UP Global Sourcing Holdings PLC Change of Name (7529R)
October 30 2023 - 10:45AM
UK Regulatory
TIDMUPGS
RNS Number : 7529R
UP Global Sourcing Holdings PLC
30 October 2023
30 October 2023
Ultimate Products plc (previously, UP Global Sourcing Holdings
plc)
("Ultimate Products", the "Company" or the "Group")
Change of Name
The Company is pleased to announce that it has changed its name
to Ultimate Products plc. The Company confirms that the name change
took effect on 26 October 2023.
The new name will be reflected by the London Stock Exchange and
the Company's London Stock Exchange market ticker will change to
'ULTP' at 8.00 a.m. (BST) on 31 October 2023. The Company's ISIN
(GB00BYX7MG58) and SEDOL (BYX7MG5) will remain unchanged.
In order to reflect the Company's new name, the Company's
website address will be changed to www.upplc.com with effect from
8.00 a.m. (BST) on 31 October 2023.
Shareholder documents of title will be unaffected by the change
of name and existing share certificates should be retained and
remain valid. Any new share certificates issued will bear the new
name, Ultimate Products plc.
For more information, please contact:
Ultimate Products +44 (0) 161 627 1400
Simon Showman, CEO
Andrew Gossage, Managing Director
Chris Dent, Chief Financial Officer
Shore Capital +44 (0) 207 408 4090
Mark Percy
David Coaten
Iain Sexton
Malachy McEntyre
Isobel Jones
Cavendish Capital Markets Limited + 44 (0)20 7220 0500
Carl Holmes
Matt Goode
Abigail Kelly
Charlotte Sutcliffe
Powerscourt +44 (0) 207 250 1446
Rob Greening
Sam Austrums
Oliver Banks
Notes to Editors
Ultimate 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). According to its
market research, nearly 80% of UK households own at least one of
the Group's products.
Ultimate Products sells to over 300 retailers across more than
40 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).
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.
Founded in 1997, Ultimate Products employs over 370 staff, a
significant number of whom have joined via the Group's graduate
development scheme, and 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 Paris, France.
Please note that Ultimate Products is not the owner of Russell
Hobbs. The Company 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).
For further information, please visit www.upgs.com
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END
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