27th Nov 2018 18:41
(Majestic Wine issued a correction to say that CEO Rowan Gormley's resultant shareholding was 4.4 million shares and not 4.5 million as originally reported.
Majestic Wine further corrected that Chief Technology Officer Derek Hardy's resultant shareholding was 110,732 shares and not 100,879 as originally reported.)
LONDON (Alliance News) - Majestic Wine PLC on Friday said Chief Executive Rowan Gormley, Finance Boss James Crawford and Chief Technology Officer Derek Hardy acquired shares in the wine retailer in separate transactions on Thursday.
Gormley bought 15,700 shares at a price of 316 pence each, worth GBP49,612. Following the deal, Gormley's beneficial interest will be 4.4 million shares, representing a 6.1% holding.
Crawford acquired a total of 11,000 shares in two transactions, worth GBP34,180. He bought 7,500 shares at a price of 310.49p each and 3,500 shares at 311.24p.
Following the transfer, Crawford's and his associated person will have a beneficial interest of 85,144 shares, representing 0.1% stake.
Meanwhile, Hardy bought 10,000 shares at a price of 321.14p each, totalling GBP32,114. After the transaction, Hardy's and persons closely associated with him beneficial interest will be 110,732 shares.
Majestic Wine shares closed down 4.6% on Tuesday at 291.50p.
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