REG - Chapel Down Group - GRANT OF OPTIONS AND DIRECTOR/PDMR DEALING
Yesterday 11:30
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250801:nRSA6483Ta&default-theme=true
RNS Number : 6483T Chapel Down Group PLC 01 August 2025
Chapel Down Group Plc
('CDG' or 'the Company')
EPIC: CDGP
GRANT OF OPTIONS AND DIRECTOR/PDMR DEALING
Chapel Down, the market leader in English wines, announces that, under its
Long-Term Incentive Plan ("LTIP"), it has granted options (the "LTIP Options")
over, in aggregate, 2,315,387 ordinary shares of 5p in the Company ("Ordinary
Shares") to its executive directors. Of the total options granted, 315,972
were granted at zero-cost; and 1,543,719 were granted at an exercise price of
35p¹ and 455,696 were granted at an exercise price of 39.50p(2).
The LTIP Options granted to Executive Directors are as detailed below:
Name of Grantee Title Number of Ordinary Shares subject to the LTIP Option at zero-cost Number of Ordinary Shares subject to the LTIP Option at a specific exercise Total number of Options over Ordinary Shares held following the grant
price(1&2)
James Pennefather CEO 190,972 1,543,719 1,734,691
Louan Mouton CFO 125,000 455,696 580,696
Note 1: The exercise price relating to the 1,543,719 options for James
Pennefather was determined as 35p per share, being the share price before the
public announcement of his appointment on 13 December 2024.
Note 2: The exercise price relating to the 455,696 options for Louan Mouton
was determined at 39.50p per share, being the share price before the public
announcement of his appointment on 4 March 2025.
The LTIP Options are intended to reward long term performance that delivers
value to shareholders. The date of grant of the award is 1 August 2025, and
vesting for the zero-cost options occurs on 31 December 2027, subject to
continued employment and achievement of Group performance conditions for the
period 1 January 2025 to 31 December 2027. The LTIP Options with an exercise
price of 35p and 39.50p vest in thirds over three years, with the first third
vesting on the anniversary of the start date for the Executive Director, being
1 February 2026 for James Pennefather and 31 March 2026 for Louan Mouton.
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
Tom Salvesen 020 7496 3000
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, c. 9% 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.
1 Details of the Person Discharging Managerial Responsibilities / Person Closely
Associated
a) Name James Pennefather
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Chapel Down Group plc
b) LEI 213800BAUCZ4OXC97W72
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 Zero cost Options
Identification code GB0032706284
b) Nature of the transaction Grant of Options
c) Price(s) and volume(s) Price: 0 pence
Volume: 190,972
d) Aggregated information N/A
e) Date of the transaction 1 August 2025
f) Place of the transaction Outside of a trading venue
1 Details of the Person Discharging Managerial Responsibilities / Person Closely
Associated
a) Name James Pennefather
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Chapel Down Group plc
b) LEI 213800BAUCZ4OXC97W72
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 Options
Identification code GB0032706284
b) Nature of the transaction Grant of Options
c) Price(s) and volume(s) Price: 35.0 pence
Volume: 1,543,719
d) Aggregated information N/A
e) Date of the transaction 1 August 2025
f) Place of the transaction Outside of a trading venue
1 Details of the Person Discharging Managerial Responsibilities / Person Closely
Associated
a) Name Louan Mouton
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Chapel Down Group plc
b) LEI 213800BAUCZ4OXC97W72
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 Zero cost Options
Identification code GB0032706284
b) Nature of the transaction Grant of Options
c) Price(s) and volume(s) Price: 0 pence
Volume: 125,000
d) Aggregated information N/A
e) Date of the transaction 1 August 2025
f) Place of the transaction Outside of a trading venue
1 Details of the Person Discharging Managerial Responsibilities / Person Closely
Associated
a) Name Louan Mouton
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Chapel Down Group plc
b) LEI 213800BAUCZ4OXC97W72
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 Options
Identification code GB0032706284
b) Nature of the transaction Grant of Options
c) Price(s) and volume(s) Price: 39. 5 pence
Volume: 455,696
d) Aggregated information N/A
e) Date of the transaction 1 August 2025
f) Place of the transaction Outside of a trading venue
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHEAEPFEAFSEFARecent news on Chapel Down
See all newsREG - Chapel Down Group - GRANT OF OPTIONS AND DIRECTOR/PDMR DEALING
AnnouncementREG - Chapel Down Group - H1 2025 Trading Update
AnnouncementREG - Chapel Down Group - Directorate Change
AnnouncementREG - Chapel Down Group - Result of AGM
AnnouncementREG - Chapel Down Group - Notice of AGM
Announcement