We have advised Virgin Wines on the admission of its shares to trading on AIM, the London Stock Exchange’s growth market.
Established in 2000, Virgin Wines is one of the UK’s largest direct-to-consumer online wine retailers and works with trusted suppliers and winemaking partners around the world to source, design, blend and sell award-winning and exclusive premium wines.
The Group has recently expanded its product offering to include carefully curated collections of premium spirits and craft beers.
The company’s decision to float on AIM will enable the business to fulfil its growth strategy and drive forward the development of its core wine offering, as well as its corporate and gifting channels and range of beers and spirits.
Corporate partner at Gateley Legal, Tom Rush, led on the flotation and was supported by associate, Rebecca Bennett on the pre-IPO reorganisation and solicitor, Jamie Gillespie on the public company aspects.
Partner and head of the corporate team, Tom Durrant led the legal due diligence of the transaction with support from solicitor, Matt Flint.