REG - Virgin Wines UK PLC - Notice of Annual Results

Virgin Wines UKAnnouncement

08/10/2024 07:00

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RNS Number : 2547H  Virgin Wines UK PLC  08 October 2024

 8 October 2024

Notice of Results

("Virgin Wines", the "Company" or the "Group")

 

 

Virgin Wines UK plc (AIM: VINO), one of the UK's largest direct-to-consumer
online wine retailers, will announce its audited Annual Results for the period
ended 28 June 2024 ("FY24") on 22 October 2024.

 

 

- Ends -

Enquiries:

 

 Virgin Wines UK plc                     Via Hudson Sandler

 Jay Wright, CEO

 Graeme Weir, CFO

 Panmure Liberum Limited

 (Nominated Adviser and Sole Broker)

 Edward Thomas

 Dru Danford

 John Fishley

 Hudson Sandler

 (Public Relations)

 Alex Brennan

 Dan de Belder

 Harry Griffiths

 Eloise Fleet

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

 

 

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