LONDON, UK -- (MARKET WIRE) -- January 11, 2007 --
Blavod Extreme Spirits plc
("the Company" or "Blavod")
11 January 2006
Holiday Trading
Blavod Extreme Spirits plc (BES.L) today reports on trading during the
Christmas period, 1 October to 31 December 2006.
United Kingdom shipments increased by over 62% in the three month period
and international shipments increased over 33%, particularly in German
and Russian duty free. US shipments for the Company also increased in the
period, led by the Company's tequila brand El Diamante del Cielo which
was up 62%.
Jeff Hopmayer, Blavod's CEO said, "We are very pleased with the continued
year-on-year growth in shipments during the holiday selling season. We
look forward to updating shareholders further at the time of our full
year results."
As previously announced on 28 November 2006, the Company has received and
signed a 'Letter of Intent' from an unnamed (NASDAQ) OTC:BB listed
company that may or may not lead to an offer being made for the Company.
The approach, which is subject to a number of pre-conditions, is an all
share offer of shares in the (NASDAQ) OTC:BB listed company. At close of
business on 24 November 2006, the indicative offer valued Blavod at
approx £12.83 million or 17.97p per share. If a share offer is made for
the company by that (NASDAQ) OTC:BB listed company it will have a value
of a minimum of 17.97p per share. The announcement was made with the
agreement of the potential offeror. A further announcement will be made
when appropriate.
Enquiries:
Blavod Jeff Hopmayer 001 615 771 9111
Brewin Dolphin Mark Brady 011 3241 0129
Keith Williams 011 3241 0186
Notes to Editors:
Blavod Extreme Spirits, plc (LSE:BES), is an international spirits
company based in London with U.S. offices in Franklin, Tennessee. Formed
by the 2003 merger of Blavod Black Vodka plc and Extreme Beverage
Company, Blavod Extreme Spirits produces and sells its black-coloured
vodka, aptly called Blavod, throughout the world. BES also produces and
sells the award-winning, intensely flavoured line of Players Extreme
vodkas and rums. In the United States, BES is the exclusive distributor
of an elite wine portfolio of fine Italian wines. For more information
on the company, please visit
www.blavodextreme.com.
This information is provided by RNS
The company news service from the London Stock Exchange