Block Admission of Shares

RNS Number : 1803N

Supreme PLC

19 January 2023

 

19 January 2023

Supreme plc

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

Block Admission of Shares

Supreme (AIM:SUP), a leading manufacturer, supplier, and brand owner of fast-moving consumer products, announces that an application has been made to the London Stock Exchange for a block admission ("Block Admission") of a total of 1,989,587 ordinary shares of £0.10 each (the "New Ordinary Shares") to be admitted to trading on AIM in connection with the Company's share option plans (the "Plans") as follows:

· 1,118,346 New Ordinary Shares which may be issued under the Supreme 2018 EMI Scheme;

· 386,694 New Ordinary Shares which may be issued under the Supreme 2018 Unapproved Scheme;

· 181,026 New Ordinary Shares which may be issued under the Supreme 2021 CSOP Scheme;

· 54,596 New Ordinary Shares which may be issued under the Supreme 2021 Unapproved Scheme; and

· 248,925 New Ordinary Shares which may be issued under the Supreme 2021 Sharesave Scheme.

These New Ordinary Shares may be issued from time-to-time pursuant to the exercise of options by employees participating in the Plans.

When issued, the New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company.  Admission of the New Ordinary Shares is expected to take place on or around 20 January 2023.  There is no change to the Company's issued share capital as a result of this block admission.

The Company currently has 116,627,074 ordinary shares of £0.10 each in issue. The Company does not hold any shares in treasury.  The Company will notify on a monthly basis where there have been changes to the issued share capital of the Company.

The Company has no other block listings.

Enquiries:

Supreme plc Sandy Chadha, Chief Executive Officer Suzanne Smith, Chief Finance Officer	via Vigo Consulting
Grant Thornton UK LLP (Nominated Adviser) Samantha Harrison / Harrison Clarke / Samuel Littler	[phone]
Berenberg (Broker) Chris Bowman / Mark Whitmore / Mara Grasso	[phone]
Vigo Consulting (Financial Public Relations) Jeremy Garcia / Kendall Hill [e-mail]	[phone]

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, 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.

www.investors.supreme.co.uk

 

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