Business
Schedule One - Ultimate Products PLC
Ultimate Products plc is transitioning its listing from the London Stock Exchange's Main Market to AIM, with admission expected on January 15, 2026, and no capital being raised on admission, maintaining an approximate market capitalization of £50 million. The company, which operates primarily in the United Kingdom and sells homeware brands like Salter and Beldray to over 300 retailers in 30 countries, will adhere to the QCA Corporate Governance Code post-admission. Directors confirm sufficient working capital for at least twelve months, and there have been no significant changes in the financial or trading position since July 31, 2025. Disclaimer*
About this update from Ultimate Products Plc
[{"type":"text","content":"\n\n \n \n\n\n\n\nANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES (\"AIM RULES\")\n\n\n\n\n\n\n\n\n\nCOMPANY NAME:\n\n\n\n\nUltimate Products plc (\"Ultimate Products\", the \"Company\" or \"Group\")\n \n\n\n\n\nCOMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :\n\n\n\n\nManor Mill\nVictoria Street\nChadderton\nOldham\nGreater Manchester\nOL9 0DD\n \nRegistered office is same as principal trading address.\n \n\n\n\n\nCOUNTRY OF INCORPORATION:\n\n\n\n\nUnited Kingdom\n \n\n\n\n\nCOMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:\n\n\n\n\nhttps://upplc.com/\n \n\n\n\n\nCOMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:\n\n\n\n\nUltimate Products is the owner of a number of leading homeware brands including Salter (the UK's oldest houseware brand, established in 1760) and Beldray (a laundry, floor care, heating and cooling brand that was established in 1872).\n \nThe Company is currently listed on the Equity Shares (Commercial Companies) category of the Official List and admitted to trading on the Main Market of the London Stock Exchange.\n \nUltimate Products sells to over 300 retailers over 30 countries and specialises in five product categories: Small Domestic Appliances; Housewares; Laundry; Audio; and Heating and Cooling. Other brands include Progress (cookware and bakeware), Kleeneze (laundry and floorcare), Petra (small domestic appliances) and Intempo (audio).\n \nThe Group also has licence agreements granting it an exclusive licence to use the \"Russell Hobbs\" trademark for cookware and laundry (excluding Russell Hobbs electrical appliances).\n \nThe 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.\n \nFounded in 1997, Ultimate Products employs over 300 staff, a significant number of whom have joined via the Group's graduate development scheme...