REG - Naked Wines PLC - Board Change

Naked WinesAnnouncement

18/01/2024 07:15

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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                           IR@nakedwines.com

 Rowan Gormley, Executive Chairman

 James Crawford, Chief Financial Officer

 Clara Melia / Catherine Miles

 Investec (NOMAD & Joint Broker)           Tel: 0207 597 5970

 David Flin / Ben Farrow

 Jefferies (Joint Broker)                  Tel: 0207 029 8000

 Ed Matthews / Gill O'Driscoll

 Instinctif (Financial PR)                 Tel: 07917 178 920 / 07931 598 593

 Guy Scarborough / Damian Reece

 

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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