Virgin Wines makes stock market debut after successful float

Virgin-Wines-March-2021

Virgin Wines will begin trading on the London Stock Exchange’s junior AIM market at 8am today following a £110m valuation.

Virgin Wines will make its stock market debut today, which based on placing price will give the business a market capitalisation of approximately £110m.

The online wine specialist is set to raise £35m from existing shareholders’ share sales, while the placing of new shares is expected to raise approximately £13m for the company.

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