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Market Cap: £17.37m
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1 Mar 2024 07:00

RNS Number : 0675F
Virgin Wines UK PLC
01 March 2024
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Date: 1 March 2024

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Virgin Wines UK plc

("Virgin Wines" or the "Group")

Total Voting Rights

For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules ("DTRs"), Virgin Wines (AIM: VINO), one of the UK's largest direct-to-consumer online wine retailers, notifies the market of the following.

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As at 29 February 2024, the Company's issued and fully paid share capital consisted of 55,972,405 ordinary shares of Β£0.01 each ("Ordinary Shares"), all of which carry one voting right per share. The Company does not hold any Ordinary Shares in Treasury.

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The figure of 55,972,405 Ordinary Shares may be used by shareholders as the denominator for the calculation 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 DTRs.

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For further information:

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Virgin Wines UK plc

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Via Hudson Sandler

Jay Wright, CEO

Graeme Weir, CFO

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Liberum Capital Limited

(Nominated Adviser and Sole Broker)

Tel: +44 20 3100 2222

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

Alex Brennan

Dan de Belder

Charlotte Cobb

Harry Griffiths

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Notes to editors:Β 

AboutΒ Virgin Wines

Virgin WinesΒ is one of theΒ UK'sΒ 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 inΒ Norwich, UK, was established in 2000 by theΒ Virgin GroupΒ and was subsequently acquired by Direct Wines in 2005 before being bought out by theΒ Virgin WinesΒ management team, led by CEOΒ Jay WrightΒ and CFOΒ Graeme Weir, in 2013. It listed on theΒ London Stock Exchange'sΒ Alternative Investment Market (AIM) in 2021.

Virgin WinesΒ 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,Β Virgin WinesΒ 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,Β Sophie Lord, was also named Buyer of the Year byΒ Decanter magazine.Β 

https://www.virginwinesplc.co.uk/

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