Notice of Trading Update

RNS Number : 0871S

Virgin Wines UK PLC

12 July 2022

 

12 July 2022

Virgin Wines UK plc

Notice of Trading Update

Virgin Wines UK plc (AIM: VINO), one of the UK's largest direct-to-consumer online wine retailers, will announce a trading update for the financial year ended 30 June 2022 on Thursday 28 July 2022.  

Enquiries:

Virgin Wines UK plc	Via Hudson Sandler
Jay Wright, CEO Graeme Weir, CFO
Liberum Capital Limited (Nominated Adviser and Sole Broker)	Tel: [phone]
Clayton Bush Edward Thomas John Fishley Lucas Bamber
Hudson Sandler (Public Relations)	[e-mail] Tel: [phone]
Alex Brennan Dan de Belder Charlotte Cobb Nick Moore

Notes to editors:

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 1,000 products in its portfolio and an active customer base of more than 180,000 worldwide. It has approximately 200 employees and more than 40 trusted winemaking partners and suppliers around the world.

The Company drives the majority of revenue though its main channels such as email and web, as well as its growing subscription schemes including WineBank, Wine Plan and Pay As You Go.

Along with its extensive range of award-winning products, Virgin Wines continues to grow its beer and spirit categories, successfully launching more than 40 products as well as its BeerSave and SpiritSave schemes.

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

 

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