TMT Investments Invests In Wine-By-The-Glass Club Vinebox

Wed, 18th May 2016 09:55

LONDON (Alliance News) - London-listed TMT Investments PLC on Wednesday said it completed an investment in Vinebox Inc, a 'wine-by-the-glass' club incorporated in Delaware and based in San Francisco.

Members of Vinebox receive three hand-selected wines each month, by the glass, with the opportunity to purchase full-size bottles of their favourites.

No details of the investment were provided.

Vinebox was founded in 2015 by two former corporate attorneys, Matt Dukes and Rachel Vodofsky.

Shares in TMT were untraded on Wednesday, having last traded at USD1.96 in London Tuesday.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Related Shares

More News

19 Mar 2024 19:47

EARNINGS AND TRADING: Ten Lifestyle sees profit up but sales flat

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reporte...

15 Aug 2023 09:58

TMT Investments net asset value falls as loss on investments continues

(Alliance News) - TMT Investments PLC on Tuesday reported a lower net asset value as it reported a loss on investments.

16 May 2023 15:53

UK shareholder meetings calendar - next 7 days

13 Mar 2023 18:44

UPDATE: London listings commenting on exposure to Silicon Valley Bank

(Alliance News) - The following is a round-up of updates on exposure to Silicon Valley Bank by London-listed companies, issued on Monday and not separ...

19 Aug 2022 13:27

Director dealings: TMT board members buy shares at serious discount

(Sharecast News) - Technology-focussed venture capital firm TMT Investments disclosed a number of share purchases made by board members on Friday.