REG - Supreme PLC - Director Share Purchase

SupremeAnnouncement

04/10/2023 11:00

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RNS Number : 6863O  Supreme PLC  04 October 2023

4 October 2023

 

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 3 October 2023 that,
Sandeep Singh Chadha, Chief Executive Officer, purchased the following
Ordinary Shares in the Company:

 Date of purchase  Ordinary Shares purchased  Price per Ordinary Share (£)
 02/10/2023        1,570                      1.25
 02/10/2023        153,430                    1.26674
 29/09/2023        65,000                     1.23862
 Total:            220,000

 

The above acquisitions were made by Supreme 8 Limited, a company wholly owned
by Mr Chadha.

In addition, the Company has been notified on 3 October 2023 that the Chadha
Discretionary Trust 2020, a person closely associated (PCA) of Sandeep Singh
Chadha, Chief Executive Officer, purchased the following Ordinary Shares in
the Company:

 Date of purchase  Ordinary Shares purchased  Price per Ordinary Share (£)
 02/10/2023        50,000                     1.2815
 29/09/2023        30,000                     1.235
 29/09/2023        90,000                     1.178778
 Total:            170,000

 

Following these purchases, Mr. Chadha now has a total beneficial interest in
67,266,845 Ordinary Shares, representing 57.34% of the current issued share
capital of the Company.

The Group's current share capital consists of 117,321,126 Ordinary Shares with
voting rights.

Further details of the PDMR dealing are included below. This information has
been provided in accordance with Article 5(1)(b) of the Market Abuse
Regulation (EU) No 596/2014 which is part of UK law by virtue of the European
Union (Withdrawal) Act 2018.

 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)
                                                                    1.25      1,570

                                                                    1.26674   153,430

                                                                    1.23862   65,000

 

 d)    Aggregated information                                       220,000 Ordinary Shares

       - Aggregated volume                                          £276,828.72

       - Price
 e)    Date of the transaction                                      29 September 2023 - 2 October 2023
 f)    Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

 

 

d)

 

Aggregated information

- Aggregated volume

- Price

220,000 Ordinary Shares

£276,828.72

e)

Date of the transaction

29 September 2023 - 2 October 2023

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 1     Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                                                         the Chadha Discretionary Trust 2020
 2     Reason for the notification
 a)    Position/status                                              PCA of Sandeep Singh (Sandy) Chadha 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)

                                                                    1.2815     50,000

                                                                    1.235      30,000

                                                                    1.178778   90,000

 

 d)    Aggregated information                                       170,000 Ordinary Shares

       - Aggregated volume                                          £207,215.02

       - Price
 e)    Date of the transaction                                      29 September 2023 - 2 October 2023
 f)    Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

 

 

d)

 

Aggregated information

- Aggregated volume

- Price

170,000 Ordinary Shares

£207,215.02

e)

Date of the transaction

29 September 2023 - 2 October 2023

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

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 / Samuel Littler

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

 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.

 

investors.supreme.co.uk (https://investors.supreme.co.uk/)

 

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