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 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.