VIRGIN WINES UK PLC

Earnings Release • Oct 8, 2024

National Storage Mechanism | Additional information

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.

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Enquiries:

Virgin Wines UK plc 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	Via Hudson Sandler
Tel: +44 20 3100 2222 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/

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