SUPREME PLC

Director's Dealing • Aug 8, 2022

National Storage Mechanism | Additional information

RNS Number : 1688V

Supreme PLC

08 August 2022

8 August 2022

Supreme plc

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

Unapproved Share Option Scheme 2021

Grant of Options to Director

Supreme plc (AIM: SUP), a leading manufacturer, supplier and brand owner of fast-moving consumer products announces that on 5 August 2022 Suzanne Smith, a Director of the Company, was granted options ("Options") under the Company's Unapproved Share Option Scheme 2021.

The Options entitle her to acquire up to a maximum of 174,650 ordinary shares of 10p each in the capital of the Company ("Shares") at nominal value, subject to the satisfaction of certain stretching performance conditions and continued employment.

The performance conditions for the exercise of the Options will be split equally between a total shareholder return per Share ("TSR") target and a cumulative adjusted earnings per share ("AEPS") target for the three year period from 1 April 2022 to 31 March 2025. A Senior Manager of the Company was on the same date granted Options to acquire up to 49,900 ordinary shares of 10p each on the same basis.

Following the grant of the Options, the Company will have options outstanding over 6,824,558 Shares, representing 5.85% of the Company's issued share capital (plus a further 1,525,377 outstanding options granted prior to Admission representing a further 1.31% of the Company's issued share capital).  

Further options or share awards made at the discretion of the Remuneration Committee following the date of this announcement (whether under the Unapproved Share Option Scheme 2021 or any other share scheme) are subject to a cap (inclusive of all other options granted following Admission) not exceeding 10 per cent. of the issued share capital of the Company.

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 / Daphne Zhang / Samuel Littler	+44 (0)20 7383 5100
Berenberg (Broker) Chris Bowman / Mark Whitmore / Mara Grasso	+44 (0)20 3207 7800
Vigo Consulting (Financial Public Relations) Jeremy Garcia / Kendall Hill supreme@vigoconsulting.com	+44 (0)20 7390 0230

The information set out below is provided in accordance with the requirements of Regulation 19(3) of the EU Market Abuse Regulation No 596/2014:  

1

Details of the person discharging managerial responsibilities / person closely associate

a)

Name

Suzanne Smith

2

Reason for the notification

a)

Position/status

Chief Financial Officer 

b)

Initial notification /Amendment

Initial notification

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

Ordinary Shares

Identification code

GB00BDT89C08

b)

Nature of the transaction

Grant of options

c)

Price(s) and volume(s)

Price per share	Volume
10p	174,650

d)

Aggregated Information

Volume

Price

n/a single transaction

e)

Date of transaction

5 August 2022

f)

Place of transaction

Outside a trading venue

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