REG - Majestic Wine PLC - Grant of share awards and options <Origin Href="QuoteRef">WINEW.L</Origin>
RNS Number : 0587CMajestic Wine PLC17 January 2018For Immediate Release 17 January 2018
Majestic Wine PLC
("Majestic" or the "Company")
Grant of share awards and options
Majestic Wine PLC announces that the following share awards were made on 16 January 2018 under the Company's Long Term Incentive Plan:
Conditional share awards and nil-cost options over a total of 50,523 Ordinary Shares of 7.5 pence each ("shares") were granted to 49 new employees and those who have changed roles in the period, pursuant to the Company's Long Term Incentive Plan. ("LTIP").
Included in the 49 employees, the below PDMR (Person Discharging Managerial Responsibilities) received conditional awards:
Name
Title
Number of Ordinary Shares granted
Total number of Ordinary Shares held subject to LTIP award
Nick Devlin
Managing Director Naked Wines USA
18,271
48,353*
*Nick Devlin's holding comprises Direct and Indirect Interests
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
DIRECTOR/PDMR SHAREHOLDING
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Nick Devlin
2
Reason for the notification
a)
Position/status
Managing Director, Naked Wines USA
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Majestic Wine PLC
b)
LEI
213800PRRI453CKM5429
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary Shares of 7.5p
GB00B021F836
b)
Nature of the transaction
Grant of conditional shares in the Company's LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
18,271
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
16 January 2018
f)
Place of the transaction
London Stock Exchange (XLON); AIM Market
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 / 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 2 in France. We help people find the wines they will love through over 1000 highly trained, specialist store team members. Reported 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 customers. Naked Wines currently has 177 winemakers in 16 countries and 371,000 Mature Angels (Customers). Reported 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. Reported sales for the year ended 3 April 2017 were 46.6m.
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. Reported sales for the year ended 3 April 2017 were 12.3m.
This information is provided by RNSThe company news service from the London Stock ExchangeENDIOEBFMRTMBBBBRP
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