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.
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Virgin Wines UK plc
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Via Hudson Sandler
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Jay Wright, CEO
Graeme Weir, CFO
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Liberum Capital Limited
(Nominated Adviser and Sole
Broker)
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Tel: +44 20 3100 2222
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Edward Thomas
Dru Danford
John Fishley
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Hudson Sandler
(Public Relations)
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virginwines@hudsonsandler.com
Tel: +44 20 7796 4133
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Alex Brennan
Dan de Belder
Harry Griffiths
Eloise Fleet
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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/