Directorate Change

RNS Number : 3459Z

Naked Wines PLC

13 September 2022

 

Naked Wines plc

("Naked" or the "Group")

Board Changes

Naked Wines announces that Pratham Ravi has resigned from the Board with immediate effect.

For further information, please contact:

Naked Wines plc

Nick Devlin, Chief Executive Officer

Investec (NOMAD & Joint Broker)

David Flin / Carlton Nelson / Ben Farrow          Tel: [phone]

Jefferies (Joint Broker)

Ed Matthews / David Genis / Harry Clements    Tel: [phone]

About Naked Wines plc

Naked Wines connects everyday wine drinkers with the world's best independent winemakers.

Why? Because we think it's a better deal for everyone. Talented winemakers get the support, funding and freedom they need to make the best wine they've ever made. The wine drinkers who support them get much better wine at much better prices than traditional retail.

It's a unique business model. Naked Wines customers commit to a fixed prepayment each month which goes towards their next purchase. Naked in turn funds the production costs for winemakers, generating savings that are passed back to its customers. It creates a virtuous circle that benefits both wine drinker and winemaker.

Our mission is to change the way the whole wine industry works for the better. In the last year, we have served more than 960,000 Angel members in the US, UK and Australia, making us a leading player in the fast-growing direct-to-consumer wine market.

Our customers (who we call Angels) have direct access to 266 of the world's best independent winemakers making over 2,500 quality wines in 20 different countries. We collaborate with some of the world's best independent winemakers like Matt Parish (Beringer, Stags' Leap) and 8-time Winemaker of the Year Daryl Groom (Penfolds Grange).

 

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