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London Stock Exchange welcomes Chapel Down plc to AIM

Posted: 07 December 2023

Chapel Down, England’s leading and largest winemaker, today celebrates its admission of the entire issued share capital of the Company to trading on AIM, a market operated by the London Stock Exchange plc. Admission will take place and dealings in the Ordinary Shares will commence at 8.00 a.m. today under the same TIDM and ISIN of CDGP and GB0032706284 respectively. Cancellation of the Company’s Ordinary Shares on the Apex Segment of the AQSE Growth Market will take place simultaneously with Admission.

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About Chapel Down
Chapel Down is England’s leading and largest wine producer with an award-winning range of sparkling and still wines, under the Chapel Down brand. The Company owns, leases and sources from 1,023 acres of vineyards in South East England, of which 750 acres are fully productive, making it the largest wine producer in the UK. The Company sold 1.4 million bottles of wine in 2022, generating revenue from off-trade, on-trade, export, and direct to consumer e-commerce and retail sales. The Company continues to build its status as the leading brand of the English wine industry, with awareness of 37% as at June 2023, supported by its partnerships (including with the England and Wales Cricket Board and Ascot Racecourse) and events. The Company also welcomes approximately 60,000 visitors a year for winery tours and tastings at its brand home and retail experience in Tenterden, Kent.

Andrew Carter, Chief Executive Officer of Chapel Down, commented:

“We are pleased to announce Chapel Down’s admission to trading on AIM, a move which reflects the maturity of the business and the ambitious growth plan we are committed to delivering in the years ahead. Chapel Down has greatly benefitted from its AQSE listing over the past 20 years as it has grown from a start-up in an embryonic industry into England’s leading and largest winemaker with a consistent track record of profitable growth.

“We believe that a move to AIM will attract a wider pool of investors to participate in Chapel Down’s growth as the leading producer in the world’s newest global wine region and as we continue to pursue our well progressed and fully funded plan to double the size of the business in the five years to 2026. In November we confirmed a record 2023 harvest, with tonnage 86% higher than 2022 and 75% higher than the previous record posted in 2018, which is creating great excitement within our business, and will underpin our strategic ambition to double the size of the business by 2026 as we continue to build Chapel Down’s position as England’s number one and most celebrated winemaker.”

Further Information

Further information in relation to Admission can be found in the Company’s announcement from 9 November 2023. An appendix to the Schedule One, as well as information required pursuant to AIM Rule 26, is available on the Company’s website at www.chapeldown.com/pages/investors. 

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