Conviviality Retail Regulatory News (CVR)

28 October 2016

Conviviality Plc

("Conviviality", "the Company" or "the Group")

Supply Agreement with Palmer and Harvey

Conviviality Plc (AIM: CVR), the UK's leading independent wholesaler and distributor of alcohol and impulse serving customers through its Franchised retail outlets and through hospitality and food service, is pleased to announce it has entered into a supply agreement with Palmer and Harvey McLane Limited ("P&H"), the UK's leading delivered wholesaler.

Under the initial two year agreement, Conviviality will supply P&H's National Distribution Centre with lower volume Beers, Wines & Spirits and P&H will supply Conviviality Retail with tobacco. This is expected to have minimal impact on earnings in the financial year ending 30 April 2017.

Diana Hunter, Chief Executive Officer of Conviviality, said:

"I am pleased that we have signed this agreement with P&H which demonstrates the significant role Conviviality plays in the UK drinks market. This agreement will help us to maintain and further improve our ability to invest in future initiatives and pricing to provide our customers and Franchisees with more opportunities to strengthen their business. We look forward to working with the P&H team on this exciting initiative for both our businesses."

Enquiries: