REG - Virgin Wines UK PLC - Appointment Nominated Adviser and Sole Broker

Virgin Wines UKAnnouncement

29/01/2025 07:00

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RNS Number : 0269V  Virgin Wines UK PLC  29 January 2025

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 -

Enquiries:

 

 Virgin Wines UK plc                                            Via Hudson Sandler

 Jay Wright, CEO

 Graeme Weir, CFO

 Cavendish (Nominated Adviser and Sole Broker)                  Tel: +44 (0) 20 7220 0500

 Matt Goode

 Carl Holmes

 Seamus Fricker

 Elysia Bough

 Hudson Sandler                                                 virginwines@hudsonsandler.com (mailto:virginwines@hudsonsandler.com)

 (Public Relations)                                             Tel: +44 20 7796 4133

 Alex Brennan

 Dan de Belder

 Harry Griffiths

 Eloise Fleet

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

 

 

 

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