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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 840,000 options over ordinary shares of 5 pence in the Company (“Ordinary Shares”) (the “Options”) to key members of staff under the 2018 Option Scheme. The Options have an exercise price of 84 pence per Ordinary Share and are exercisable from 31st January 2021.

Following the grant of Options, the Company has a total of 12,036,695 options over Ordinary Shares outstanding, representing 8.5% of the Company’s issued share capital.

Contact

Chapel Down Group plc

Frazer Thompson

Richard Woodhouse

Chief Executive

Finance Director

01580 763 033

finnCap Limited

Geoff Nash/Simon Hicks

Stephen Norcross

Corporate Finance

Corporate Broking

020 7220 0500

Chapel Down Group plc

Source: Chapel Down Group plc