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WINE Naked Wines Plc

56.00
0.85 (1.54%)
Last Updated: 14:09:23
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Naked Wines Plc LSE:WINE London Ordinary Share GB00B021F836 ORD 7.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.85 1.54% 56.00 55.10 57.00 56.00 53.60 54.10 110,174 14:09:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Wine,brandy & Brandy Spirits 354.05M -17.41M -0.2353 -2.28 39.67M

Majestic Wine PLC Issue of Equity (2365D)

25/04/2017 4:30pm

UK Regulatory


Naked Wines (LSE:WINE)
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TIDMWINE

RNS Number : 2365D

Majestic Wine PLC

25 April 2017

For Immediate Release 25 April 2017

Majestic Wine PLC

("Majestic")

Issue of Equity

Following the acquisition of Naked Wines on 10 April 2015, the Board of Majestic Wine PLC are satisfied that Return on Investment performance conditions relating to the deferred contingent consideration for the first year of the acquisition earn-out period have been met in full.

As a result, application has been made for 434,115 new ordinary shares of 7.5p each in the Company ("Ordinary Shares") to be admitted to trading on AIM. It is expected admission will take place on 26 April 2017.

The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares. Following allotment of the new Ordinary Shares, the total issued share capital of the Company will consist of 71,232,377 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in Treasury. Therefore, the total number of voting rights in the Company is 71,232,377.

The above figure 71,232,377 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Majestic Wine PLC under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

 
 Majestic Wine PLC                        Tel: 01923 298 200 
  Rowan Gormley, Chief Executive           Tel: 07891 206239 
  Officer                                  gabby.clinkard@majestic.co.uk 
  James Crawford, Chief Financial 
  Officer 
  Gabriella Clinkard, Public & Investor 
  Relations 
  Investec (NOMAD & Joint Broker)          Tel: 0207 597 5970 
   Garry Levin / David Flin / David 
   Anderson/Carlton Nelson 
  Liberum (Joint Broker)                   Tel: 020 3100 2222 
   Peter Tracey / Anna Hartropp / 
   Richard Bootle 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

April 25, 2017 11:30 ET (15:30 GMT)

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