Fever-Tree chairman sells £82.5m shares

26 March, 2018

Fever-Tree co-founder Charles Rolls has sold 2.6% of his shares in the company for £82.5m, leaving an 8.6% stake under his name.

The deputy chairman also banked £73m last year from reducing his stake and this time around he has sold 3m shares at a price of £27.50 each.

This news comes after the premium tonic water brand saw its share price rise more than 1,000% since the end of 2014.

Shares in the group have risen more than 90% over the past 12 months alone.





Digital Edition

Drinks International digital edition is available ahead of the printed magazine. Don’t miss out, make sure you subscribe today to access the digital edition and all archived editions of Drinks International as part of your subscription.

Comment

Ben Branson

Ben Branson: Why non-alcoholic pricing is right

The pricing structure of non-alcoholic spirits has a high level of elasticity - there’s already a broad spectrum of price points which consumers are trying to navigate.

Instagram

Facebook