PDMR / PCA Dealing
IPGL Limited, associated with Non-Executive Director Michael Spencer, purchased 50,000 shares at 33.5p per share.
- Shares purchased by IPGL Limited 50,000
- Price per share 33.5 pence
- IPGL Limited holding after purchase 46,595,250 shares
- Percentage of issued share capital (IPGL) 27.2%
- Michael Spencer total beneficial interest 46,773,821 shares
- Michael Spencer total percentage interest 27.3%
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Chapel Down has been informed that IPGL Limited purchased 50,000 ordinary shares in the Company ("Ordinary Shares") at a price of 33.5 pence per share on 21 February 2025.
Following the share purchase, IPGL Limited holds 46,595,250 Ordinary Shares, equivalent to 27.2 per cent of the Company's issued share capital.
IPGL Limited is a 'person closely associated' ("PCA") with Michael Spencer, Non-Executive Director of the Company. Further details on the share purchase are included below.
Note: Michael Spencer has a total beneficial interest of 46,773,821, comprising 46,595,250 shares held by IPGL Limited and 178,571 shares held in his personal capacity. This represents a total beneficial interest equivalent to 27.3 per cent of the company's issued share capital.
| Chapel Down Group plc James Pennefather Rob Smith | Chief Executive Officer Chief Financial Officer | 01580 763 033 |
| Singer Capital Markets Shaun Dobson Tom Salvesen Alex Bond James Todd | Nominated Adviser and Broker | 020 7496 3000 |
| H/Advisors Maitland Sam Cartwright Jonathan Cook | 020 73795151 | |
| a) | Name | IPGL Limited |
| 2 | Reason for the notification | |
| a) | Position/status | Person Closely Associated with Michael Spencer (Director and PDMR of the Company) |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Chapel Down Group plc |
| b) | LEI | 213800BAUCZ4OXC97W72 |
| a) | Description of the financial instrument, type of instrument | Ordinary Shares |
| Identification code | GB0032706284 | |
| b) | Nature of the transaction | Purchase of Ordinary Shares |
| c) | Price(s) and volume(s) | Price: 33.5 pence Volume: 50,000 |
| d) | Aggregated information | N/A |
| e) | Date of the transaction | 21 February 2025 |
| f) | Place of the transaction | AIM, London Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.