REG - Virgin Wines UK PLC - Director/PDMR Shareholding
20/02/2025 17:00
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RNS Number : 9260X Virgin Wines UK PLC 20 February 2025
20 February 2025
Virgin Wines UK plc
("Virgin Wines" or the "Group")
Director/PDMR Dealings
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 the person discharging managerial responsibilities / person closely
associated
a) Name Amanda Cherry
2 Reason for the notification
a) Position/status Head of Group Finance
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Virgin Wines 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, type of instrument £0.01 ordinary shares
Identification code GB00BN33TR63
b) Nature of the transaction i) Exercise of 31,100 options under the Virgin Wines LTIP, and
ii) sale of 31,100 ordinary shares.
c) Price(s) and volume(s)
Price(s) Volume(s)
i) £0.01 i) 31,100
ii) £0.37425 ii) 31,100
d) Aggregated information
- Aggregated volume i) 31,100
ii) 31,100
- Price i) £311.00
ii) £11,639.18
e) Date of the transaction 19 February 2025
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Ian Long
2 Reason for the notification
a) Position/status Operations Director
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Virgin Wines 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, type of instrument £0.01 ordinary shares
Identification code GB00BN33TR63
b) Nature of the transaction i) Exercise of 14,226 options under the Virgin Wines LTIP, and
ii) sale of 14,226 ordinary shares.
c) Price(s) and volume(s)
Price(s) Volume(s)
i) £0.01 i) 14,226
ii) £0.37425 ii) 14,226
d) Aggregated information
- Aggregated volume i) 14,226
ii) 14,226
- Price i) £142.26
ii) £5,324.08
e) Date of the transaction 19 February 2025
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
Virgin Wines UK plc Via Hudson Sandler
Jay Wright, CEO
Graeme Weir, CFO
Cavendish Tel: +44 (0) 20 7220 0500
(Nominated Adviser and Sole Broker)
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
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 almost 700 wines and c. 150 spirits in its portfolio which
it sells to an active customer base of more than 170,000 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. In
addition, in 2023 the Group's Head of Buying, Sophie Lord, was also named
Buyer of the Year by Decanter magazine.
https://www.virginwinesplc.co.uk/ (https://www.virginwinesplc.co.uk/)
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