Dorset County Distilling Co. Limited is making an offer of shares in a single company that will fund the conversion of farm buildings to a distillery and the commencement of production of various spirits. The open offer is initially for 25,000 shares in the company, at £110 each, looking to raise £2.75m in total. Together, the investment and a pre-money valuation of £5.5m lead to a post-money valuation of £8.25m. The company intends to raise a further £1.75m in the two years following the closing of the issue on 30 June 2018.
Lead analyst: Jason Streets