Grant of Options Business Wire

LONDON--(BUSINESS WIRE)--

Chapel Down Group Plc

(`CDG' or `the Company')

EPIC: CDGP

Grant of Options

Chapel Down plc, the NEX listed English wine and drinks producer, announces today that it has issued 668,942 options over ordinary shares of 5 pence in the Company (“Ordinary Shares”) (the “Options”) to key members of staff under the 2019 Option Scheme. The Options have an exercise price of 87 pence per Ordinary Share and are exercisable from 30th September 2021.

Following the grant of Options, the Company has a total of 12,423,637 options over Ordinary Shares outstanding, representing 8.8% of the Company’s issued share capital.

Contact

Chapel Down Group plc

Frazer Thompson

Richard Woodhouse

Chief Executive

Finance Director

01580 763 033
finnCap Ltd

Geoff Nash/Simon Hicks

Tim Redfern

Corporate Finance

ECM

020 7220 0500

Chapel Down Group plc

Source: Chapel Down Group plc