15th Apr 2015 09:14
LONDON (Alliance News) - Majestic Wine PLC Wednesday said Chairman Phil Wrigley bought 10,000 shares at a price of 356.5 pence per share Tuesday.
The purchase is Wrigley's only holding in the company.
Last Friday, Majestic Wine said it had completed the acquisition of online wine retailer Naked Wines International for up to GBP70 million in cash and shares. The founder and chief executive of Naked Wines, Rowan Gormley, will be CEO of the enlarged group.
Shares in the wine warehouses business were quoted at 371.60p up 3.2% Wednesday morning.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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