Block Listing Application

RNS Number : 3741K

Majestic Wine PLC

07 July 2017

 

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: [phone] Tel: [phone] [e-mail]
Investec (NOMAD & Joint Broker) Garry Levin / David Flin / David Anderson/Carlton Nelson	Tel: [phone]
Liberum (Joint Broker) Peter Tracey / Anna Hartropp / Richard Bootle	Tel: [phone]
Instinctif Partners (PR Agency) Damian Reece	Tel: [phone]

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.

 

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