Harvest 2019 Update

LONDON--()-- 

Chapel Down Group plc

(“Chapel Down” or “the Company”)

EPIC: CDGP

Harvest 2019 update

Chapel Down is pleased to announce the completion of the 2019 harvest, which yielded excellent quality fruit for our wines and was our second largest ever harvest by volume yielding equivalent to 92% of 2018’s record harvest.

Frazer Thompson, CEO of Chapel Down Group commented

This year’s harvest has been another exceptional one and enables us to put sparkling base wines aside for future growth. With some of our new vineyards giving us their first crop and high yields in our more mature vineyards, we are delighted to report our second highest ever vintage which yielded equivalent to 92% of 2018’s record harvest. Despite the challenging weather during harvest we have again been delighted with not only the quantity of fruit but also the quality, especially in Kent. It’s testament to the outstanding team we have developed that we have been able to maintain very high quality fruit and excellent yields. This is further evidence of the genesis of a new World class wine-growing region. These are exciting times for our young industry.”

Contact

Chapel Down Group plc

Frazer Thompson

Richard Woodhouse

 

 

 

Chief Executive

Finance Director

 

 

 

01580 763 033

 

 

 

 

 

 

 

 

 

 

 

 

 

 

finnCap Ltd

Christopher Raggett/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.

Short Name: Chapel Down Group plc
Category Code: MSCM
Sequence Number: 679148
Time of Receipt (offset from UTC): 20191025T162117+0100

Contacts

Chapel Down Group plc

Contacts

Chapel Down Group plc