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UNIVERSAL STORE HOLDINGS LIMITED — Director's Dealing 2021
Sep 21, 2021
65981_rns_2021-09-21_1225f812-50d9-4f62-b1bb-3d3bb22c3d64.pdf
Director's Dealing
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22 September 2021
Market Announcement Office ASX Limited 20 Bridge Street Sydney NSW 2000 Dear Sir/Madam
The Board have been advised of the sale of 68,027 Universal Store Holdings Limited shares by Alice Barbery (Universal Store Chief Executive Officer and Managing Director) over recent days. The shares sold represent approximately 3.05% of Alice’s shareholding in the company pre selldown. Following the sale, Alice still owns approximately 2.16 million shares in the Company.
A significant portion of these shares remain subject to escrow until the release of the FY22 financial results. Alice has advised the Board that the objective of the sale was to modestly rebalance her portfolio, which remains highly invested in Universal Store Holdings Limited shares. Alice has advised that she does not intend to sell further shares before the release of the H1 FY2022 result.
The release of this announcement was authorised by the Board of Directors of Universal Store Holdings Limited.
For more information, please contact:
[email protected]
Alice Barbery Chief Executive Officer +617 3368 6503
About Universal Store
Universal Store is a specialty retailer of youth casual apparel that operates 67 physical stores across Australia and a fast-growing online store.
The Company's strategy is to deliver a frequently changing and carefully curated selection of ontrend apparel products to a target 16–35-year-old fashion focused customer. Universal Store seeks to provide a high level of customer service, consistent price proposition and a welcoming and engaging store environment. It offers a diversity of brands and styles in order to cater to the constantly evolving and widely varied tastes and trends observed in the youth apparel market.
Universal Store Pty Ltd ABN 89 085 003 158 Unit 6/2 Jenner Street, Nundah, Qld 4012 p: 07 3368 6500 f: 07 3368 6516 e: [email protected]
ASX:UNI 9 21