Chapel Down Group plc and its subsidiary (Chapel Down or the Group) announced, on 9 November 2023, its move from the Aquis Stock Exchange to trading on AIM. Admission is expected to take place on 7 December 2023.
Chapel Down is England’s leading winemaker with a mission to change the way the world thinks about English wine. The Group has developed an award-winning range of sparkling and still wines, sourcing from more than 1000 acres of vineyards throughout South-East England. In building Chapel Down into the leading English wine brand, the Group has developed partnerships with some of England’s most recognisable institutions, including The England and Wales Cricket Board, Ascot Racecourse and the Oxford and Cambridge Boat Race.
The board of directors believe that Chapel Down Group plc's admission to AIM will help support its ambitious growth plan and offers a more appropriate market for the company to attract a wider pool of investors and to improve the future liquidity of the Group.
Crowe acted as reporting accountant on the transaction. Our capital markets team was led by Mitesh Patelia, Jacob Porter and Alex Slater.
“We valued the assistance of the capital markets team at Crowe in helping us with our successful move to AIM. They were a pleasure to work with and we appreciated their professional and efficient approach. This marks an important and exciting chapter for Chapel Down.”
Andrew Carter, Chief Executive Officer, Chapel Down Group plc