REG - Virgin Wines UK PLC - Block Admission Six Monthly Return

Virgin Wines UKAnnouncement

20/05/2024 16:15

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RNS Number : 1579P  Virgin Wines UK PLC  20 May 2024

 

 

 

 

 

 

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  1,200,000 Ordinary Shares
 scheme
 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                     Via Hudson Sandler

 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

                                         Tel: +44 20 3100 2222

                                         virginwines@hudsonsandler.com (mailto: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/ (https://www.virginwinesplc.co.uk/)

 

 

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