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DISTIL PLC
Director's Dealing • Sep 7, 2020
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 1462Y
Distil PLC
07 September 2020
Distil plc
("Distil" or the "Group")
Grant of options
The Board of 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, made the following grant of options to its PDMRs ("Options") on 4 September 2020:
| Director | Position | Number of Options granted | Total Options held following the grant |
| Don Goulding | Executive Chairman | 10,000,000 | 18,000,000 |
| Shaun Claydon | Finance Director | 2,500,000 | 5,250,000 |
| Kate O'Connell | Marketing and Operations Director | 5,000,000 | 7,000,000 |
These Options over ordinary shares of 0.1p each have an exercise price of 1.2775 pence per share, being the average closing mid-market price of a Distil share over the 10 business days prior to the date of grant.
A further 10,500,000 Options, also at the exercise price of 1.2775 pence per share have been awarded to employees.
Options vest 3 years following the date of grant.
Following grant of the above options, the total number of ordinary shares outstanding under option and warrant arrangements equates to 35,750,000 ordinary shares, representing 6.06
per cent of the Company's current issued share capital.
PDMR Notifications
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name: | Don Goulding | |
| 2 | Reason for the notification | ||
| a) | Position/Status: | CEO | |
| b) | Initial Notification/Amendment: | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | ||
| a) | Name: | Distil Plc | |
| b) | LEI: | 213800G6BJQ18CKXWF05 | |
| 4. | Details of 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: Identification code: |
Ordinary Shares of 0.1 pence each GB0030164023 |
|
| b) | Nature of the transaction: | Options over Ordinary Shares | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| nil | 10,000,000 | ||
| d) | Aggregated volume: Price: |
n/a | |
| e) | Date of the Transaction: | 4 September 2020 | |
| f) | Place of the Transaction: | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name: | Shaun Claydon | |
| 2 | Reason for the notification | ||
| a) | Position/Status: | CFO | |
| b) | Initial Notification/Amendment: | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | ||
| a) | Name: | Distil Plc | |
| b) | LEI: | 213800G6BJQ18CKXWF05 | |
| 4. | Details of 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: Identification code: |
Ordinary Shares of 0.1 pence each GB0030164023 |
|
| b) | Nature of the transaction: | Options over Ordinary Shares | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| nil | 2,500,000 | ||
| d) | Aggregated volume: Price: |
n/a | |
| e) | Date of the Transaction: | 4 September 2020 | |
| f) | Place of the Transaction: | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name: | Kate O'Connell | |
| 2 | Reason for the notification | ||
| a) | Position/Status: | Marketing and Operations Director | |
| b) | Initial Notification/Amendment: | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | ||
| a) | Name: | Distil Plc | |
| b) | LEI: | 213800G6BJQ18CKXWF05 | |
| 4. | Details of 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: Identification code: |
Ordinary Shares of 0.1 pence each GB0030164023 |
|
| b) | Nature of the transaction: | Options over Ordinary Shares | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| nil | 5,000,000 | ||
| d) | Aggregated volume: Price: |
n/a | |
| e) | Date of the Transaction: | 4 September 2020 | |
| f) | Place of the Transaction: | Outside a trading venue |
For further information:
| Distil PLC | |
| Don Goulding Executive Chairman Shaun Claydon, Finance Director |
Tel: +44 20 7352 2096 |
| SPARK Advisory Partners Limited (NOMAD) | |
| Neil Baldwin Mark Brady |
Tel +44 20 3368 3550 |
| Turner Pope Investments (TPI) Ltd (Broker) | |
| Andy Thacker Zoe Alexander |
Tel +44 20 3657 0050 |
About Distil
Distil Plc is quoted on the AIM market of the London Stock Exchange. It owns drinks brands in a number of sectors of the alcoholic drinks market. These include premium spiced rum, vodka, gin, vodka vanilla cream liqueur and are called RedLeg Spiced Rum. Blackwoods Vintage Gin, Blackwoods Vodka, Blavod Black Vodka, Diva Vodka and Jago's Vanilla Cream Liqueur.
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