Director/PDMR Shareholding

LONDON--(BUSINESS WIRE)--

Chapel Down Group Plc

(`CDG' 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 earlier today:

• Frazer Thompson, Chief Executive of the Company, exercised and subsequently sold 2,388,124 options over Ordinary Shares (“Options”). The Options were exercised at a price of 12.5 pence per Ordinary Share and were subsequently sold at a price of 75 pence per Ordinary Share. Following this sale, Mr Thompson’s total beneficial shareholding in the Company is 2,222,867 Ordinary Shares, representing approximately 1.54% of the Company’s enlarged issued share capital;
• Richard Woodhouse, Finance Director of the Company, exercised and subsequently sold 200,000 Options. The Options were exercised at a price of 10 pence per Ordinary Share and were subsequently sold at a price of 75 pence per Ordinary Share. Following this sale, Mr Woodhouse’s total beneficial shareholding in the Company is 929,951 Ordinary Shares, representing approximately 0.65% of the Company’s enlarged issued share capital; and
• Lombard Odier, a substantial shareholder in the Company, sold 1,648,806 Ordinary Shares at a price of 75 pence per Ordinary Share. Jamie Brooke is a Non-Executive Director of the Company and a fund manager at Lombard Odier, so Lombard Odier is a person closely associated (“PCA”) with Jamie Brooke. Following this sale, Lombard Odier’s total beneficial shareholding in the Company is 16,581,650 Ordinary Shares, representing approximately 11.51% of the Company’s enlarged issued share capital.

Issue of Equity

Application has been made for 2,588,124 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 19 June 2019 ("Admission").

Following Admission of the new Ordinary Shares, the Company will have 144,118,335 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

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	Chief Executive
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   1,187,301 12.5p   412,699 12.5p   788,124 12.5p   Sale of Ordinary Shares Volume Price   2,388,124 75p
d)	Aggregated information:   Aggregated volume Price	See 4(c) above
e)	Date of the transaction	14 June 2019
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   200,000 10p   Sale of Ordinary Shares Volume Price   200,000 75p
d)	Aggregated information:   Aggregated volume Price	See 4(c) above
e)	Date of the transaction	14 June 2019
f)	Place of the transaction	NEX Exchange Growth Market, London

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lombard Odier, a person closely associated with Jamie Brooke
2.	Reason for the Notification
a)	Position/status	PCA of Non-Executive 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	GB0032706284
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Volume Price   1,648,806 75p
d)	Aggregated information:   Aggregated volume Price	See 4(c) above
e)	Date of the transaction	14 June 2019
f)	Place of the transaction	NEX Exchange Growth Market, London

Category Code: DSH

Sequence Number: 670340

Time of Receipt (offset from UTC): 20190614T164105+0100