Peter Lehmann Wines has formally applied to be delisted from the Australian stock exchange after 11 years as a public company and a tumultuous take-over battle.

This follows last year's tussle, which saw the Swiss based Hess Group defeat Allied Domeq for control of PLW. Hess now holds 85.67% of the company and founder Peter Lehmann has 10.35%, which he intends retaining.

There are 480 other shareholders. Managing director Doug Lehmann said they would still be able to trade off-market.

Doug Lehmann said he could not estimate full year results at present but "we're really happy and pretty satisfied we've had a reasonably good year."