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RNS Number : 2801Q Chapel Down Group PLC 16 December 2024
16 December 2024
Chapel Down Group Plc
('CDG' or 'the Company')
EPIC: CDGP
PDMR / PCA Dealing
Chapel Down has been informed that IPGL Limited purchased 500,000 ordinary
shares in the Company ("Ordinary Shares") at a price of 35 pence per share
on 12 December 2024.
Following the share purchase, IPGL Limited holds 46,145,250 Ordinary Shares,
equivalent to 26.9 per cent of the Company's issued share capital.
IPGL Limited is a 'person closely associated' ("PCA") with Michael Spencer,
Non-Executive Director of the Company. Further details on the share purchase
are included below.
Chapel Down Group plc Chief Executive Officer
Andrew Carter Chief Financial Officer 01580 763 033
Rob Smith
Nominated Adviser and Broker
Singer Capital Markets
Shaun Dobson 020 7496 3000
Tom Salvesen
Asha Chotai
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 sparking and still wines which consistently win
prestigious international awards for their quality. Chapel Down has over
1,000 acres of vineyards, 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 c60,000 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.
Notification and public disclosure of transactions by Persons Discharging
Managerial Responsibilities ("PDMR") and Persons Closely Associated with them:
1 Details of the Person Discharging Managerial Responsibilities / Person Closely
Associated
a) Name IPGL Limited
2 Reason for the notification
a) Position/status Person Closely Associated with Michael Spencer (Director and PDMR of the
Company)
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 Ordinary Shares
Identification code GB0032706284
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s) Price: 35 pence
Volume: 500,000
d) Aggregated information N/A
e) Date of the transaction 12 December 2024
f) Place of the transaction AIM, London Stock Exchange
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