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
ii)
£0.37425
|
i)
31,100
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
ii)
£0.37425
|
i)
14,226
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
(Nominated Adviser and Sole
Broker)
|
Tel: +44
(0) 20 7220 0500
|
|
Matt Goode / Carl
Holmes / Seamus Fricker /Elysia Bough
|
|
|
Hudson Sandler
(Public Relations)
|
virginwines@hudsonsandler.com
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/
