Issue of Equity, Directors’ Dealing and Total Voting Rights
3rd March 2008
The Company announces that it has issued and allotted subject to admission to trading on AIM, the following new Ordinary Shares of 7.5p each in the Company (“Ordinary Shares”) under the Company’s Approved Executive Share Option Scheme (1996) (the “AESOS”) and the Company’s Savings Related Share Option Scheme (1996) (the “SAYE”):
| Scheme |
Number of Ordinary Shares |
Price per Ordinary Share (pence) |
| SAYE 1996 |
145,677 |
199 |
| AESOS 1996 |
2,700 |
120 |
| AESOS 1996 |
4,000 |
157.75 |
Three directors of the Company exercised options under the SAYE as follows:
| Director |
Shares under option as at 29/02/08 |
Options Exercised 03/03/08 |
Price per Ordinary Share (pence) |
Ordinary Shares under option as at 03/03/08 |
Prior holding |
Resultant holding following Exercise |
Percentage of Issued Share Capital |
| T How |
284,904 |
1,904 |
199 |
283,000 |
435,589 |
437,493 |
0.706% |
| S Lewis |
204,565 |
1,904 |
199 |
202,661 |
51,901 |
53,805 |
0.087% |
| J Apthorp |
76,713 |
4,761 |
199 |
71,952 |
758,112 |
762,873 |
1.231% |
The new Ordinary Shares will rank pari passu with the existing Ordinary Shares of the Company. Trading is expected to commence on AIM on 7 March 2008. Following the issue and allotment of the new Ordinary Shares the issued share capital of the Company will be 61,949,086 Ordinary Shares.
Enquiries to:
Majestic Wine PLC
Nigel Alldritt, Finance Director
Tel: 01923 298200