BHC.AQSE

British Honey Company PLC (The)
British Honey Co. - Notice to Appoint Administrators extended
4th April 2023, 06:00
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RNS Number : 2910V
British Honey Company PLC (The)
04 April 2023
 

4th April 2023

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The British Honey Company plc

("BHC" or the "Company")

 

Notice of Intention to Appoint Administrators extended by 10 days

 

On 21st March 2023, the Board of BHC announced that it was filing a Notice of Intention to Appoint Administrators (the "Notice"), with a view to appointing Partners of FRP Advisory Trading Limited as administrators of BHC.

 

However, in order to further assess a number of offers received from third parties and, additionally, to enable the Company to fulfil various customer orders, the Notice has been extended by 10 business days to 17th April 2023.

 

A further announcement will be made in due course.

 

 

Enquiries:

 

The British Honey Company plc

Richard Day / Mark Jones

 

finnCap -

AQSE Corporate Adviser & Joint Broker

Carl Holmes / George Dollemore (corporate finance)

 

 

 

 

via Walbrook PR Limited

(see below)

 

Tel: +44 (0)20 7220 0500

Stanford Capital Partners -

Joint Broker

Patrick Claridge / John Howes / Bob Pountney

 

Walbrook PR Limited

Financial PR

Paul Vann / Nick Rome /Joe Walker

Tel: +44 (0)20 3650 3650

 

 

 

 

 Tel: +44 (0)20 7933 8780

        +44 (0)7768 807631

britishhoney@walbrookpr.com

 

 

 

 

 

 

About The British Honey Company plc/Union Distillers

 

Launched in 2014, BHC/Union has an extensive collection of award-winning spirits brands. Its impressive range began with Keepr's British Honey Spirits infused with 100% pure British honey and now includes gin, rum, bourbon, and vodka. In 2020 it expanded further after acquiring the brands of the London Distillery Company (Dodd's Organic Gin, London Distillery Rye and Single Malt Whisky.

 

In February 2021, BHC completed the acquisition of Union Distillers Limited, based in Market Harborough, Leicestershire. Over the years Union has grown to become an independent producer and distributor of its 'own label' brands and "white label" spirits. It has well-invested infrastructure which includes its own stills and a bonded warehouse. 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 and a 29% ABV espresso vodka liqueur.

 

In addition, Union distils spirits on behalf of a range of B2C customers including some major supermarkets. Union was awarded BRC Global Standard for Food safety in April 2022.

 

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