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DIRECTOR DEALINGS: Majestic Wine CTO Follows CFO In Buying Shares

Wed, 23rd Nov 2016 11:42

LONDON (Alliance News) - Majestic Wine PLC Wednesday said Chief Technology Officer Derek Hardy bought 1,041 shares at a price of 288 pence per share on Tuesday.

The purchase follows Chief Financial Officer James Crawford's purchase of 5,000 shares on Monday.

The wine retailer last Thursday said it swung to a loss in the first half of its financial year, but reinstated payment of a dividend as it it said it is confident in its future growth prospects.

The stock was up 1.9% at 288.25p Wednesday.

By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.

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