Supreme PLC Transaction in Own Shares and Total Voting Rights

RNS Number : 8737H

Supreme PLC

22 March 2024

 

22 March 2024

 

Supreme plc

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

 

Transaction in Own Shares

and

Total Voting Rights

 

Further to its announcement of 6 February 2024, Supreme PLC (AIM: SUP), a leading manufacturer, supplier, and brand owner of fast-moving consumer goods, announces that, on 21 March 2024, it purchased 45,500 ordinary shares of £0.10 each in its issued share capital ("Ordinary Shares") at a price of £1.1803 each on the AIM market through its broker, Shore Capital, in accordance with the terms of the Company's share buyback programme. The repurchased Ordinary Shares will be cancelled. This purchase completes the up to £1.0 million share buyback programme announced on the 6 February 2024.

Total Voting Rights

Following cancellation, the Group's issued share capital will comprise 116,510,919 Ordinary Shares, each with one voting right. The Company holds no Ordinary Shares in treasury.

The total number of voting rights in the Group will therefore be 116,510,919. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Enquiries:

 

Supreme plc Sandy Chadha, Chief Executive Officer Suzanne Smith, Chief Finance Officer	via Vigo Consulting
Shore Capital (Nominated Adviser and Joint Broker) Mark Percy / David Coaten / Rachel Goldstein - Corporate Advisory Ben Canning - Corporate Broking	[phone]
Zeus (Joint Broker) Jordan Warburton / Alex Campbell-Harris - Investment Banking Benjamin Robertson - Corporate Broking	[phone]
Vigo Consulting (Financial Public Relations) Jeremy Garcia / Kendall Hill [e-mail]	[phone]

 

About Supreme

 

Supreme supplies products across five categories; Batteries, Lighting, Vaping, Sports Nutrition and 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/

 

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