19th Jul 2007 10:31
Majestic Wine PLC19 July 2007 Majestic Wine PLC ("the Company") Directors' Dealings The Company announces that it has issued and allotted, subject to Admission totrading on AIM, the following ordinary shares of 7.5p pence each in the Company("Ordinary Shares") following the exercise of options by certain directors ofthe Company under the Company's Approved and Unapproved Executive Share OptionSchemes (1996): Director Scheme Exercise Number of Prior Holding Resultant Percentage of options Holding Issued Share Cap Price (pence) exercised Tim How Unapproved 114.50 5,800 429,789 435,589 0.681% Steve Lewis Approved 76.875 4,840 47,061 51,901 0.081% The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and trading is expected to commence on AIM on or around 25 July 2007. Following the issue and allotment of the new Ordinary Shares the issued share capital of the Company will be 63,993,896 Ordinary Shares. In addition to the above, the Company was yesterday informed that on the same day Nigel Alldritt purchased 1,500 Ordinary Shares and his revised interest in the Company's share capital is as follows: Director Share Price Number of Prior Resultant Percentage of (pence) Ordinary Shares Holding Issued Share Cap bought Holding Nigel 389.90 1,500 58,620 60,120 0.094%Alldritt The executive Directors were granted nil cost options over Ordinary Shares underthe Company's co-investment plan on 19 July 2007. The options granted under thisplan are in proportion to the number of Ordinary Shares invested by the scheme'sparticipants and will only vest to the extent that targets based on totalshareholder return against the FTSE All-Share Index are met. Options weregranted as follows: Director Shares Exercise of Shares Grant of Exercise Date of Period during Shares under under options as under options under price grant which option as at option as detailed option Co-investment exercise-able 19/07/07 at 18/07/07 above after plan exerciseT How 227,161 5,800 221,631 63,543 Nil 19/07/07 19/07/2010-18/ 284,904 07/2017S Lewis 174,745 4,840 169,905 34,660 Nil 19/07/07 19/07/2010-18/ 204,565 07/2017N Alldritt 123,674 - 123,674 27,729 Nil 19/07/07 19/07/2010-18/ 151,403 07/2017J Apthorp 54,761 - 54,761 21,952 nil 19/07/07 19/07/2010-18/ 76,713 07/2017 Enquiries: Nigel AlldrittFinance Director Majestic Wine PLC 01923 298200 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Naked Wine