25th Feb 2016 07:00
For Immediate Release 25 February 2016
Majestic Wine PLC
("Majestic" or the "Company")
Notice TIDM Change
Majestic Wine PLC, the UK's largest wine specialist operating in four divisions; Majestic Retail, Naked Wines, Majestic Commercial and Lay & Wheeler, announces that its Tradable Instrument Display Mnemonic ("TIDM") will be changed to "WINE.L" (from "MJW.L") with effect from 08.00 tomorrow, Friday 26 February 2016.
For further information, please contact:
Majestic Wine PLC | Tel: 01923 298200 |
Rowan Gormley, CEO James Crawford, CFO |
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Buchanan | Tel: 020 7466 5000 |
Sophie McNulty Gabriella Clinkard Robbie Ceiriog-Hughes | |
Investec | Tel: 020 7597 5970 |
Garry Levin Carlton Nelson David Flin
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About Majestic Wine PLC:
Majestic Wine PLC is the UK's largest wine specialist, with four divisions:
Division: | Majestic Retail | Naked Wines | Majestic Commercial | Lay and Wheeler |
Business Description: | UK's largest specialist wine retailer, with 214 branches in the UK and 2 in France | Crowdfunding platform for independent winemakers, with operations in UK, USA and Australia | Specialist on-trade supplier | Specialist fine wine merchant |
Sales for the year to March 2015: | £231m | £81m | £42m | £10m |
In April 2015 Majestic Wine acquired Naked Wines, and appointed Rowan Gormley, founder and CEO of Naked Wines to CEO of the enlarged Group.
In June 2015 Rowan Gormley launched a three year transformation plan, designed to deliver sustainable long term growth in shareholder value by:
- Earning customers loyalty
- Strong competitive offers and unrivalled personal service
- Focusing on hiring and retaining expert people
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