The Artisanal Spirits Company plc, owner of The Scotch Malt Whisky Society (SMWS), has filed “Schedule One” documents at the London Stock Exchange for a prospective admission to the junior AIM market.
“The issue price per ordinary share is expected to be between 112 pence and 121 pence …” said the documents.
“There are no restrictions as to the transfer of the ordinary shares.
“No ordinary shares will be held in treasury on admission.”
The amount to be raised and the group’s stock market value on admission have yet to be confirmed.
The Edinburgh company expects to float on June 4.
The documents added: “SMWS is the leading curator and provider of premium single cask Scotch malt whisky and other spirits for sale primarily online to a discerning global membership.
“SMWS has a presence in over 30 international markets.
“The single cask, single malt Scotch whiskies sold by SMWS fall exclusively within the IWSR ultra-premium or higher retail sales price bands, and are available exclusively to members of The Scotch Malt Whisky Society with each release being limited in supply to the volume extracted from the source cask.
“Members benefit from exclusive access to whiskies carefully curated by an expert tasting panel.
“SMWS releases regular batches of new whiskies throughout the year and hosts events for both members and non-members.
“SMWS also offers a range of other spirits such as single cask Bourbon, Indian and Japanese whisky, as well as single cask Armagnac, Cognac, gin and rum.
“The Artisanal Spirits Company plc is incorporated in Scotland and its headquarters are in Edinburgh.
“Its operations are predominantly based in the UK with the Group also generating revenues across a number of international markets, including China, the USA, Germany, France, Sweden, Japan, Australia and Taiwan.”