Regulatory Story
Company Blavod Wines & Spirits plc &nsbp;
TIDM BES
Headline Supplier Contract Negotiations
Released 15:30 13-Aug-2010
Number HUG1437980

Supplier Contract Negotiations

Blavod Wines and Spirits plc (the 'Company')
13 August 2010

 

Supplier Contract Negotiations

 

The Company announces that it has received notification from the suppliers of Cockspur Rum that they intend to invoke early release clauses in their supply agreement with Blavod unless alleged breaches in this agreement are rectified within 45 days.

 

The Company believes that it is not in breach of this agreement and is in negotiations to seek a resolution to this situation.

 

Further announcements will be made when appropriate.

 

Contacts:

 

Blavod Wines and Spirits plc
Richard Ambler (Managing Director) 0207 352 2096
 
Brewin Dolphin Corporate Advisory & Broking (Nominated Adviser)
Neil Baldwin 0845 213 4726

 

HUG#1437980



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