TIDMBES
Blavod Extreme Spirits plc ("the "Company")
AGM Statement and Result
At the Company's AGM held earlier today, Colin Campbell, Chairman,
gave the following update on trading:
"We are pleased to report that since we released our final results
for the year ended 31 March 2009, sales
growth of spirits, has remained healthy at over 35% during the first
quarter of our current financial year.
Whilst the Company experienced a strong UK market during this period,
the export business, particularly in
duty free, continued to be difficult. Notwithstanding the current
economic challenges, the Board remains optimistic
about the opportunities available to the Company and is particularly
encouraged by the addition of the Bruichladdich
Islay Malt Scotch announced last month which further strengthens our
portfolio."
The Company announces that all the resolutions proposed at today's
AGM were duly passed including the resolution to change the Company's
name to Blavod Wines and Spirits plc.
For further information, please contact:
Blavod Extreme Spirits plc
Richard Ambler (Managing Director) 0207 352 2096
Brewin Dolphin (Nominated Adviser)
Neil Baldwin 0845 213 4730
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