Virgin Wines UK PLC Adjusts Share Capital to Meet Employee Options

An update from Virgin Wines UK PLC ( (GB:VINO) ) is now available.

Virgin Wines UK PLC has transferred 123,956 ordinary shares from its treasury to satisfy employee share options, impacting the total voting rights. The company’s issued ordinary share capital now consists of 51,839,107 shares with voting rights, which shareholders can use to determine their interest under FCA rules.

The most recent analyst rating on (GB:VINO) stock is a Buy with a £69.00 price target. To see the full list of analyst forecasts on Virgin Wines UK PLC stock, see the GB:VINO Stock Forecast page.

Spark’s Take on GB:VINO Stock

According to Spark, TipRanks’ AI Analyst, GB:VINO is a Outperform.

Virgin Wines UK PLC’s strong financial management and strategic corporate actions, such as share buybacks and management incentives, are key strengths. The positive technical indicators further support its current position. However, moderate valuation and the absence of a dividend limit its appeal to some investors.

To see Spark’s full report on GB:VINO stock, click here.

More about Virgin Wines UK PLC

Virgin Wines UK PLC is one of the UK’s largest direct-to-consumer online wine retailers, known for its high-quality products and excellent customer service. Established in 2000 by the Virgin Group, it was later acquired by Direct Wines and subsequently bought out by its management team. The company is listed on the London Stock Exchange’s AIM and operates from its headquarters in Norwich, with distribution centers in Preston and Bolton. Virgin Wines offers over 650 wines from more than 40 suppliers and serves a large customer base, primarily through its WineBank subscription scheme. The company has a growing commercial division and launched Warehouse Wines in 2024.

Average Trading Volume: 67,390

Technical Sentiment Signal: Hold

Current Market Cap: £27.15M

For an in-depth examination of VINO stock, go to TipRanks’ Overview page.