Majestic Wine : Grant of share awards and options

For Immediate Release 17 January2018

Majestic Wine PLC

('Majestic' or the 'Company')

Grant of share awards and options

Majestic Wine PLC announces that the following share awards were made on 16 January 2018 under the Company's Long Term Incentive Plan:

Conditional share awards and nil-cost options over a total of 50,523 Ordinary Shares of 7.5 pence each ('shares') were granted to 49 new employees and those who have changed roles in the period, pursuant to the Company's Long Term Incentive Plan. ('LTIP').

Included in the 49 employees, the below PDMR (Person Discharging Managerial Responsibilities) received conditional awards:

Name	Title	Number of Ordinary Shares granted	Total number of Ordinary Shares held subject to LTIP award
Nick Devlin	Managing Director Naked Wines USA	18,271	48,353*

*Nick Devlin's holding comprises Direct and Indirect Interests

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

DIRECTOR/PDMR SHAREHOLDING

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nick Devlin
2	Reason for the notification
a)	Position/status	Managing Director, Naked Wines USA
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Majestic Wine PLC
b)	LEI	213800PRRI453CKM5429
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 7.5p GB00B021F836
b)	Nature of the transaction	Grant of conditional shares in the Company's LTIP
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 18,271
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	16 January 2018
f)	Place of the transaction	London Stock Exchange (XLON); AIM Market

For further information, please contact:

Majestic Wine PLC Rowan Gormley, Chief Executive Officer James Crawford, Chief Financial Officer Gabriella Clinkard, Public & Investor Relations	Tel: [phone] Tel: [phone] [e-mail]
Investec (NOMAD & Joint Broker) Garry Levin / David Flin / David Anderson/Carlton Nelson	Tel: [phone]
Liberum (Joint Broker) Peter Tracey / Richard Bootle	Tel: [phone]
Instinctif Partners (PR Agency) Damian Reece	Tel: [phone]

About Majestic Wine PLC:

Majestic Wine PLC is a leading wine specialist, operating in four separate divisions, each with the fundamental goal of delivering sustained growth in shareholder value by doing the right thing for the Group's customers, suppliers and people:

•Majestic Retail - The UK's largest specialist wine retailer, with 210 branches in the UK and 2 in France. We help people find the wines they will love through over 1000 highly trained, specialist store team members. Reported sales for the year ended 3 April 2017 were £262.2m.

•Naked Wines - Funds independent winemakers to make exclusive wines at preferential prices which we pass onto customers. Naked Wines currently has 177 winemakers in 16 countries and 371,000 Mature Angels (Customers). Reported sales for the full year ended 3 April 2017 were £144.3m.

•Majestic Commercial - A specialist on-trade supplier who aims to support businesses to make their wine lists more profitable, with the unique advantage of running their supply chain through Majestic Retail stores. Reported sales for the year ended 3 April 2017 were £46.6m.

•Lay and Wheeler - A specialist fine wine merchant. Lay & Wheeler aims to be a trusted guide for people who love fine wine, supplying the world's finest wines with a personal service. Reported sales for the year ended 3 April 2017 were £12.3m.