Appointment of Joint Broker

RNS Number : 5707V

Majestic Wine PLC

19 April 2016

 

For Immediate Release                                                                                                      19 April 2016

Majestic Wine PLC

("Majestic" or the "Group")

Appointment of Joint Broker

The Board of Majestic Wine PLC, a leading wine specialist operating in four divisions; Majestic Retail, Naked Wines, Majestic Commercial and Lay & Wheeler, today announces the appointment of Liberum as joint broker to the Company, alongside Investec, with immediate effect.

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]
Buchanan (Financial PR) Sophie McNulty / Helen Chan / Catriona Flint	Tel: [phone] Email: [e-mail]
Investec (NOMAD & Joint Broker) Garry Levin / David Flin / David Anderson	Tel: [phone]
Liberum (Joint Broker) Peter Tracey / Anna Hartropp / Richard Bootle	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 214 branches in the UK and 2 in France. Majestic Retail aims to help people find the wines they will love through over 800 highly trained, specialist graduate staff. Sales for the year ended 31 March 2015 were £231m.

•Naked Wines - A leading crowd-funding platform offering wine drinkers the opportunity to buy exclusive wines at preferential prices, in exchange for supporting independent winemakers. Sales for the year ended 31 March 2015 were £81m.

•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 31 March 2015 were £42m.

•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 31 March 2015 were £10m.

 

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