Last checked at 7 Jul 2017 07:00
For Immediate Release 7 July 2017
Majestic Wine PLC
("Majestic" or the "Company")
Block Listing Application
Majestic Wine PLC, today announces that an application has been made to the London Stock Exchange for a block listing of 500,000 ordinary shares of 7.5pence each in the Company ("New Ordinary Shares") to be admitted to trading on AIM.
These New Ordinary Shares will be issued from time to time in order to satisfy the requirement to allot shares under the Majestic Wine All Employee Share Incentive Plan ("SIP") and the Majestic Wine Long Term Incentive Plan ("LTIP"). It is expected that admission will become effective on 10 July 2017. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.
For further information, please contact:
Majestic Wine PLC Rowan Gormley, Chief Executive Officer James Crawford, Chief Financial Officer Gabriella Clinkard, Public & Investor Relations
| Tel: 01923 298 200
Tel: 07891 206239 gabby.clinkard@majestic.co.uk |
Investec (NOMAD & Joint Broker) Garry Levin / David Flin / David Anderson/Carlton Nelson |
Tel: 0207 597 5970 |
Liberum (Joint Broker) Peter Tracey / Anna Hartropp / Richard Bootle |
Tel: 020 3100 2222 |
Instinctif Partners (PR Agency) Damian Reece
|
Tel: 0207 457 2020 |
About Majestic Wine PLC:
Majestic Wine PLC is a leading wine specialist, operating in four separate divisions, each with the fundamental goal of delivering sustained growth in shareholder value by doing the right thing for the Group's customers, suppliers and people:
•Majestic Retail - The UK's largest specialist wine retailer, with 210 branches in the UK and two in France. We help people find the wines they will love through over 900 highly trained, specialist store team members. Sales for the year ended 3 April 2017 were £262.2m.
•Naked Wines - Funds independent winemakers to make exclusive wines at preferential prices which we pass onto our customers. Naked Wines currently has 159 winemakers in 16 countries and 320,000 Mature Angels (Customers). Sales for the full year ended 3 April 2017 were £144.3m.
•Majestic Commercial - A specialist on-trade supplier who aims to support businesses to make their wine lists more profitable, with the unique advantage of running their supply chain through Majestic Retail stores. Sales for the year ended 3 April 2017 were £47.0m.
•Lay and Wheeler - A specialist fine wine merchant. Lay & Wheeler aims to be a trusted guide for people who love fine wine, supplying the world's finest wines with a personal service. Sales for the year ended 3 April 2017 were £14.7m.