29 January 2025
Virgin Wines UK
plc
("Virgin Wines", the
"Company" or the "Group")
Appointment Nominated Adviser
and Sole Broker
Virgin Wines UK plc (AIM: VINO), one
of the UK's largest direct-to-consumer online wine retailers, is
pleased to announce that it has appointed Cavendish Capital Markets Limited as the Company's Nominated
Adviser and Sole Broker with immediate effect.
- Ends
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Enquiries:
|
Virgin Wines UK plc
Jay Wright, CEO
Graeme Weir, CFO
|
Via Hudson Sandler
|
|
Cavendish (Nominated Adviser
and Sole Broker)
Matt Goode
Carl Holmes
Seamus Fricker
Elysia Bough
|
Tel: +44 (0)
20 7220 0500
|
|
Hudson Sandler
(Public
Relations)
Alex Brennan
Dan de Belder
Harry Griffiths
Eloise Fleet
|
virginwines@hudsonsandler.com
Tel: +44 20 7796 4133
|
AIM
Rule 17 Schedule 2(g) Update
The Company also announces the
following information relating to directors' disclosure under
Schedule Two, paragraph (g) of the AIM Rules for
Companies:
John Risman, a Chair of the Company,
was a board director at Shaftesbury Shutters Limited until the
company's dissolution in January 2022.
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 2021.
Virgin 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 service, that has over
137k members, using a variety of marketing channels, as well as
through its 30 strong Wine Advisor team, its Wine Plan channel and
its 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
