05:30 AM EST, 11/04/2026 (MT Newswires) -- Chapel Down Group (CDGP.L) intends to raise up to 6 million pounds sterling through a conditional placing and retail offer of new ordinary shares at 0.43 pound apiece. The placing transaction is expected to generate 5.5 million pounds, and the subsequent retail offer for UK-based investors is projected to raise 500,000 pounds, according to a Wednesday filing. Proceeds will be used to invest in a 4.5 million-pound soft pressing facility for the British winemaker's Tenterden winery, as well as for working capital and to pay fees and expenses relating to the offers.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.