REG - Virgin Wines UK PLC - Director/PDMR Shareholding

Virgin Wines UKAnnouncement

19/02/2024 16:15

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RNS Number : 6632D  Virgin Wines UK PLC  19 February 2024

19 February 2024

 

Virgin Wines UK plc

("Virgin Wines" or the "Group")

Director/PDMR dealing

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

Virgin Wines UK plc (AIM: VINO), one of the UK's largest direct-to-consumer
online wine retailers, announces that it has been notified of the following
transactions in ordinary shares in the Company undertaken by persons
discharging managerial responsibility ("PDMRs") pursuant to their
participation in the Company's Long Term Incentive Plan ("LTIP").

The notifications below are made in accordance with Article 19(3) of the
Market Abuse Regulation:

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                     Amanda Cherry
 2.  Reason for the notification
 b)  Position / status                        Head of Group Finance
 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                                      2138002RL2S1UV7CK716
 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                Exercise of 31,100 options under the Virgin Wines Long Term Incentive Plan.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)

                                        £0.01     31,100

 d)  Aggregated information                    n/a

 e)  Date of the transaction                  15 February 2024
 f)  Place of the transaction                 London Stock Exchange, AIM Market (XLON)

d)

Aggregated information

 

 n/a

 

 

e)

Date of the transaction

15 February 2024

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                     Ian Long
 2.  Reason for the notification
 b)  Position / status                        Operations Director
 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                                      2138002RL2S1UV7CK716
 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                Exercise of 14,226 options under the Virgin Wines Long Term Incentive Plan.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)

                                        £0.01     14,226

 d)  Aggregated information                   n/a

 e)  Date of the transaction                  15 February 2024
 f)  Place of the transaction                 London Stock Exchange, AIM Market (XLON)

d)

Aggregated information

 

n/a

e)

Date of the transaction

15 February 2024

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)

 Edward Thomas

 Dru Danford

 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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