REG - Virgin Wines UK PLC - Transfer of Treasury Shares & Total Voting Rights

Virgin Wines UKAnnouncement

16/09/2024 07:00

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RNS Number : 2118E  Virgin Wines UK PLC  16 September 2024

 

 

 

 

 

 

 

 

16 September 2024

 

Virgin Wines UK plc

("Virgin Wines" or the "Group")

Transfer of Treasury Shares and Total Voting Rights

Virgin Wines UK plc (AIM: VINO), one of the UK's largest direct-to-consumer
online wine retailers, announces that it has transferred 7,240 ordinary shares
of the Company from its treasury account to satisfy employee share options
exercised within the terms of the Company's Long Term Incentive Share Scheme.

Following the exercise of share options the Company's issued ordinary share
capital consists of 55,972,405 ordinary shares of which a total of 303,495
ordinary shares are held in treasury. Therefore, the total number of ordinary
shares with voting rights in Virgin Wines is 55,668,910 ordinary shares.

The above figure of 55,668,910 may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in the Company under
the FCA's Disclosure Guidance and Transparency Rules.

 

 Virgin Wines UK plc                   Via Hudson Sandler
 Jay Wright, CEO

 Graeme Weir, CFO

 Liberum Capital Limited               Tel: +44 20 3100 2222

 (Nominated Adviser and Sole Broker)
 Edward Thomas

 Dru Danford

 John Fishley

 Hudson Sandler                        virginwines@hudsonsandler.com (mailto:virginwines@hudsonsandler.com)

 (Public Relations)                    Tel: +44 20 7796 4133
 Alex Brennan

 Dan de Belder

 Harry Griffiths

 Eloise Fleet

 

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 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 2021Virgin Wines is headquartered in Norwich,
with two fully bonded, national distribution centres in Preston and Bolton.
It stocks over 650 wines sourced from more than 40 trusted winemaking partners
and suppliers around the world which it sells to a large active customer base,
the majority of whom are on one of the Group's subscription schemes.

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 that its flagship WineBank service was awarded 'Wine Club of the
Year' at the 2024 IWC Awards, was named Online Drinks Retailer of the Year for
2022 at the 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 named Buyer of
the Year by Decanter magazine.

https://www.virginwinesplc.co.uk/ (https://www.virginwinesplc.co.uk/)

 

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