Business
Grant of Options and Director Dealing
Grant of Options and Director Dealing.
About this update from Supreme Plc
[{"type":"text","content":"\n\n1 December 2023\n \nSupreme plc\n(\"Supreme\" or the \"Company\" or the \"Group\")\nGrant of Options\nand\nDirector Dealing\n \n \nSupreme plc (AIM: SUP), a leading manufacturer, supplier and brand owner of fast-moving consumer products, announces that on 30 November 2023, Suzanne Smith, Chief Finance Officer of the Company, was granted options (\"Options\") under the Company's Unapproved Share Option Scheme 2021.\nThe Options entitle Suzanne to acquire up to a maximum of 157,516 ordinary shares of 10p each in the capital of the Company (\"Shares\") at 10p per Share, subject to the satisfaction of certain stretching performance conditions and continued employment.\nThe performance conditions for the exercise of the Options are split equally between a total shareholder return per share target and a cumulative adjusted earnings per share target for the three-year period from 1 April 2023 to 31 March 2026.\nFollowing this grant, Suzanne holds options over 455,948 Shares in the Company.\nIn addition, and on the same date, the Company granted to another employee of the Group Options to acquire up to 58,506 ordinary shares of 10p each on the same basis as above.\nFollowing the grant of the Options, the Company will have options outstanding over 7,511,835 Shares, representing 6.40% of the Company's issued share capital.\nEnquiries:\n \n\n\n\n\nSupreme plc\nSandy Chadha, Chief Executive Officer\nSuzanne Smith, Chief Finance Officer\n \n\n\nvia Vigo Consulting\n\n\n\n\nShore Capital (Nominated Adviser and Joint Broker)\nMark Percy / David Coaten / Rachel Goldstein - Corporate Advisory\nBen Canning - Corporate Broking\n \n\n\n+44 (0)20 7408 4090\n\n\n\n\nZeus (Joint Broker)\nJordan Warburton / Alex Campbell-Harris - Investment Banking\nBenjamin Robertson - Corporate Broking\n \n\n\n+44 (0)161 831 1512\n\n\n\n\nVigo Consulting (Financial Public Relations)\nJeremy Garcia / Kendall Hill\[email protected]\n\n\n+44 (0)20 7390 0230\n\n\n\n\n \n \nFurther 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.\n \n\n\n\n\n1\n \n\n\nDetails of the person discharging ma...