REG - Virgin Wines UK PLC - Director Dealing

Virgin Wines UKAnnouncement

29/08/2023 07:00

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RNS Number : 5455K  Virgin Wines UK PLC  29 August 2023

29 August 2023

 

Virgin Wines UK plc

Director Dealing

("Virgin Wines" or the "Company")

 

Virgin Wines announces that it has been notified that John Risman,
Non-Executive Chairman and Jay Wright, Chief Executive Officer, between 23(rd)
- 25(th) August 2023 purchased 120,481 and 275,000 ordinary shares of 1 penny
each in the Company ("Ordinary Shares") respectively.  Following these
purchases, John Risman is beneficially interested in 1,634,315 Ordinary
Shares, representing approximately 2.93 per cent. of the Company's issued
share capital and Jay Wright is beneficially interested in 4,906,260 Ordinary
Shares, representing approximately 8.79 per cent. of the Company's issued
share capital.

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                     John Risman
 2.  Reason for the notification
 b)  Position / status                        Non-Executive Chairman
 c)  Initial notification / amendment         Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                     Virgin Wines UK plc
 b)  LEI                                      213800WAVVOPS85N2205
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument  Ordinary Shares of 1p each

     Identification Code

                                              GB00BN33TR63
 b)  Nature of the transaction                Purchase of Shares
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)

                                        41.5p     120,481

 d)  Aggregated information

                                               n/a

 e)  Date of the transaction                  23 August 2023
 f)  Place of the transaction                 London Stock Exchange, AIM Market (XLON)

d)

Aggregated information

 

 

 n/a

 

e)

Date of the transaction

23 August 2023

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                     Jay Wright
 2.  Reason for the notification
 b)  Position / status                        Chief Executive Officer
 c)  Initial notification / amendment         Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                     Virgin Wines UK plc
 b)  LEI                                      213800WAVVOPS85N2205
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument  Ordinary Shares of 1p each

     Identification Code

                                              GB00BN33TR63
 b)  Nature of the transaction                Purchase of Shares
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)

                                        41.5p     115,000

                                              44.75p    50,000

                                              45.0p     10,000

                                              44.5p     100,000
 d)  Aggregated information                   Volume - 275,000

                                              Average price - 43.31p
 e)  Date of the transaction                  115,000 - 23 August 2023

                                              50,000 - 24 August 2023

                                              10,000 - 25 August 2023

                                              100,000 - 25 August 2023
 f)  Place of the transaction                 London Stock Exchange, AIM Market (XLON)

d)

Aggregated information

 

Volume - 275,000

Average price - 43.31p

e)

Date of the transaction

115,000 - 23 August 2023

50,000 - 24 August 2023

10,000 - 25 August 2023

100,000 - 25 August 2023

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

- Ends -

Enquiries:

 Virgin Wines UK plc                     Via Hudson Sandler

 Jay Wright, CEO

 Graeme Weir, CFO

 Liberum Capital Limited

 (Nominated Adviser and Sole Broker)

 Clayton Bush

 Edward Thomas

 John Fishley

 Hudson Sandler

 (Public Relations)

 Alex Brennan

 Dan de Belder

 Charlotte Cobb

 Harry Griffiths

                                         Tel: +44 20 3100 2222

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

                                         Tel: +44 20 7796 4133

 

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, which is headquartered in Norwich, UK, 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 has more than 700 wines and 150 spirits in its portfolio which it
sells to an active customer base of 176,000 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, Virgin Wines 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.

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

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