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| Date | 18 Jul 2022 |
| Time | 16:41:06 |
| Category | Director/PDMR dealings |
| ID | 8692S |
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.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Sandeep Singh (Sandy) Chadha |
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2 |
Reason for the notification |
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a) |
Position/status |
CEO / PDMR |
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b) |
Initial notification /Amendment |
Initial |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Supreme plc |
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b) |
LEI |
213800DBHCI5WQWECL16 |
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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 |
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary Shares
GB00BDT89C08
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b) |
Nature of the transaction |
Direct purchase of shares |
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c)
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Price(s) and volume(s) |
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d)
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Aggregated information - Aggregated volume - Price |
N/A |
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e) |
Date of the transaction |
18 July 2022 |
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f) |
Place of the transaction |
London Stock Exchange |
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Enquiries:
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Supreme plc Sandy Chadha, Chief Executive Officer Suzanne Smith, Chief Finance Officer
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via Vigo Consulting
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Grant Thornton UK LLP (Nominated Adviser) Samantha Harrison / Harrison Clarke / Daphne Zhang / Samuel Littler
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+44 (0)20 7383 5100 |
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Berenberg (Broker) Chris Bowman / Mark Whitmore / Mara Grasso
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+44 (0)20 3207 7800 |
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Vigo Consulting (Financial Public Relations) Jeremy Garcia / Kendall Hill |
+44 (0)20 7390 0230 |
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.