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Distil plc Announces Board Changes and Strategic Investments
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Distil plc Announces Board Changes and Strategic Investments

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An announcement from Distil plc ( (GB:DIS) ) is now available.

Distil plc has announced changes to its board of directors, with Roland Grain stepping down as a non-executive director to focus on Ardgowan Distillery, where he holds a majority shareholding. Distil remains a significant investor in Ardgowan and is involved in developing the Blackwoods distillery at the site. The company is strengthening its board by appointing Adebola Adebo and Sarah Kingsbury as new directors, effective 1 January 2025, to support its strategic growth. These changes are expected to benefit Distil’s investment in Ardgowan and provide growth opportunities for its Blackwoods brand.

More about Distil plc

Distil plc is a company in the beverage industry, owning premium drinks brands such as RedLeg Spiced Rum, Blackwoods Gin and Vodka, and Blavod Black Vodka. The company is focused on producing and marketing premium alcoholic beverages.

YTD Price Performance: -79.17%

Average Trading Volume: 6,669,052

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.82M

Find detailed analytics on DIS stock on TipRanks’ Stock Analysis page.

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