Virgin Wines UK PLC Change of Auditor
02 Maio 2024 - 10:27AM
RNS Regulatory News
RNS Number : 0569N
Virgin Wines UK PLC
02 May 2024
2 May 2024
Virgin Wines UK
plc
("Virgin Wines", the
"Company" or the "Group)
Change of
Auditor
Virgin Wines UK plc (AIM: VINO), one
of the UK's largest direct-to-consumer online wine retailers,
announces that following a competitive and comprehensive tender
process, the Group has appointed Azets Audit Services Limited
("Azets") as its auditor for the financial year ending 30 June
2024.
Azets is a Top 10 accountancy firm
with a strong regional network across the UK. The Group was
impressed throughout the process with the Azets team's sector
experience, specific audit approach, and references. The Group
intends to confirm the appointment in a vote of shareholders at the
Group's 2024 Annual General Meeting later this year.
The appointment of Azets follows the
resignation of PricewaterhouseCoopers LLP ("PwC") with effect from
25 April 2024. As required by Section 519 of the Companies Act
2006, PwC has confirmed to the Group that there are no
circumstances connected with the resignation which it considers
should be brought to the attention of the members or creditors of
the Company.
The Board wishes to take this
opportunity to thank PwC for its services to the Group in recent
years.
Enquiries:
Virgin Wines UK plc
Jay Wright, CEO
Graeme Weir, CFO
|
Via Hudson Sandler
|
Liberum Capital Limited
(Nominated Adviser and Sole
Broker)
Edward Thomas
Dru Danford
John Fishley
|
Tel: +44 20 3100 2222
|
Hudson Sandler
(Public
Relations)
Alex Brennan
Dan de Belder
Charlotte Cobb
Harry Griffiths
|
virginwines@hudsonsandler.com
Tel: +44 20 7796 4133
|
Notes to
editors:
Virgin Wines is one of the UK's largest
direct-to-consumer online wine retailers. It is an award-winning
business which has a reputation for supplying and curating high
quality products, excellent levels of customer service and
innovative ways of retailing.
The Company, which is headquartered in Norwich,
UK, was established in 2000 by the Virgin Group and was
subsequently acquired by Direct Wines in 2005 before being bought
out by the Virgin Wines management team, led by CEO Jay Wright and
CFO Graeme Weir, in 2013. It listed on the London Stock Exchange's
Alternative Investment Market (AIM) in 2021.
Virgin Wines has more than 600 wines and 100
spirits in its portfolio, which it sells to an active customer base
including over 150,000 members of its subscription schemes. It has
approximately 200 employees and a global network of trusted
winemaking partners and suppliers around the world.
The Company drives the majority of revenue
though its fast-growing WineBank subscription scheme, using a
variety of marketing channels, as well as through its Wine Advisor
team, Wine Plan channel and Pay As You Go service.
Along with its extensive range of award-winning
products, Virgin Wines was delighted to be named Online Drinks
Retailer of the Year for 2022 at last year's Drinks Retailing
Awards, as well as receiving the bronze award for Contact Centre of
the Year at the 2022 UK National Contact Centre Awards.
https://www.virginwinesplc.co.uk/
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