Director/PDMR Shareholding Business Wire

LONDON--(BUSINESS WIRE)--

Chapel Down Group plc

(“Chapel Down” or “the Company”)

EPIC: CDGP

Director/PDMR Shareholdings and Issue of Equity

Chapel Down Group plc, the NEX 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 on 17 October 2018:

  • John Dunsmore, Chairman of the Company, sold 1,000,000 Ordinary Shares at a price of 60 pence per Ordinary Share. Following this sale, Mr Dunsmore’s total beneficial shareholding in the Company is 3,072,057 Ordinary Shares, representing approximately 2.17% of the Company’s enlarged issued share capital;
  • Richard Woodhouse, Finance Director of the Company, exercised and subsequently sold 150,000 options over Ordinary Shares (“Options”). The Options were exercised at a price of 10 pence per Ordinary Share and were subsequently sold at a price of 60 pence per Ordinary Share. Following this sale, Mr Woodhouse’s total beneficial shareholding in the Company is 929,951 Ordinary Shares, representing approximately 0.66% of the Company’s enlarged issued share capital;

Issue of Equity

Following the exercise of the Options, application has been made for 150,000 Ordinary Shares to be admitted to the NEX Exchange, which will rank pari passu with the Company's existing Ordinary Shares, and admission to trading is expected to be effective on 22 October 2018 ("Admission").

Following Admission of the new Ordinary Shares, the Company will have 141,425,211 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

Geoff Nash/Simon Hicks

Tim Redfern

Corporate Finance

ECM

020 7220 0500

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

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

1. Details of the person discharging managerial responsibilities / person closely associated
a) Name John Dunsmore
2. Reason for the Notification
a) Position/status Chairman
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 Ordinary Shares of 5 pence each
Identification code GB0032706284
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s)

Volume Price

1,000,00060p

d) Aggregated information:

  • Aggregated volume
  • Price
See 4(c) above
e) Date of the transaction 17 October 2018
f) Place of the transaction NEX Exchange Growth Market, London
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name Richard Woodhouse
2. Reason for the Notification
a) Position/status Finance Director
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 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

150,00010p

Sale of Ordinary Shares

Volume Price

150,00060p

d) Aggregated information:

  • Aggregated volume
  • Price
See 4(c) above
e) Date of the transaction 17 October 2018
f) Place of the transaction NEX Exchange Growth Market, London

Chapel Down Group plc

Source: Chapel Down Group plc