DISTIL PLC

Declaration of Voting Results & Voting Rights Announcements • Dec 12, 2023

National Storage Mechanism | Additional information

RNS Number : 5038W

Distil PLC

12 December 2023

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE UK VERSION OF THE MARKET ABUSE REGULATION (EU) NO.596/2014, WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"), AS AMENDED.

12 December 2023

Distil plc 

("Distil", the "Company" or the "Group") 

Result of General Meeting and Director / PDMR Shareholding

Result of General Meeting

Distil plc (AIM: DIS), Distil plc (AIM:DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, TRØVE Botanical Vodka and Blavod Black Vodka, announces that at the General Meeting held today at 10.00 a.m. all the resolutions proposed were duly passed by the requisite majority:

Resolution (*indicates special resolution)	Votes for	% of shares voted	Votes against	% of shares voted	Total votes
Resolution 1: Authority to allot shares in connection with the Placing, the Subscriptions	343,203,707	97.85	7,526,017	2.15	350,729,724
Resolution 2*: Disapplication of pre-emption rights in connection with the Placing, Subscriptions	343,203,707	97.85	7,526,017	2.15	350,729,724

On 24 November 2023, Distil announced ("the Announcement") that pursuant to a Placing and Subscription it has conditionally raised £0.765 million through the issue of 218,571,428 Ordinary Shares at the Issue Price of 0.35 pence per share. The Placing and Subscription have been subscribed for by both new and existing investors.

218,571,428 new Ordinary Shares have today been allotted (91,428,571 Subscription Shares and 127,142,857 Placing Shares) under the Subscription and Placing respectively. In addition, 2,142,857 Fee Shares have today been allotted.

The Placing Shares, the Subscription Shares and the Fee Shares are expected to be admitted to trading on AIM at 8:00 a.m. on or around 13 December 2023.

Following Admission, the number of Ordinary Shares in issue and the number of voting rights will be 905,113,864. The figure of 905,113,864 Ordinary Shares may be used by Shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Director / PDMR Shareholding

Following Admission, Grain GmbH, a company in which non executive Roland Grain has an interest, will have 213,619,107 shares which amounts to 23.60 % of the issued share capital.

Capitalised terms used but not defined herein shall have the same meanings given to them in the announcement of the Announcement published by the Company on 24 November 2023.

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
Turner Pope Investments (TPI) Ltd (Broker)
Andy Thacker James Pope	Tel: +44 203 657 0050

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

Roland Grain

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

(i)            Subscription for new ordinary shares by Grain GmbH, a company in which Mr Roland Grain has an interest.

c)

Price(s) and volumes(s)

Price(s)	Volumes(s)
0.35p	57,142,857

d)

Aggregated information

n/a

e)

Date of the transaction

12 December 2023

f)

Place of the transaction

Off market

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