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Pin to quick picksNaked Wine Regulatory News (WINE)

Share Price Information for Naked Wine (WINE)

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Share Price: 51.50
Bid: 49.45
Ask: 51.40
Change: -0.50 (-0.96%)
Spread: 1.95 (3.943%)
Open: 50.70
High: 51.50
Low: 49.40
Prev. Close: 52.00
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Board Change

18 Jan 2024 07:01

RNS Number : 0660A
Naked Wines PLC
18 January 2024
 

18 January 2024

 

Naked Wines plc

 

("Naked Wines" or "Group")

 

Board Change

 

As stated in the separate trading update issued earlier today, Naked Wines announces that Melanie Allen is stepping down from the Board and her role as Non-Executive Director with immediate effect. We would like to thank Melanie for her valuable contributions and insight over the past two years, in particular around our marketing strategy and US operations.

 

 

For further information, please contact:

 

Naked Wines plc

Rowan Gormley, Executive Chairman

James Crawford, Chief Financial Officer

Clara Melia / Catherine Miles

 

IR@nakedwines.com

Investec (NOMAD & Joint Broker)

David Flin / Ben Farrow

 

Tel: 0207 597 5970

Jefferies (Joint Broker)

Ed Matthews / Gill O'Driscoll

 

Tel: 0207 029 8000

Instinctif (Financial PR)

Guy Scarborough / Damian Reece

 

Tel: 07917 178 920 / 07931 598 593

 

About Naked Wines plc

 

Naked Wines connects everyday wine drinkers with the world's best independent winemakers.

 

Why? Because we think it's a better deal for everyone. Talented winemakers get the support, funding and freedom they need to make the best wine they've ever made. The wine drinkers who support them get much better wine at much better prices than traditional retail.

 

It's a unique business model. Naked Wines customers (who we call Angels) commit to a fixed prepayment each month which goes towards their next purchase. In turn. Naked funds the production costs for winemakers, generating savings that are passed back to its customers. It creates a virtuous circle that benefits both wine drinker and winemaker.

 

Our mission is to change the way the whole wine industry works for the better. In the last financial year we served more than 792,000 Angels in the US, UK and Australia, making us a leading player in the fast-growing direct-to-consumer wine market.

 

Our customers have direct access to 293 of the world's best independent winemakers making over 2,000 quality wines in 22 different countries. We collaborate with some of the world's best independent winemakers like Matt Parish (Beringer, Stags' Leap) and eight-time Winemaker of the Year Daryl Groom (Penfolds Grange).

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