REG - Supreme PLC - Grant of performance share awards to a PDMR

SupremeAnnouncement

08/08/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220808:nRSH1688Va&default-theme=true

RNS Number : 1688V  Supreme PLC  08 August 2022

8 August 2022

 

Supreme plc

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

Unapproved Share Option Scheme 2021

Grant of Options to Director

 

Supreme plc (AIM: SUP), a leading manufacturer, supplier and brand owner of
fast-moving consumer products announces that on 5 August 2022 Suzanne Smith, a
Director of the Company, was granted options ("Options") under the Company's
Unapproved Share Option Scheme 2021.

The Options entitle her to acquire up to a maximum of 174,650 ordinary shares
of 10p each in the capital of the Company ("Shares") at nominal value, subject
to the satisfaction of certain stretching performance conditions and continued
employment.

The performance conditions for the exercise of the Options will be split
equally between a total shareholder return per Share ("TSR") target and a
cumulative adjusted earnings per share ("AEPS") target for the three year
period from 1 April 2022 to 31 March 2025. A Senior Manager of the Company was
on the same date granted Options to acquire up to 49,900 ordinary shares of
10p each on the same basis.

Following the grant of the Options, the Company will have options outstanding
over 6,824,558 Shares, representing 5.85% of the Company's issued share
capital (plus a further 1,525,377 outstanding options granted prior to
Admission representing a further 1.31% of the Company's issued share capital).
 

Further options or share awards made at the discretion of the Remuneration
Committee following the date of this announcement (whether under the
Unapproved Share Option Scheme 2021 or any other share scheme) are subject to
a cap (inclusive of all other options granted following Admission) not
exceeding 10 per cent. of the issued share capital of the Company.

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 (mailto:supreme@vigoconsulting.com)

 

 

 

 

 

The information set out below is provided in accordance with the requirements
of Regulation 19(3) of the EU Market Abuse Regulation No 596/2014:

 

 1    Details of the person discharging managerial responsibilities / person closely

    associate

 a)   Name                                                         Suzanne Smith

 2    Reason for the notification
 a)   Position/status                                              Chief Financial 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

      Identification code                                            GB00BDT89C08

 b)   Nature of the transaction                                    Grant of options

 c)   Price(s) and volume(s)

Price per share  Volume
                                                                   10p              174,650

 
 d)   Aggregated Information                                        n/a single transaction

      Volume

      Price
 e)   Date of transaction                                          5 August 2022
 f)   Place of transaction                                         Outside a trading venue

 

d)

Aggregated Information

 

Volume

 

Price

 n/a single transaction

 

e)

Date of transaction

5 August 2022

f)

Place of transaction

Outside a trading venue

 

 

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  IOEFLFEDTRIDIIF