REG - Supreme PLC - Grant of Options and Director Dealing

SupremeAnnouncement

01/12/2023 09:00

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RNS Number : 3842V  Supreme PLC  01 December 2023

1 December 2023

 

Supreme plc

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

Grant of Options

and

Director Dealing

 

 

Supreme plc (AIM: SUP), a leading manufacturer, supplier and brand owner of
fast-moving consumer products, announces that on 30 November 2023, Suzanne
Smith, Chief Finance Officer of the Company, was granted options ("Options")
under the Company's Unapproved Share Option Scheme 2021.

The Options entitle Suzanne to acquire up to a maximum of 157,516 ordinary
shares of 10p each in the capital of the Company ("Shares") at 10p per Share,
subject to the satisfaction of certain stretching performance conditions and
continued employment.

The performance conditions for the exercise of the Options are split equally
between a total shareholder return per share target and a cumulative adjusted
earnings per share target for the three-year period from 1 April 2023 to 31
March 2026.

Following this grant, Suzanne holds options over 455,948 Shares in the
Company.

In addition, and on the same date, the Company granted to another employee of
the Group Options to acquire up to 58,506 ordinary shares of 10p each on the
same basis as above.

Following the grant of the Options, the Company will have options outstanding
over 7,511,835 Shares, representing 6.40% of the Company's issued share
capital.

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

 supreme@vigoconsulting.com (mailto:supreme@vigoconsulting.com)

 

 

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

    associate

 a)   Name                                                         Suzanne Smith

 2    Reason for the notification
 a)   Position/status                                              Chief Finance Officer

 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 the transaction                                    Grant of options

 c)   Price(s) and volume(s)

Price per share  Volume
                                                                   n/a              157,516

 
 d)   Aggregated Information                                        n/a single transaction

      Volume

      Price
 e)   Date of transaction                                          30 November 2023
 f)   Place of transaction                                         Outside a trading venue

 

d)

Aggregated Information

 

Volume

 

Price

 n/a single transaction

 

e)

Date of transaction

30 November 2023

f)

Place of transaction

Outside a trading venue

 

 

About Supreme

 

Supreme supplies products across five categories; Batteries, Lighting, Vaping,
Sports Nutrition & Wellness, and Branded Distribution. 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, Tesco, Sainsburys, Morrisons, Amazon, The Range,
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, Black & Decker 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 via its principal brands
Sci-MX and Battle Bites.

 

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

 

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