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IPGL Limited, a person closely associated with Chapel Down Group Plc Non-Executive Director Michael Spencer, purchased 400,000 ordinary shares in Chapel Down Group Plc at 33.5 pence per share on 18 February 2025. Following this transaction, IPGL Limited holds 46,545,250 Ordinary Shares, equivalent to 27.1 per cent of the Company's issued share capital, with Michael Spencer holding a total beneficial interest of 27.2 per cent.
| Date | 19 Feb 2025 |
| Time | 14:30:00 |
| Category | Director/PDMR dealings |
| ID | 7437X |
19 February 2025
Chapel Down Group Plc
('CDG' or 'the Company')
EPIC: CDGP
PDMR / PCA Dealing
Chapel Down has been informed that IPGL Limited purchased 400,000 ordinary shares in the Company ("Ordinary Shares") at a price of 33.5 pence per share on 18 February 2025.
Following the share purchase, IPGL Limited holds 46,545,250 Ordinary Shares, equivalent to 27.1 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.
Note: Michael Spencer has a total beneficial interest of 46,723,821, comprising 46,545,250 shares held by IPGL Limited and 178,571 shares held in his personal capacity. This represents a total beneficial interest equivalent to 27.2 per cent of the company's issued share capital.
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Chapel Down Group plc James Pennefather Rob Smith |
Chief Executive Officer Chief Financial Officer |
01580 763 033 |
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Singer Capital Markets Shaun Dobson Tom Salvesen Alex Bond James Todd |
Nominated Adviser and Broker
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020 7496 3000 |
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H/Advisors Maitland Sam Cartwright Jonathan Cook |
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020 73795151 |
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 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.
Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMR") and Persons Closely Associated with them:
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1
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Details of the Person Discharging Managerial Responsibilities / Person Closely Associated
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a)
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Name
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IPGL Limited |
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2
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Reason for the notification |
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a)
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Position/status |
Person Closely Associated with Michael Spencer (Director and PDMR of the Company) |
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b)
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Initial notification /Amendment |
Initial Notification
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a)
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Name |
Chapel Down Group plc |
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b)
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LEI
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213800BAUCZ4OXC97W72
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4
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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 |
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares |
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Identification code |
GB0032706284 |
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b) |
Nature of the transaction |
Purchase of Ordinary Shares |
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c)
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Price(s) and volume(s) |
Price: 33.5 pence Volume: 400,000
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d)
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Aggregated information |
N/A |
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e)
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Date of the transaction |
18 February 2025 |
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f)
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Place of the transaction |
AIM, London Stock Exchange |