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Scotch Malt Whisky Society owners set to list on AIM on Friday
Scotch Malt Whisky Society s new members rooms, Bath Street, Glasgow.
Photo/Peter Sandground
The Artisanal Spirits Company will list on London’s alternative market tomorrow, with CEO David Ridley telling City A.M. he is “excited” to finally see years of work come to fruition.
The owners of the Scotch Malt Whisky Society (SMWS) are expecting a market capitalisation of around £78m.
The society offers curated single malt whiskies for more than 28,000 global subscribers as well as operating an online shop and four venues across the UK.
Ridley said the float was “a great opportunity” for the business and that it was “almost recognition of what we’ve done in the last six years with the business to create that inflection point for the IPO.