Business
Blocklisting Application
Blocklisting Application.
About this update from Naked Wines Plc
[{"type":"text","content":"\n \n \n For Immediate Release\n \n \n 10 May 2022\n \n \n \n Naked Wines plc\n \n \n \n \n (the \"Company\")\n \n \n \n \n \n \n \n \n \n Blocklisting Application\n \n \n \n Naked Wines plc, today announces that\n \n an application has been made to the London Stock Exchange for a block listing of 500,000 ordinary shares of 7.5 pence each in the Company (\"New Ordinary Shares\") to be admitted to trading on AIM.\n \n \n These New Ordinary Shares will be issued from time to time in order to satisfy the requirement to allot shares under\n \n the\n Naked Wines plc All Employee Share Incentive Plan (\"SIP\") and the Naked Wines plc Long Term Incentive Share Plan (\"LTIP\")\n . It is expected that admission will become effective on 16 May 2022.\n The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.\n \n \n \n For further information, please contact:\n \n \n \n \n \n \n \n \n Naked Wines plc\n \n \n \n Nick Devlin, Chief Executive Officer\n \n \n Shawn Tabak, Chief Financial Officer\n \n \n \n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n Investec\n(NOMAD & Joint Corporate Broker)\n \n \n \n David Flin / Carlton Nelson / Ben Farrow\n \n \n \n \n \n \n \n \n \n \n Tel: 0207 597 5970\n \n \n \n \n \n \n \n \n Jefferies International Limited\n(Joint Corporate Broker)\n \n \n \n Ed Matthews / David Genis / Harry Clements\n \n \n \n \n \n Tel: 0207 029 8000\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n About Naked Wines plc\n \n \n Naked Wines connects everyday wine drinkers with the world's best independent winemakers.\n \n \n Why? Because we think it's a better deal for everyone. Talented winemakers get the support, funding and freedom they need to make the best wine they've ever made. The wine drinkers who support them get much better wine at much better prices than traditional retail.\n \n \n It's a unique business model. Naked Wines customers commit to a fixed prepayment each month which goes towards their next purchase. Naked in turn funds the production costs for winemakers, generating savings that are passed back to its customers. It creates a virtuous circle that benefits both wine drinker and winemaker.\n \n \n Our mission is to change the way the whole wine industry works for the better. In the last year,...