Close Menu
News

Orkney Distillery offers shares

Scottish producer The Orkney Distillery has created the Latitude 59 club, which offers shares in the business and exclusive access to casks and bottlings.

The Orkney Distillery's Tony Reeman-Clark (left) and Stephen Kemp
Distiller Tony Reeman-Clark (left) and managing director Stephen Kemp

Based in Kirkwall on Orkney, the distillery began production in March last year, with several 50-litre barrels produced a week from its pilot stills.

Full-scale production from new larger stills will begin in March, with the first casks reserved for Latitude 59 club members.

The club is named after the island’s northerly coordinates and will be limited to 59 members. Each member will receive a share in the distillery and a 100-litre cask of single malt, which is set to mature in 2030.

Other benefits include access to rare bottlings, yearly cask tastings, special events, tours, Orcadian products, and an annual two-night stay in Orkney with a distillery dinner.

Membership costs £20,000 (US$24,493).

Stephen Kemp, managing director of The Orkney Distillery, said: “We’re incredibly proud to be at the vanguard of this exciting new era of whisky production in Orkney and wanted to create something a bit special for the real whisky connoisseurs, and lovers of our islands, who are keenly anticipating the maturation of our single malt.

“The Latitude 59 club is unique for Orkney in terms of the opportunity and experience it offers. As shareholders in The Orkney Distillery, club members will be part of the first whisky distillery to be created in Orkney for almost 140 years and will receive a bottle, from our casks maturing in 2027, of the first new single malt to emerge from the islands in that time.

“Most significantly, they’ll have their own fully paid 100-litre cask of single malt whisky, to be made in the spring of this year, maturing in 2030, which should produce more than 120 700ml bottles at cask strength.

“The membership fee will include all storage, personalised bottling and any incidental costs, together with all taxes and charges, so it’s a rare opportunity to own a piece of history.”

Related news

The Heart Cut bottles its first Scotch with Nc'nean

World Spirits Report 2024: Scotch whisky

Is cask finishing still innovative in Scotch?

It looks like you're in Asia, would you like to be redirected to the Drinks Business Asia edition?

Yes, take me to the Asia edition No