Distil plc
("Distil" or the "Company")
Issue of Shares & Total Voting Rights
Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva vodka, announces that it has issued 1,149,425 new ordinary shares of 0.1 pence each ("Ordinary Shares") to Turner Pope Investments (TPI) Limited ("TPI"), Broker to the Company, in respect of fees due to TPI for the 12 month period to 28 February 2019 ("Fee Shares").
Application has been made to the London Stock Exchange for the Fee Shares to be admitted to trading on AIM at 8:00 a.m. on 12 March 2018 ("Admission"). The Fee Shares shall rank pari passu with the existing ordinary shares in the Company. TPI has agreed not to sell the Fee Shares for 6 months from Admission.
Following Admission, the Company's enlarged issued share capital will comprise 501,982,913 Ordinary Shares with one voting right per share. There are no shares held in treasury. The total number of voting rights in the Company is therefore 501,982,913.
This figure of 501,982,913 Ordinary Shares 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.
For further Information:
Distil PLC |
|
Don Goulding Executive Chairman Shaun Claydon, Finance Director |
Tel: +44 207 352 2096 |
SPARK Advisory Partners Limited (NOMAD) |
|
Neil Baldwin Mark Brady |
Tel +44 20 3368 3550 |
Turner Pope Investments (TPI) Ltd (Broker) |
|
Andy Thacker |
Tel +44 20 3621 4120 |
