Naked Wines Announces Tender Offer for Up to 7.1 Million Shares
The company will offer 80 pence per share to repurchase up to 7.1 million shares, about 10.72% of issued share capital. The offer requires shareholder approval on December 8, with completion expected by December 16, 2026. Separately, year-to-date performance remains in line with previously communicated FY27 guidance.
Naked Wines has announced a tender offer to repurchase up to 7.1 million ordinary shares, representing approximately 10.72% of its issued share capital, at a fixed price of 80 pence per share. The offer is subject to shareholder approval, which is being sought on December 8, 2026, with completion expected by December 16, 2026. The company stated that the board will accept up to £5.7 million in shares if financial performance meets or exceeds the midpoint of its net cash guidance, or approximately £4.0 million if trading falls in the lower half.
Additionally, the company provided a trading update, confirming that performance for the financial year to date remains in line with its previously communicated FY27 guidance, which anticipates progressive growth in Adjusted EBITDA and continued cash generation.