Harvest 2017 Update

LONDON--()--

Chapel Down Group Plc
(`CDG' or `the Company')
EPIC: CDGP

Harvest 2017 Update

Chapel Down are pleased to announce the completion of their 2017 harvest, which yielded excellent quality fruit for our wines and was our second highest harvest by volume.

The industry saw a difficult start to the growing season with a number of vineyard sites hit by a frost in late April 2017. Chapel Down mitigates some of the risk of frosts by sourcing from 23 vineyards across the south east from Dorset in the west through Hampshire and Sussex to Kent in the east and Essex in the North.

Frazer Thompson, CEO of Chapel Down Group commented

“Following a challenging start to the season, we enjoyed an excellent flowering season in June and a decent English summer in our vineyards. With an early harvest in good weather we were able to record our second highest ever harvest by volume – some 10% greater than last year. More importantly, with good vineyard management, we saw very good quality throughout the varieties, and some truly exceptional parcels of Chardonnay that will enable us to continue to surprise and delight customers with the highest quality wines. With demand continuing to exceed our ability to supply and the quality of wines continuing to improve, this harvest is further positive news for the Group.”

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

LEI:  213800BAUCZ4OXC97W72

3.1. Additional regulated information required to be disclosed under the laws of a Member State

Short Name: Chapel Down Group plc
Category Code: MSCH
Sequence Number: 635152
Time of Receipt (offset from UTC): 20171101T180647+0000

Contacts

Chapel Down Group plc

Contacts

Chapel Down Group plc