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For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

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We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

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However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

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We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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Distil PLC (DIS)

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Monday 15 September, 2014

Distil PLC

Trading Update

RNS Number : 6104R
Distil PLC
15 September 2014


15 September 2014


Distil Plc



Trading Update



Distil (AIM: DIS), owner of premium drinks brands Blavod Black Vodka, Blackwoods Gin and Vodka, RedLeg Spiced Rum, Jago's Cream Liqueur and Diva provides the following trading update:


At the annual general meeting in July this year, we announced that we had agreed terms with two US distributors for Blavod Vodka, Blackwoods Gin and Blackwoods Vodka, subject to approval from the US Alcohol and Tobacco Tax and Trade Bureau (TTB). At that time, we expected this approval to be granted by August 2014 having submitted our requests in December and March. Regrettably, we have no control over the speed of this application process and to date have not received approval, nor a clear indication of when it may be forthcoming. We do not foresee any refusal however we were planning to have these permissions in time to have shipments in market and distribution established prior to the peak trading period. As a result of the delay, it is now clear that the Company will not meet its projected levels of sales for this year, and consequently we have been unable to achieve the monthly break-even position anticipated by now. We therefore anticipate that, notwithstanding we are only nearly half way through the financial year, the full year results will be significantly below current market expectations.


We will report further once the expected approvals are granted.


We are pleased to report however, that RedLeg natural flavouring has now been approved by the US Food and Drug Administration (FDA) and that the necessary approvals for it to be sold in the US are now being sought from the TTB.


Outside of the US, where the majority of our trading takes place, sales volumes have continued to grow, Blackwoods Gin by 22% year to year and RedLeg Rum by 48%, and Blackwoods Vodka newly launched.

Jago's, our premium vodka based Vanilla Cream Liqueur, has been redesigned and is being re-launched. The new pack and improved liquid have been well received. As we build its distribution base we are marketing directly to our target market through sampling and consumer events.

Plans for the launch of Diva, our super premium wheat based vodka which contains a wand of Swarovski elements are well advanced and we expect sales will start in the next quarter.

We remain entirely focused on building our brands and broadening our distribution base which is critical in this market and have recently appointed distributors for RedLeg in Russia and Canada and for Blackwoods in Portugal Germany, France and Italy as per our planned expansion. 


The interims results for the half year to 30 September are scheduled for release in early November.



For further Information:


Distil PLC

Don Goulding Executive Chairman

Tel: +44 207 352 2096

SPARK Advisory Partners Limited (NOMAD)

Neil Baldwin 

Mark Brady

Tel +44 113 366 2266 /2268

SI Capital (Broker)

Andy Thacker

Nick Emerson

Tel +44 1483 413500

Cadogan PR

Alex Walters

Tel: +44 207 4995002



About Distil


Distil Plc (formerly Blavod Wines & Spirits) is quoted on the AIM market of the London Stock Exchange. It owns drinks brands in a number of sectors of the alcoholic drinks market. These include premium Vodka, premium Gin, Vodka Vanilla Cream Liqueur and Spiced Rum and are called Blavod Original Black Vodka, Blackwoods Vintage Gin, Blackwoods Vodka, Diva Vodka, Jago's Cream liqueur and RedLeg Spiced Rum.





This information is provided by RNS
The company news service from the London Stock Exchange

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