DISTIL PLC

AGM Information • Oct 9, 2024

National Storage Mechanism | Additional information

RNS Number : 5673H

Distil PLC

09 October 2024

9 October 2024

Distil plc

("Distil" or the "Company")

Result of General Meeting; Directors' shareholdings

Distil plc (AIM:DIS), owner of premium drinks brands Blackwoods Gin and Vodka, RedLeg Spiced Rum, TRØVE Botanical Vodka and Blavod Black Vodka, announces that at the General Meeting held earlier today both the resolutions put to the meeting were duly approved by Shareholders on a poll:

Resolution (*indicates special resolution)	Votes for †	% of shares voted	Votes against	% of shares voted	Votes Withheld
Resolution 1:  To allot, inter alia, Second Tranche Placing Shares, Subscription Shares, Fee Shares and Placing Warrants	349,617,322	97.93%	7,393,781	2.07%	80,000
Resolution 2*:  To disapply Statutory Pre-Emption Rights	349,571,775	97.92%	7,439,328	2.08%	80,000

† Proxy appointments which gave discretion to the Chairman have been included in the "for" total.

The Company is pleased to confirm that, as announced on 23 September 2024, following Shareholders' approval for the Resolutions as they relate to the issue of the Subscription Shares and the Second Tranche Placing Shares, together with the First Tranche Placing which completed on 26 September 2024, the Company has raised total gross proceeds of £0.65 million.

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for admission of the 183,333,200 Subscription Shares, the 267,822,094 Second Tranche Placing Shares and the 6,250,000 Fee Shares (making a total of 457,405,294 shares) to trading on AIM. It is expected that admission will become effective and dealings in the Subscription Shares will commence on AIM at 8.00 a.m. on or around 11 October 2024.

The Subscription Shares, the Second Tranche Placing Shares and Fee Shares have been issued fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares.

Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 1,453,030,539 with voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company's issued share capital pursuant to the Company's Articles.

In addition, following Admission there will be 1,095,833,350 Placing Warrants in issue.

Directors' Shareholdings following Admission

On Admission, the revised shareholdings of the following Directors will be :

Name	Position	Holding of Ordinary Shares	% of Enlarged issued share capital
Don Goulding	Executive Chairman	26,666,600	1.84%
Roland Grain*	Non Executive Director	380,285,707	26.17%

* Held via Grain GmbH

Capitalised terms used in this announcement shall, unless defined in this announcement or unless the context provides otherwise, bear the same meaning ascribed to such terms in the Announcement made by the Company at 0700 on 23 September 2024.

Enquiries:

For further information, please contact:

Distil PLC
Don Goulding, Executive Chairman	Tel: +44 203 283 4006
SPARK Advisory Partners Limited (NOMAD)
Neil Baldwin Mark Brady	Tel: +44 203 368 3550
Allenby Capital Ltd (Broker)
James Reeve/Piers Shimwell Jos Pinnington/Guy McDougall	Tel: +44 (0)20 3328 5656

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Don Goulding

2

Reason for notification

a)

Position / status

Executive Chairman

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Distil plc

b)

LEI

213800G6BJQ18CKXWF05

4

Details of the transaction(s): section to be repeated for (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

Identification code

Ordinary shares of £0.001 each in Distil plc

ISIN: GB0030164023

b)

Nature of the transaction

(1)  Acquisition of ordinary shares of £0.001 each in a subscription;

(2)  Acquisition of placing warrants with a right to subscribe for ordinary shares of £0.001 at an exercise price of £0.0036 per share

c)

Price(s) and volumes(s)

Price(s)	Volumes(s)
(1) Shares 0.12p (2) Placing Warrants -	16,666,600 33,333,200

d)

Aggregated information

n/a

e)

Date of the transaction

9 October 2024

f)

Place of the transaction

Outside a Trading Venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Roland Grain  (via Grain GmbH)

2

Reason for notification

a)

Position / status

Non Executive Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Distil plc

b)

LEI

213800G6BJQ18CKXWF05

4

Details of the transaction(s): section to be repeated for (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

Identification code

Ordinary shares of £0.001 each in Distil plc

ISIN: GB0030164023

b)

Nature of the transaction

(1)  Acquisition of ordinary shares of £0.001 each in a subscription;

(2)  Acquisition of placing warrants with a right to subscribe for ordinary shares of £0.001 at an exercise price of £0.0036 per share

c)

Price(s) and volumes(s)

Price(s)	Volumes(s)
(1) Shares 0.12p (2) Placing Warrants -	166,666,600 333,333,200

d)

Aggregated information

n/a

e)

Date of the transaction

9 October 2024

f)

Place of the transaction

Outside a Trading Venue

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