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Chapel Down Group plc ( (GB:CDGP) ) has issued an update.
Chapel Down Group Plc announced that IPGL Limited, closely associated with Non-Executive Director Michael Spencer, purchased 50,000 ordinary shares, increasing its stake to 27.2% of the company’s issued share capital. This transaction reflects a significant investment by a major stakeholder, potentially impacting the company’s market positioning and investor confidence.
More about Chapel Down Group plc
Chapel Down Group Plc is England’s leading and largest winemaker, recognized as a prominent brand in the global wine industry. Based in Kent, the company produces award-winning sparkling and still wines and is involved in partnerships with notable sporting and cultural events. Chapel Down is listed on the London Stock Exchange’s AIM and emphasizes sustainable viticulture.
YTD Price Performance: -10.14%
Average Trading Volume: 2,888
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €70.29M
See more insights into CDGP stock on TipRanks’ Stock Analysis page.
