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Distil plc Secures Shareholder Approval and Funds

Distil plc Secures Shareholder Approval and Funds

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

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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.

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