20 May 2024
Virgin Wines UK
plc
("Virgin Wines", the
"Company" or the "Group")
Block Admission Six Monthly
Return
Virgin Wines makes the following
notification pursuant to AIM Rule 29 and Schedule 6 of the AIM
Rules for Companies regarding its existing block admission
announced on 16 November, effective 17 November 2023.
The Company has allotted
134,845 shares under the
2023 Block Admission.
Name of Company
|
Virgin Wines UK plc
|
Name of Scheme
|
Virgin Wines Long Term Incentive
Plan
|
Period of Return (from /
to)
|
17 November 2023 to 16
May 2024
|
Number and class of securities not
issued at the start of the period under the scheme
|
1,200,000 Ordinary Shares
|
Number of securities issued under
the scheme during the period
|
134,845
|
Balance under the scheme of
securities not yet issued at the end of the period
|
1,065,155 Ordinary Shares
|
Number and class of securities
originally admitted and the date of admission
|
1,200,000 Ordinary Shares on 17
November 2023
|
Name of contact and telephone
number
|
Graeme Weir, CFO
Tel: +44
(0) 1772 707 716
|
Enquiries:
Virgin Wines UK plc
Jay Wright, CEO
Graeme Weir, CFO
Liberum Capital Limited
(Nominated Adviser and Sole
Broker)
Edward Thomas
Dru Danford
John
Fishley
Hudson Sandler
(Public
Relations)
Alex Brennan
Dan de Belder
Charlotte Cobb
Harry Griffiths
|
Via Hudson Sandler
|
Tel: +44 20 3100 2222
virginwines@hudsonsandler.com
Tel: +44 20 7796 4133
|
Notes to editors:
About Virgin Wines
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 almost 700 wines
and c. 150 spirits in its portfolio which it sells to an active
customer base of more than 170,000 members. It has approximately
200 employees and more than 40 trusted winemaking partners and
suppliers around the world.
The Company drives the majority of
its 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.
In addition, in 2023 the Group's Head of Buying, Sophie Lord, was
also named Buyer of the Year by Decanter magazine.
https://www.virginwinesplc.co.uk/