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UPGS Up Global Sourcing Holdings Plc

120.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Up Global Sourcing Holdings Plc LSE:UPGS London Ordinary Share GB00BYX7MG58 ORDS 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 120.00 114.50 120.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

UP Global Sourcing Holdings PLC Director / PDMR Shareholding (7718Q)

01/03/2021 5:50pm

UK Regulatory


Up Global Sourcing (LSE:UPGS)
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TIDMUPGS

RNS Number : 7718Q

UP Global Sourcing Holdings PLC

01 March 2021

1 March 2021

UP Global Sourcing Holdings PLC

"Ultimate Products" or "the Company" or "the Group"

Persons discharging managerial responsibilities "PDMR" shareholding

Ultimate Products, the owner, manager, designer and developer of an extensive range of value-focused consumer goods brands, announces that on 26 February 2021 Graham Screawn transferred in aggregate 27,664 ordinary shares of 0.25p each ("Ordinary Shares") from a personal holding into his and his wife's ISA at a price of 143.5p, there is no change to his beneficial interest.

For more information please contact:

 
 UP Global Sourcing Holdings   +44 (0) 161 627 1400 
  plc                           Simon Showman, CEO 
                                Andrew Gossage, Managing Director 
                                Graham Screawn, Chief Financial 
                                Officer 
 Powerscourt                   +44 (0) 207 250 1446 
                                Rob Greening 
                                Sam Austrums 
 

Pursuant to the notification obligations in accordance with Article 19 of the Market Abuse Regulation (MAR)

 
 1.   Details of PDMR / person closely associated with them 
       ( 'PCA') 
 a)   Name                                                          Graham Screawn 
     ------------------------------------------------------------  --------------------------------------------------- 
 2.   Details of PDMR / person closely associated with them 
       ( 'PCA') 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position /                                                    Graham Screawn - Chief Financial Officer 
       status 
     ------------------------------------------------------------  --------------------------------------------------- 
 b)   Initial notification                                          1 March 2021 
       / amendment 
     ------------------------------------------------------------  --------------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                          UP Global Sourcing Holdings Plc 
     ------------------------------------------------------------  --------------------------------------------------- 
 b)   LEI                                                           213800Q5GWTVIW6KJW33 
     ------------------------------------------------------------  --------------------------------------------------- 
 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 
     ----------------------------------------------------------------------------------------------------------------- 
 c)   Description                                                   Ordinary shares of 0.25p each in the capital 
       of the financial                                              of UP Global Sourcing Holdings plc 
       instrument                                                    ISIN: GB00BYX7MG58 
     ------------------------------------------------------------  --------------------------------------------------- 
 d)   Nature of the                                                 Sale and repurchase of shares 
       transaction 
     ------------------------------------------------------------  --------------------------------------------------- 
 e)   Price(s) and                                                                     Price(s) (PENCE)   Volume(s) 
       volume(s)                                                     Graham Screawn    143.5p             27,664 
                                                                                      -----------------  ---------- 
                                                                     Graham Screawn    143.5p             13,832 
                                                                                      -----------------  ---------- 
                                                                     Janet Screawn     143.5p             13,832 
     ------------------------------------------------------------  --------------------------------------------------- 
 f)   Aggregated 
       information 
 
       Aggregated                                                     27,664 (sold) & 27,664 (purchased) 
       volume 
                                                                      143.5p 
       Price 
     ------------------------------------------------------------  --------------------------------------------------- 
 g)   Date of the                                                   26 February 2021 
       transaction 
     ------------------------------------------------------------  --------------------------------------------------- 
 h)   Place of the                                                   London Stock Exchange (XLON) 
       transaction 
     ------------------------------------------------------------  --------------------------------------------------- 
 
 

Notes to Editors

Ultimate Products is an owner, manager, designer and developer of a series of well-known brands focused on the home, selling to over 300 retailers across 37 countries. It has five product categories: Small Domestic Appliances; Housewares; Audio; Laundry; and Heating and Cooling. Its brands include Beldray (laundry, floor care, heating and cooling), Intempo (audio), Kleeneze (laundry); Salter (kitchenware), and Progress (cookware and bakeware).

The Group's products are sold to a broad cross-section of both large national and international multi-channel retailers as well as smaller national retail chains, incorporating discount retailers, supermarkets, general retailers and online retailers. Its best-selling products include frying pans, mugs and speakers, selling approximately one million of each every year.

Founded in 1997, Ultimate Products is headquartered in Oldham, Greater Manchester, where it has design, sales, marketing, buying, quality assurance, support functions and warehouse facilities across two sites. Manor Mill, the Group's head office, includes a spectacular 20,000 sq ft showroom that showcases each of its brands. In addition, the Group has an office and showroom in Guangzhou, China and in Cologne, Germany.

Ultimate Products' graduate development scheme was launched in 2012 and in 2018 it welcomed its one-hundredth graduate. In total, Ultimate Products now employs over 250 staff.

Please note that Ultimate Products is not the owner of Russell Hobbs or Salter. The company currently has licence agreements in place granting it an exclusive licence to use the "Russell Hobbs" trademark for cookware (NB this does not include Russell Hobbs electrical appliances) and the "Salter" trademark for electrical and cookware (NB this does not include Salter scales).

For further information, please visit www.upgs.com

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 or visit 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.

END

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(END) Dow Jones Newswires

March 01, 2021 12:50 ET (17:50 GMT)

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