Chapel Down float on AIM
December 2023
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 1.41m 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 per cent. 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.
The Company’s main country of operation is England and the domestic market accounts for 95 per cent. of sales. Chapel Down was admitted to trading on the OFEX Exchange (a precursor to the Aquis Exchange) in March 2003.
Admission to Trading on AIM
On 7th December 2023, Chapel Down announced the admission of its entire issued share capital, being 159,253,885 ordinary shares of 5 pence each to trading on AIM. Cancellation of the Company’s Ordinary Shares on the Apex Segment of the AQSE Growth Market took place simultaneously on Admission.
The Perivan shareholder communications team was delighted to work with Singer Capital Markets, who was appointed as Nominated Adviser and Broker on the production and publication of the Schedule One documentation in connection with its admission which was posted to existing shareholders on 9th November 2023.
Perivan is the market leader for IPO admission document production and specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies, private companies, and open and closed-ended funds.
