Result of 2018 Annual General Meeting

RNS Number : 2216X

Majestic Wine PLC

08 August 2018

 

For Immediate Release                                                                                                                                      8 August 2018

Majestic Wine PLC

Result of 2018 Annual General Meeting

Majestic Wine PLC is pleased to announce that at its Annual General Meeting held at 11.30 am today at Majestic House, The Belfry, Colonial Way, Watford, WD24 4WH, all resolutions set out in the Notice of Meeting were duly passed.

For further information, please contact:

Majestic Wine PLC Rowan Gormley, Chief Executive Officer James Crawford, Chief Financial Officer	Tel: [phone]
Investec (NOMAD & Joint Broker) Garry Levin / David Flin / David Anderson / Carlton Nelson	Tel: [phone]
Liberum (Joint Broker) Peter Tracey / Richard Bootle	Tel: [phone]
Instinctif Partners (PR Agency) Damian Reece / George Yeomans	Tel: [phone]

About Majestic Wine PLC:

Majestic Wine PLC is a quality wine specialist, with over 1.5m customers in the UK, USA and Australia.

 Our goal is to try to beat the market by investing in customer relationships, rather than stores. We do that through:

●     Investing in business models that compound, i.e. that get stronger with growth

●     Investing with discipline, because we are able to test new opportunities before we roll them out

●     Using data and technology to continuously improve - every quarter we double up on our best performing investments, and cancel the worst performers.

 Our divisions:

1)  Majestic Retail - The UK's largest specialist wine retailer. We help people find wines they will love by employing highly engaged, well trained people equipped with state of the art tools and unique wines.

2)  Majestic Commercial - A specialist on-trade supplier. We help our customers make more money from their wine list by offering national pricing and scale but local delivery and training.

3)  Naked Wines - Naked's customers in the UK, USA and Australia crowdfund independent winemakers in exchange for preferential prices on exclusive wines. 

4)  Lay and Wheeler - A specialist fine wine merchant. We are a trusted guide for people who love fine wine, supplying the world's finest wines with a personal service.

 

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