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Artisanal Spirits Company Expands Share Capital with New Issuance

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Artisanal Spirits Company PLC ( (GB:ART) ) just unveiled an update.

Artisanal Spirits Company PLC announced that its Whisky Director, Kai Ivalo, exercised 213,000 options over ordinary shares, increasing his beneficial interest to 344,252 shares, representing 0.49% of the company’s issued share capital. Following this transaction, the company issued and allotted 213,000 new ordinary shares, which will be admitted to trading on AIM on April 4, 2025, bringing the total voting rights to 70,772,774. This move reflects the company’s ongoing strategic efforts to strengthen its market position and shareholder value.

More about Artisanal Spirits Company PLC

Artisanal Spirits Company PLC (ASC) is a premium global business based in Edinburgh, specializing in creating and selling limited-edition whiskies and experiences. The company owns The Scotch Malt Whisky Society, Single Cask Nation, and J.G. Thomson, with a stock of over 18,000 casks from 150 distilleries across 20 countries. ASC operates a direct-to-consumer model, primarily through e-commerce, and has a significant presence in 30 countries, focusing on small-batch and limited-edition spirits.

YTD Price Performance: -10.81%

Average Trading Volume: 26,107

Technical Sentiment Signal: Buy

Current Market Cap: £23.28M

See more data about ART stock on TipRanks’ Stock Analysis page.

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