REG - Supreme PLC - Director Share Purchase

SupremeAnnouncement

18/07/2022 16:45

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RNS Number : 8692S  Supreme PLC  18 July 2022

18 July 2022

 

Supreme plc

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

 

Director Share Purchase

Supreme (AIM:SUP), a leading manufacturer, supplier, and brand owner of
fast-moving consumer products, has been notified on 18 July 2022 that on 18
July 2022, Sandeep Singh Chadha, Chief Executive Officer, purchased a total
of 250,000 Ordinary Shares at a price of 97.5 pence per share. The
acquisition was made by Supreme 8 Limited, a company wholly owned by Mr
Chadha. Following this purchase, Mr. Chadha now has a total beneficial
interest in 66,876,845 Ordinary Shares, representing 57.34% of the current
issued share capital of the Company.

The Group's current share capital consists of 116,627,074 Ordinary Shares with
voting rights.

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulation (EU) No.
596/2014 which is part of UK law by virtue of the European Union (withdrawal)
Act 2018. Upon the publication of this announcement, this inside information
is now considered to be in the public domain.

 1     Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                                                         Sandeep Singh (Sandy) Chadha
 2     Reason for the notification
 a)    Position/status                                              CEO / PDMR
 b)    Initial notification /Amendment                              Initial
 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

       Identification code

                                                                    GB00BDT89C08

 b)    Nature of the transaction                                    Direct purchase of shares
 c)    Price(s) and volume(s)

Price(s)  Volume(s)
                                                                     97.5p    250,000

 

 d)    Aggregated information                                       N/A

       - Aggregated volume

       - Price
 e)    Date of the transaction                                      18 July 2022
 f)    Place of the transaction                                     London Stock Exchange

 

 

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

18 July 2022

f)

Place of the transaction

London Stock Exchange

 

 Enquiries:

 

 Supreme plc                                                           via Vigo Consulting

 Sandy Chadha, Chief Executive Officer

 Suzanne Smith, Chief Finance Officer

 Grant Thornton UK LLP (Nominated Adviser)                             +44 (0)20 7383 5100

 Samantha Harrison / Harrison Clarke / Daphne Zhang / Samuel Littler

 Berenberg (Broker)                                                    +44 (0)20 3207 7800

 Chris Bowman / Mark Whitmore / Mara Grasso

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

 Jeremy Garcia / Kendall Hill

 supreme@vigoconsulting.com

 

About Supreme

 

Supreme supplies products across five key categories; batteries, lighting,
vaping, sports nutrition & wellness, and branded household consumer goods.
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 3,300 active business accounts with retail customers who
manage over 10,000 branded retail outlets. Customers include B&M, Home
Bargains, Poundland, The Range, Sainburys, Sports Direct, Londis, SPAR,
Costcutter, Asda, Halfords, Iceland 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 and JCB licences across 45 countries, Supreme has also
developed brands in-house, most notably 88Vape and has a growing footprint in
Sports Nutrition and Wellness.

 

www.investors.supreme.co.uk (http://www.investors.supreme.co.uk)

 

 

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