REG - Chapel Down Group - CFO formal appointment

Chapel DownAnnouncement

08/04/2025 07:00

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RNS Number : 9647D  Chapel Down Group PLC  08 April 2025

This announcement contains inside information for the purposes of the retained
UK version of the EU Market Abuse Regulation (EU) 596/2014 ("UK MAR").

 

Chapel Down Group Plc

('CDG' or 'the Company')

EPIC: CDGP

CFO FORMAL APPOINTMENT

 

Further to its announcement on 4 March 2025, the Board of Chapel Down Group
Plc (Chapel Down) is pleased to announce that today, 8(th) April 2025, Lourens
(Louan) Mouton was appointed as Chief Financial Officer, Company Secretary and
Board Director of Chapel Down.

Louan is a Chartered Accountant with significant experience in consumer goods
organisations, including Group Finance Director at Fever-tree Drinks plc where
he was responsible for setting up operations in the USA and more recently as
CFO and Board Director at Typhoo Tea Ltd. Prior to that, Louan held roles at
Natural Capital Partners, BHP Billiton and Deloitte.

Louan joined Chapel Down on 31(st) March 2025, and has been working with Rob
Smith (the outgoing Chief Financial Officer) who stepped down from the Board
earlier today and will leave the Company on 30(th) April 2025.

Martin Glenn, Chairman of Chapel Down Group, commented: "We are delighted to
have appointed Louan, who has an excellent track record of leading
cross-functional teams through significant growth and transformation in
publicly traded and private international businesses. He is a dynamic leader
of high-performing finance teams, and I am confident that, alongside our new
CEO James Pennefather, he will continue the delivery of Chapel Down's
development and growth."

Louan Mouton said: "I am excited to be joining Chapel Down as it enters the
next phase of its growth for customers and shareholders. The Company has a
clear and compelling vision, and I look forward to leveraging my recent
experience at both Fever-Tree and Typhoo Tea to deliver it. Rob leaves an
invaluable legacy in strong Finance talent, technology platforms as well as
the AIM listing, and I will continue to work closely with him and the Chapel
Down leadership team to ensure a smooth transition."

Contacts

 

 Chapel Down Group plc    Chief Executive Officer

 James Pennefather        Chief Financial Officer       01580 763 033

 Louan Mouton

                          Nominated Adviser and Broker

 Singer Capital Markets

 Shaun Dobson                                           020 7496 3000

 Tom Salvesen

 Alex Bond

 James Todd

 H/Advisors Maitland

 Sam Cartwright                                         020 7379 5151

 Jonathan Cook

 

About Chapel Down:

Chapel Down (AIM: CDGP) is England's leading and largest winemaker and the
power brand of English wine, the world's newest international wine region.
From its home in Kent in the heart of the Garden of England, Chapel Down
produces a range of sparkling and still wines which consistently win
prestigious international awards for their quality. Chapel Down has over 1,000
acres of vineyards, c10% of the UK's total, of which 750 acres are fully
productive.

Chapel Down's status as the most recognised English wine brand is supported by
its partnerships with flagship sporting and cultural events including Ascot,
The Boat Race and Pub in the Park, and Chapel Down is the 'Official Sparkling
Wine' of the England and Wales Cricket Board.

Chapel Down is listed on the London Stock Exchange's AIM and has over 10,000
retail investors who enjoy discounts on Chapel Down's wines, tours and
tastings at the brand's home at Tenterden in Kent, which each year attracts
c50,000 visitors.

Chapel Down is strongly committed to growing its business in balance with the
environment and sustainability is a strong, ongoing focus. The company is a
founding member of Sustainable Wines of Great Britain and practices
sustainable viticulture.

Regulatory Disclosures

The following information regarding the appointment of Lourens (Louan) Erasmus
Mouton (aged 38) is disclosed pursuant to Schedule Two paragraph (g) of the
AIM Rules for Companies:

 

 Current Directorships/Partnerships  Past Directorships/Partnerships (within 5 years)
 ·      South 51 Ltd                 ·      Typhoo Tea Ltd - administrators were appointed to the company on
                                     28 November 2024 following extended challenging trading conditions. The
                                     administration has yet to formally complete. Louan resigned from his role on
                                     the board on 28 February 2025.

Save as disclosed above, there is no further information to be disclosed in
respect of Louan Mouton, pursuant to Rule 17 and Schedule 2 paragraph (g) of
the AIM Rules for companies.

 

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