations and the supply
of Gusbourne's high quality grapes which are the bedrock of
Gusbourne's premium vintage wine products. As part of long-term
succession planning Charlie has recruited and trained a high
performing, talented and experienced winemaking team of four people
with over 16 years of combined experience in making Gusbourne
wines. The production of Gusbourne's sparkling wine remains a long
term process and the Company has wine inventories in its cellars to
support over four years of future sales.
Charlie Holland, CEO, said:
"It is with great sadness that I will be leaving Gusbourne. It
has been an amazing ten years during which we have forged a
wonderful Gusbourne culture, established an experienced and
collaborative team to help drive further business growth, and made
many award winning wines. I am sure the Gusbourne team will
continue to excel and build upon the achievements of the last
decade".
Jim Ormonde, Chairman, said:
"We are enormously grateful to Charlie Holland for his
invaluable service over the last ten years and we wish him well in
his future role. He has led the business and built up a highly
talented team in all key areas of the Company through a period of
significant growth and strategic progress. He has also further
developed and enhanced Gusbourne's luxury brand status with a
growing range of highly acclaimed and award-winning products."
Enquiries:
Gusbourne Plc
Katharine Berry CFO +44 (0)12 3375 8666
Phil Clark, Investor Relations
Panmure Gordon (UK) Limited (Nomad
and Sole Broker)
+ 44 (0)20 7886
James Sinclair-Ford / Lauren Riley 2500
Hugh Rich
Media
Kate Hoare / Ben Robinson / India Spencer
(Houston)
gusbourne@houston.co.uk +44 (0)20 4529 0549
Note: This and other press releases are available at the
Company's website: www.gusbourneplc.com
This announcement contains inside information for the purposes
of article 7 of the Market Abuse Regulation (EU) 596/2014 as
amended by regulation 11 of the Market Abuse (Amendment) (EU Exit)
Regulations 2019/310. With the publication of this announcement,
this information is now considered to be in the public domain.
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 93 hectares 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.
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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