19 February 2024
Virgin Wines UK
plc
("Virgin Wines" or the
"Group")
Director/PDMR
dealing
Notification and public
disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with
them
Virgin Wines UK plc (AIM: VINO), one
of the UK's largest direct-to-consumer online wine retailers,
announces that it has been notified of the following transactions
in ordinary shares in the Company undertaken by persons discharging
managerial responsibility ("PDMRs") pursuant to their participation
in the Company's Long Term Incentive Plan ("LTIP").
The notifications below are made in
accordance with Article 19(3) of the Market Abuse
Regulation:
|
1.
|
Details of PDMR / person closely associated with them
("PCA")
|
|
a)
|
Name
|
Amanda Cherry
|
|
2.
|
Reason for the notification
|
|
b)
|
Position / status
|
Head of Group Finance
|
|
c)
|
Initial notification /
amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Virgin Wines UK plc
|
|
b)
|
LEI
|
2138002RL2S1UV7CK716
|
|
4.
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument
Identification Code
|
Ordinary Shares of 1p each
GB00BN33TR63
|
|
b)
|
Nature of the transaction
|
Exercise of 31,100 options under the
Virgin Wines Long Term Incentive Plan.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£0.01
|
31,100
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
15
February 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM Market (XLON)
|
|
1.
|
Details of PDMR / person closely associated with them
("PCA")
|
|
a)
|
Name
|
Ian Long
|
|
2.
|
Reason for the notification
|
|
b)
|
Position / status
|
Operations Director
|
|
c)
|
Initial notification /
amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Virgin Wines UK plc
|
|
b)
|
LEI
|
2138002RL2S1UV7CK716
|
|
4.
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument
Identification Code
|
Ordinary Shares of 1p each
GB00BN33TR63
|
|
b)
|
Nature of the transaction
|
Exercise of 14,226 options under the
Virgin Wines Long Term Incentive Plan.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£0.01
|
14,226
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
15
February 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM Market (XLON)
|
- Ends
-
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 more than 700 wines
and 150 spirits in its portfolio which it sells to an active
customer base of 176,000 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.
https://www.virginwinesplc.co.uk/