Picture of Supreme logo

SUP Supreme News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsSpeculativeSmall CapSuper Stock

REG - Supreme PLC - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241014:nRSN9677Ha&default-theme=true

RNS Number : 9677H  Supreme PLC  14 October 2024

14 October 2024

 

Supreme plc

("Supreme" or the "Company" or the "Group")

 

Director/PDMR Shareholding

 

Supreme (AIM: SUP), a leading manufacturer, supplier, and brand owner of
fast-moving consumer goods, was notified on 11 October 2024 that, on the same
day, Sandy Chadha, Chief Executive Officer, sold 1,600,000 ordinary shares of
10p each ("Ordinary Shares") at 160p per Ordinary Share to an institutional
shareholder to meet investor demand.

 

Following this disposal, Mr Chadha retains an interest in 65,666,845 Ordinary
Shares, representing approximately 56.31% of the issued share capital of the
Company.

 

 

Enquiries:

 

 Supreme plc                                                         via Vigo Consulting

 Sandy Chadha, Chief Executive Officer

 Suzanne Smith, Chief Finance Officer

 Shore Capital (Nominated Adviser and Joint Broker)                  +44 (0)20 7408 4090

 Mark Percy / David Coaten / Rachel Goldstein - Corporate Advisory

 Ben Canning - Corporate Broking

 Zeus (Joint Broker)                                                 +44 (0)161 831 1512

 Jordan Warburton / Alex Campbell-Harris - Investment Banking

 Benjamin Robertson - Corporate Broking

 Vigo Consulting (Financial Public Relations)                        +44 (0)20 7390 0230

 Jeremy Garcia / Kendall Hill / Anna Stacey

 supreme@vigoconsulting.com

 

About Supreme

 

Supreme supplies products across six categories; Batteries, Lighting, Vaping,
Sports Nutrition and Wellness, Branded Distribution and Soft Drinks. The
Company's capabilities span from product development and manufacturing through
to its extensive retail distribution network and direct to consumer
capabilities. This vertically integrated platform provides an excellent route
to market for well-known brands and products.

 

The Group has over 3,000 active business accounts with retail customers who
manage over 10,000 branded retail outlets. Customers include B&M, Home
Bargains, Poundland, Tesco, Sainsburys, Morrisons, Amazon, The Range,
Costcutter, Asda, Halfords, Iceland, Waitrose, Aldi and HM Prison &
Probation Service.

 

In addition to distributing globally-recognised brands such as Duracell,
Energizer and Panasonic, and supplying lighting products exclusively under the
Energizer, Eveready, Black & Decker and JCB licences across 45 countries,
Supreme has also developed brands in-house, most notably 88Vape, has a growing
footprint in Sports Nutrition and Wellness via its principal brands Sci-MX and
Battle Bites, and has recently expanded into the soft drinks market with the
acquisition of Clearly Drinks, adding established brands such as Perfectly
Clear and Northumbria Spring to its portfolio.

 

https://investors.supreme.co.uk/
(https://url.avanan.click/v2/___https:/investors.supreme.co.uk/___.YXAxZTpzaG9yZWNhcDphOm86MGY4MjE2NDg1ZDEzMTkxNDcxYTg0ZDM2YmVjYTllYTc6NjoyNDc2OjI0M2E5MTg0ZDVmZWNiMGJlZmJiMDkwZjE1ZTgzYjg3N2MzZTI4M2I1MjAyM2MzNGIyMTI4Y2QwMjZiYjk5MWI6cDpU)

 

 

The following notifications are intended to satisfy the Company's obligations
under Article 19(3) of EU Regulation No 596/2014 (the Market Abuse
Regulation).

 1     Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                                                         Sandy Chadha
 2     Reason for the notification
 a)    Position/status                                              Chief Executive Officer, PDMR

 b)    Initial notification/Amendment                               Initial Notification
 3     Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                                         Supreme plc
 b)    LEI                                                          213800DBHCI5WQWECL16
 4     Details of the transaction(s): section to be repeated for (i) each type of
       instrument; (ii) each type of transaction; (iii) each date; and (iv) each
       place where transactions have been conducted
 a)    Description of the financial instrument, type of instrument  Ordinary shares of 10p each

       Identification code

                                                                    GB00BDT89C08
 b)    Nature of transaction                                        Sale of Ordinary Shares

 c)    Price(s) and volume(s)                                       Price(s)                     Volume(s)
                                                                    160p                         1,600,000 Ordinary Shares

       Aggregated information                                       As above

       -  Aggregated volume

       -  Price
 e)    Date of the transaction                                      11 October 2024

 f)    Place of the transaction                                     LSE

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHKZMMGNFGGDZM

Recent news on Supreme

See all news