Launch of 2018 SAYE Scheme

LONDON--()--

Chapel Down Group Plc

(`CDG' or `the Company')

EPIC: CDGP

Launch of 2018 SAYE Scheme

Chapel Down Group plc, the NEX listed English wine and drinks producer, announces today that it has launched a Save As You Earn ('SAYE') share scheme for all eligible employees, under which employees have been offered the opportunity to participate in the future growth of the Company via share option arrangements.

Eligible employees were invited to subscribe for options over the Company's Ordinary Shares of 5 pence each ('Ordinary Shares') with an exercise price of 60 pence, a 20 per cent. discount to the closing middle market price of the Company's Ordinary Shares on 26 June 2018, the trading day before the invitation to participate was made. The options have a contract start date of 1 August 2018 and are exercisable between 1 August 2021 and 31st January 2022.

A total of 32 employees elected to participate, and pursuant to these elections a total of 244,620 options over Ordinary Shares have been issued, equating to 0.17 per cent. of the current issued share capital.

Several Directors of the Company, detailed below, have elected to participate in the SAYE scheme and are included in the total figures above.

As a result of this option grant, the Directors' interests in Ordinary Shares are as follows:

Director   Options granted over   Total interest held   % of issued share
Ordinary Shares under under option capital
2018 SAYE scheme
Frazer Thompson 30,000 5,362,568 3.80%
Richard Woodhouse 30,000 1,748,122 1.24%
Gareth Bath 3,000 - -

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

 

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   Frazer Thompson
2. Reason for the Notification
a) Position/status PDMR – CEO
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 GB00B0LSFV82
b) Nature of the transaction Grant of options
c) Price(s) and volume(s) Price(s)

Volume(s)

 

60 pence

30,000

d) Aggregated information:

 

  • Aggregated volume
  • Price

Single transaction as in 4 (c)

e) Date of the transaction 1 August 2018
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
1.   Details of the person discharging managerial responsibilities / person closely associated
a) Name   Richard Woodhouse
2. Reason for the Notification
a) Position/status PDMR – CFO
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 GB00B0LSFV82
b) Nature of the transaction Grant of options
c) Price(s) and volume(s)

Price(s)         Volume(s)

 

60 pence         30,000

 

d) Aggregated information:

 

  • Aggregated volume
  • Price

Single transaction as in 4 (c)

e) Date of the transaction 1 August 2018
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
1.   Details of the person discharging managerial responsibilities / person closely associated
a)

Name

  Gareth Bath
2. Reason for the Notification
a) Position/status PDMR – Managing 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

Ordinary shares of 5 pence each

Identification code GB00B0LSFV82
b) Nature of the transaction Grant of options
c) Price(s) and volume(s) Price(s)

Volume(s)

 

60 pence

3,000

d) Aggregated information:

 

  • Aggregated volume
  • Price

Single transaction as in 4 (c)

e) Date of the transaction 1 August 2018
f) Place of the transaction London Stock Exchange, AIM Market (XLON)

Short Name: Chapel Down Group plc
Category Code: MSCH
Sequence Number: 652492
Time of Receipt (offset from UTC): 20180731T162333+0100

Contacts

Chapel Down Group plc

Contacts

Chapel Down Group plc