Business
Admission to AIM and First Day of Dealings
Admission to AIM and First Day of Dealings.
About this update from Artisanal Spirits Company Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7681A\n Artisanal Spirits Company plc (The)\n 04 June 2021\n \n \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES OF AMERICA (THE \"UNITED STATES\" OR THE \"US\"), AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL (EACH A \"RESTRICTED JURISDICTION\").\n \n \n \n \n \n 4 June 2021\n \n \n The Artisanal Spirits Company plc\n \n \n (\"The Artisanal Spirits Company\" or the \"Company\")\n \n \n Admission to Trading on AIM and First Day of Dealings\n \n \n The Artisanal Spirits Company (AIM: ART), the owner of The Scotch Malt Whisky Society (\"SMWS\"), the leading curator and provider of premium single cask Scotch malt whisky and other spirits for sale primarily online to a discerning global membership, is pleased to announce the admission of its entire issued share capital, being 69,605,774 Ordinary Shares, to trading on the AIM market of the London Stock Exchange (\"Admission\").\n \n \n \n \n \n Dealings in the Ordinary Shares will commence at 8.00 a.m. today, Friday 4 June 2021, under the ticker \"ART\" (ISIN: GB00BNXM3P96).\n \n \n \n \n \n The Company's AIM admission document (the \"Admission Document\") was published on 3 June 2021 and is available to view on its website at: www.artisanal-spirits.com.\n \n \n \n \n \n Admission Highlights\n \n \n · \n Nplus1 Singer Capital Markets Limited acted as Sole Bookrunner and Placing Agent, Nplus1 Singer Advisory LLP has been retained as Nominated Adviser and Broker\n \n \n · \n In conjunction with Admission, the Company has successfully raised gross proceeds of £26 million in total from a combination of institutional and retail investors, including UK members of SMWS, at a price of £1.12 per Ordinary Share \n \n \n · \n The Fundraising raised gross proceeds of £15 million for the Company and £11 million for certain selling shareholders\n \n \n · \n Strong support from SMWS members who invested £2.64 million under the oversubscribed Member's Offer (restricted to UK members only)\n \n \n · \n Personal investment of £1.00 million by the newly appointed chairman, Mark Hunter\n \...