Grant Of Options And Director/pdmr Dealing
Chapel Down Group Plc has granted options under its Long-Term Incentive Plan to executive directors, including the CEO and CFO, totaling 675,938 ordinary shares at an exercise price of 26 pence per share. These options, granted on June 29, 2026, are subject to continued employment and the achievement of group performance conditions between January 1, 2026, and December 31, 2028, with vesting scheduled for June 29, 2029. The grant aims to reward long-term performance that enhances shareholder value.
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Chapel Down (EPIC: CDGP), England's leading and most celebrated winemaker, announces that, under its Long-Term Incentive Plan ("LTIP"), it has granted options (the "LTIP Options") over, in aggregate, 675,938 ordinary shares of 5p in the Company ("Ordinary Shares") to its executive directors at an exercise price of 26p. The LTIP Options have been granted under the Company's EMI scheme adopted on 25 June 2026.
The LTIP Options granted to Executive Directors are as detailed below:
| Name of Grantee | Title | Number of Ordinary Shares subject to the LTIP Option at 26p |
|---|---|---|
| James Pennefather | CEO | 408,534 |
| Louan Mouton | CFO | 267,404 |
The LTIP Options are intended to reward long term performance that delivers value to shareholders. The date of grant of the award is 29 June 2026, and vesting for the options occurs on 29 June 2029, subject to continued employment and achievement of Group performance conditions for the period 1 January 2026 to 31 December 2028.
| a) | Name | James Pennefather |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive Officer |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Chapel Down Group plc |
| b) | LEI | 213800BAUCZ4OXC97W72 |
| a) | Description of the financial instrument, type of instrument | Options to subscribe for new ordinary shares of 5 pence each |
| Identification code | GB0032706284 | |
| b) | Nature of the transaction | Grant of Options |
| c) | Price(s) and volume(s) | Exercise price: 26 pence Volume: 408,534 |
| d) | Aggregated information | N/A - single transaction |
| e) | Date of the transaction | 29 June 2026 |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the Person Discharging Managerial Responsibilities / Person Closely Associated | |
| a) | Name | Louan Mouton |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial Officer |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Chapel Down Group plc |
| b) | LEI | 213800BAUCZ4OXC97W72 |
| a) | Description of the financial instrument, type of instrument | Options to subscribe for new ordinary shares of 5 pence each |
| Identification code | GB0032706284 | |
| b) | Nature of the transaction | Grant of Options |
| c) | Price(s) and volume(s) | Exercise price: 26 pence Volume: 267,404 |
| d) | Aggregated information | N/A - single transaction |
| e) | Date of the transaction | 29 June 2026 |
| f) | Place of the transaction | Outside of a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.