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CHAPEL DOWN GROUP PLC
Remuneration Information • Aug 1, 2025
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Remuneration Information
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National Storage Mechanism | Additional information 
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 39.50p2.
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 price1&2 | Total number of Options over Ordinary Shares held following the grant |
| 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 James Pennefather Louan Mouton |
Chief Executive Officer Chief Financial Officer |
01580 763 033 |
| Singer Capital Markets Tom Salvesen Alex Bond James Todd |
Nominated Adviser and Broker | 020 7496 3000 |
| H/Advisors Maitland Sam Cartwright Jonathan Cook |
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 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 |
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