Distil plc Secures Shareholder Approval and Funds
Company Announcements

Distil plc Secures Shareholder Approval and Funds

Distil plc (GB:DIS) has released an update.

Distil plc, the owner of several premium drinks brands, has successfully passed resolutions at a General Meeting, resulting in the approval of share allotment and the disapplication of pre-emption rights. The company has raised a total of £0.65 million through share issuances, which will trade on the AIM market starting around 11 October 2024. Following the admission, Distil plc will have an increased share capital and revised director shareholdings, with significant stakes held by Executive Chairman Don Goulding and Non-Executive Director Roland Grain.

For further insights into GB:DIS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskDistil plc Advances with Ardgowan Distillery Milestone
TipRanks UK Auto-Generated NewsdeskDistil PLC Sees Shift in Shareholder Voting Rights
TipRanks UK Auto-Generated NewsdeskDistil plc’s Revenue Falls Amid Economic Challenges
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App