REG - Chapel Down Group - Chief Financial Officer Appointment

Chapel DownAnnouncement

04/03/2025 07:15

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RNS Number : 1845Z  Chapel Down Group PLC  04 March 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

('Chapel Down' or 'the Company')

EPIC: CDGP

CHIEF FINANCIAL OFFICER APPOINTMENT

 

The Board of Chapel Down is delighted to announce the appointment of Lourens
(Louan) Mouton as Chief Financial Officer, Company Secretary and Director of
Chapel Down*. Louan is a Chartered Accountant with significant experience in
consumer goods organisations, including Group Finance Director at Fevertree
Drinks plc 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 will join Chapel Down on 31(st) March 2025, and will be formally
appointed to the Board in early April 2025. Rob Smith (the outgoing Chief
Financial Officer), will step down upon Louan joining the Board, which will be
shortly after finalising and issuing Chapel Down's full year results, expected
in early 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 be working closely with him and the Chapel Down
leadership team to ensure a smooth transition"

*Subject to completion of customary regulatory due diligence. A further
announcement confirming the appointment of Lourens Mouton, disclosing
information in respect of Schedule 2(g) of the AIM Rules, will be made prior
to his formal appointment.

Contacts

 

 Chapel Down Group plc    Chief Executive Officer

 James Pennefather        Chief Financial Officer        01580 763 033

 Rob Smith

 Singer Capital Markets   Nominated Adviser and Broker

 Shaun Dobson                                            020 7496 3000

 Tom Salvesen

 Alex Bond

 James Todd

 H/Advisors Maitland

 Sam Cartwright                                          020 73795151

 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.

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