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Chapel Down Group plc ( (GB:CDGP) ) has shared an update.
Chapel Down Group PLC announced that IPGL Limited has purchased 400,000 ordinary shares at 33.5 pence each, increasing its stake to 27.1% of the company’s issued share capital. This transaction, associated with Michael Spencer, the company’s Non-Executive Director, highlights a significant consolidation of control, potentially impacting Chapel Down’s strategic direction and market influence.
More about Chapel Down Group plc
Chapel Down Group PLC is a leading and the largest wine producer in England, recognized as a prominent brand in the emerging international wine market. Based in Kent, Chapel Down produces a variety of sparkling and still wines that have won international awards. The company, listed on the London Stock Exchange’s AIM, is known for its sustainable viticulture practices and partnerships with major sporting and cultural events. It boasts over 1,000 acres of vineyards and a strong retail investor base.
YTD Price Performance: -10.73%
Average Trading Volume: 2,888
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €69.38M
See more data about CDGP stock on TipRanks’ Stock Analysis page.
