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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.05 | 0.09% | 53.90 | 52.80 | 55.00 | 55.00 | 53.90 | 53.90 | 14,617 | 16:35:18 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Wine,brandy & Brandy Spirits | 354.05M | -17.41M | -0.2353 | -2.34 | 40.7M |
From Apr 2019 to Apr 2024
TIDMWINE
RNS Number : 6943Z
Majestic Wine PLC
21 May 2019
21 May 2019
Majestic Wine PLC
(the "Group")
Statement re: media speculation
As announced on 25 March 2019, as part of the Group Transformation Plan, the Group continues to explore methods of releasing capital from its Majestic Retail and Commercial business to accelerate the growth of Naked Wines, with this release of capital to be explored through a range of potential options.
Following recent press speculation, the Group confirms that the sale of the Majestic branded retail business including its related B2B operations (together "Majestic Retail") is one of the possible options being considered and the Group has received a number of expressions of interest.
The Group continues to review all options and there remains no certainty that the sale of Majestic Retail will proceed nor as to the terms upon which any disposal would take place.
A further update will be provided in due course and the Group is scheduled to announce its full year results on 13 June 2019.
For further information, please contact
Majestic Wine PLC Tel: 01923 298 200 Rowan Gormley, Chief Executive investor.relations@majestic.co.uk Officer James Crawford, Chief Financial Officer Investec (NOMAD & Broker) Tel: 0207 597 5970 David Flin / Carlton Nelson / David Anderson Instinctif Partners (PR Agency) Tel: 0207 457 2020 or 07931 Damian Reece / Guy Scarborough 598 593
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
SPCPGUUCAUPBURG
(END) Dow Jones Newswires
May 21, 2019 04:44 ET (08:44 GMT)
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