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Naked Wines Announces Share Transactions Involving Non-Executive Chair

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Naked Wines Announces Share Transactions Involving Non-Executive Chair

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Naked Wines plc ( (GB:WINE) ) just unveiled an announcement.

Naked Wines plc announced a share transaction involving Colebrooke Partners Management Limited and Colebrooke Partners Limited, both associated with Jack Pailing, the Non-Executive Chair. Colebrooke Partners Management Limited sold 15,000 ordinary shares, while Colebrooke Partners Limited acquired 6,800 shares. Following these transactions, Mr. Pailing’s beneficial interest in the company stands at 739,654 shares, representing approximately 1.03% of the company’s issued share capital. This transaction highlights the ongoing adjustments in shareholding by key stakeholders, reflecting potential strategic positioning within the company.

The most recent analyst rating on (GB:WINE) stock is a Hold with a £93.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.

Spark’s Take on GB:WINE Stock

According to Spark, TipRanks’ AI Analyst, GB:WINE is a Neutral.

Naked Wines plc’s overall stock score is driven by a mix of strong technical momentum and strategic financial management, despite ongoing challenges in profitability and valuation. The company’s efforts in cost savings and cash management are positive, but revenue decline and customer acquisition issues remain significant hurdles.

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

More about Naked Wines plc

Naked Wines is an innovative online wine retailer founded in 2008, focusing on quality, choice, and fair pricing. The company operates a unique business model by funding winemakers upfront, allowing them to produce exceptional wines without financial constraints. This approach benefits both winemakers and customers, offering better quality wines, more choices, and personalized recommendations. Naked Wines serves customers in the UK, US, and Australia, providing access to over 300 independent winemakers and more than 2,500 wines from 23 countries.

Average Trading Volume: 227,633

Technical Sentiment Signal: Hold

Current Market Cap: £65.58M

See more data about WINE stock on TipRanks’ Stock Analysis page.

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