REG - British Honey Co. - Board Changes
23.09.21.
The British Honey Company plc
Board Changes
The British Honey Company plc ("British Honey", "BHC", "the Company" or "the Group"), the producer of premium British Honey, Honey-infused spirits and no/low products, announces the following Board changes, all with immediate effect.
Mr Michael Williams has stepped down as Interim Chairman and Chief Executive Officer with but will remain on the Board as a Non-Executive Director pending the appointment of his replacement as Chairman. A professional search firm has been appointed to seek a suitable successor.
Mr Philip Seers has also resigned as Senior Non-Executive Director but will continue to provide advisory services to the Company as required by the Board. Mr Robert Porter-Smith has re-joined the Board as a Non-Executive Director.
Mr Alex Maurice, currently the Company's Chief of Staff, has been appointed Chief Operating Officer. It is the intention to appoint Alex Maurice to the board pending completion of the standard regulatory checks and a further announcement will be made in due course. Mr Maurice, who has been with the company since 2016 has been instrumental in the development of the Company's market leading proprietary software.
Enquiries:
British Honey Company plc
Michael Williams, Chairman and CEO
Brooke Wiseman, Marketing Director
Tel: +44 (0)7976 559243
Email: brooke@britishhoney.com
finnCap - AQSE Corporate Adviser & Joint Broker
Carl Holmes / George Dollemore (corporate finance)
Richard Chambers (ECM)
Tel: +44 (0)20 7220 0500
Stanford Capital Partners - Joint Broker
Patrick Claridge / John Howes / Bob Pountney
Tel: +44 (0)20 3815 8880
Walbrook PR Limited - Financial PR
Paul Vann / Nicholas Johnson
Tel: +44 (0)20 7933 8780
+44 (0)7768 807631
paul.vann@walbrookpr.com
About British Honey Company
Launched in 2014, BHC has an extensive collection of award-winning spirits brands crafted at its onsite distillery in Buckinghamshire. Its impressive range began with Keepr's British Honey Spirits infused with 100% pure honey from its own fully traceable apiaries and includes gin, rum, bourbon, vodka and a ready to drink selection of hard seltzers and a low alcohol gin and tonic.
In 2020 it expanded further after acquiring the brands of the London Distillery Company (Dodd's Organic Gin, Rye and Single Malt Whiskeys), securing an exciting partnership agreement with English Heritage to produce its gins and launching an affordable luxury spirits range, 1606. In the same year, BHC also developed its first alcohol sanitiser product in the UK in response to the Covid-19 outbreak.
In February 2021, BHC completed the acquisition of Union Distillers Limited, based in Market Harborough, Leicestershire, Union Distillers was founded in 2012 by Mark Gamble and his partner. Over the past eight years it has grown to become an independent producer and distributor of proprietary and "own-label" spirits. It has well-invested infrastructure which includes its own stills, bonded warehouse and it is proposing to install a canning line. Union has a strong manufacturing capability, established brands and an extensive and growing retail and wholesale customer base. Products include its premium, proprietary "Two Birds" range of spirits comprising 11 gins, seven vodkas, a spiced rum, an absinthe and a 29% ABV espresso vodka liqueur. In addition, Union distils spirits on behalf of a range of B2B customers including some major German supermarkets with a UK presence. Like BHC, Union is also SALSA accredited.
Future development plans will see BHC open a second distillery on Oxfordshire's Tusmore Estate, expected late 2021, where it will produce a Tusmore Single Estate Triple Distilled Premium English Whiskey to add to its Single Malt Tusmore Whiskey, of which investment casks are currently available to purchase.
Further information on Robert Porter-Smith, age 65
Mr Porter-Smith has a beneficial interest in 910,455 ordinary shares in Company, representing 5.53% of the Company's issued share capital
Save as set out below, there is no further information regarding Robert Porter-Smith that is required to be disclosed pursuant to Appendix 1, Table A, paragraph 5.1.2 of the AQSE Exchange Growth Market - Rules for Issuers.
Current Directorships
Previous Directorships in the last five years
The British Honey Company Limited
Union Distillers Limited
Clifden Arms Property Limited
Clifden Arms Trading Limited
Clifden Arms Holdings Co. Limited
Brandco Holdings Limited
D2F Fitness Limited
D2F Services Limited
D2F Holdings Limited
White Clouds Oxford Limited
VRL Events Limited
DXF Limited
Venue Retail Limited
VRL Teams Limited
VRL Holdings Limited
Weclick Media Limited
The Portman Consultancy (Marketing) Limited
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