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DJ Chapel Down Group plc Exchange of Contract on Land


Chapel Down Group Plc


(`CDG' or `the Company')




Exchange of Contract on Land in Ashford


Chapel Down are delighted to announce the exchange of contracts on a 1.6 acre site in Ashford town centre for the development of the Curious Brewery. Completion of the purchase is subject to planning consent being granted. Planning submissions have now been made.


Commenting on the exchange, CEO Frazer Thompson said


"We are delighted to have exchanged contracts on a freehold site that will see the development of the Curious Brewery in Ashford. Situated next to the International station and just 38 minutes from Kings Cross and less than 2 hours from the centre of Paris, the Curious Brewery will be a very exciting development for Ashford, for Kent and contemporary British brewing. We've had tremendous support from Ashford Borough Council and are looking forward to working with architects Guy Hollaway and developers U+I Plc to create something exceptional."



Chapel Down Group plc                           01580 763 033 
Frazer Thompson            Chief Executive 
Richard Woodhouse          Finance Director 
finnCap Limited                                 020 7220 0500 
Geoff Nash/Simon Hicks     Corporate Finance 
Stephen Norcross           Corporate Broking 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.


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(END) Dow Jones Newswires

August 01, 2016 02:00 ET (06:00 GMT)