Director Share Purchase

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 Identification code	Ordinary Shares GB00BDT89C08
b)	Nature of the transaction	Direct purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.25 1.26674 1.23862 1,570 153,430 65,000
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 Identification code	Ordinary Shares GB00BDT89C08
b)	Nature of the transaction	Direct purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.2815 1.235 1.178778 50,000 30,000 90,000
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 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) 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, 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

 

END