CHAPEL DOWN GROUP PLC - Director's Dealing 2020

National Storage Mechanism | Additional information

Issue of Equity

Chapel Down Group Plc

(`CDG' or `the Company')

EPIC: CDGP

Director/PDMR Shareholdings, Issue of Equity and Grant of Options

Chapel Down Group plc, the Aquis listed English wine and drinks producer, announces that it has been informed that the following dealings in its ordinary shares of 5 pence each (“Ordinary Shares”) took place earlier today:

Staff exercised and subsequently sold 147,000 share options under the Company's Employee Share Option Scheme; and
Richard Woodhouse, Finance Director of the Company, exercised and subsequently sold 119,666 options over Ordinary Shares. The options were exercised at a price of 10 pence per Ordinary Share and were subsequently sold at a price of 75 pence per Ordinary Share. Following this sale, Mr Woodhouse’s total beneficial shareholding in the Company is 929,951 Ordinary Shares, representing approximately 0.64% of the Company’s enlarged issued share capital.

Martin Glenn, Chairman with effect from 1 July 2020, acquired 266,666 shares at 75 pence per Ordinary Share. Following the purchase, Mr Glenn’s total beneficial shareholding in the Company is 266,666 Ordinary Shares, representing approximately 0.18% of the Company’s enlarged issued share capital.

The Company has also today issued 713,332 options over Ordinary Shares (the “Options”) under the 2020 Option Scheme – 533,332 Options were issued to Martin Glenn and 180,000 Options were issued to key members of staff. The Options have an exercise price of 76.5 pence per Ordinary Share and are exercisable from 1 July 2023 or before in the event of any of the following:

a takeover;
a sale of the whole of the business and assets of the Company;
the admission of all or any of the shares in the capital of the Company to any recognised investment exchange (as defined in section 285 of the Financial Services and Markets Act 2000) other than the AQSE Growth Market (a New Listing)

Following the grant of Options, the Company has a total of 8,780,179 options over Ordinary Shares outstanding, representing 6.1% of the Company’s enlarged issued share capital.

Issue of Equity

Application has been made for 266,666 Ordinary Shares to be admitted to the Aquis Exchange, which will rank pari passu with the Company's existing Ordinary Shares, and admission to trading is expected to be effective on 25 June 2019 ("Admission").

Following Admission of the new Ordinary Shares, the Company will have 144,478,001 Ordinary Shares in issue with each share carrying the right to one vote. This figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Contact


Chapel Down Group plc Frazer Thompson Richard Woodhouse	Chief Executive Finance Director	01580 763 033
finnCap Ltd Christopher Raggett/Simon Hicks Tim Redfern	Corporate Finance ECM	020 7220 0500

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.


	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Woodhouse
	Reason for the Notification
a)	Position/status	Finance Director
b)	Initial notification/Amendment	Initial notification
	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Chapel Down Group plc
b)	LEI	213800BAUCZ4OXC97W72
	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 over Ordinary Shares of 5 pence each Ordinary Shares of 5 pence each
Identification code	GB0032706284
b)	Nature of the transaction	Exercise of Options over Ordinary Shares Sale of Ordinary Shares
c)	Price(s) and volume(s)	Exercise of Options over Ordinary Shares Volume / Price 119,666 / 10p Sale of Ordinary Shares Volume / Price 119,666 / 75p
d)	Aggregated information: - Aggregated volume - Price	See 4(c) above
e)	Date of the transaction	22 June 2020
f)	Place of the transaction	AQSE Growth Market, London