UP Global Sourcing Holdings PLC Director / PDMR Shareholding (7718Q)
March 01 2021 - 11:50AM
UK Regulatory
TIDMUPGS
RNS Number : 7718Q
UP Global Sourcing Holdings PLC
01 March 2021
1 March 2021
UP Global Sourcing Holdings PLC
"Ultimate Products" or "the Company" or "the Group"
Persons discharging managerial responsibilities "PDMR"
shareholding
Ultimate Products, the owner, manager, designer and developer of
an extensive range of value-focused consumer goods brands,
announces that on 26 February 2021 Graham Screawn transferred in
aggregate 27,664 ordinary shares of 0.25p each ("Ordinary Shares")
from a personal holding into his and his wife's ISA at a price of
143.5p, there is no change to his beneficial interest.
For more information please contact:
UP Global Sourcing Holdings +44 (0) 161 627 1400
plc Simon Showman, CEO
Andrew Gossage, Managing Director
Graham Screawn, Chief Financial
Officer
Powerscourt +44 (0) 207 250 1446
Rob Greening
Sam Austrums
Pursuant to the notification obligations in accordance with
Article 19 of the Market Abuse Regulation (MAR)
1. Details of PDMR / person closely associated with them
( 'PCA')
a) Name Graham Screawn
------------------------------------------------------------ ---------------------------------------------------
2. Details of PDMR / person closely associated with them
( 'PCA')
-----------------------------------------------------------------------------------------------------------------
a) Position / Graham Screawn - Chief Financial Officer
status
------------------------------------------------------------ ---------------------------------------------------
b) Initial notification 1 March 2021
/ amendment
------------------------------------------------------------ ---------------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------------------------------------
a) Name UP Global Sourcing Holdings Plc
------------------------------------------------------------ ---------------------------------------------------
b) LEI 213800Q5GWTVIW6KJW33
------------------------------------------------------------ ---------------------------------------------------
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
-----------------------------------------------------------------------------------------------------------------
c) Description Ordinary shares of 0.25p each in the capital
of the financial of UP Global Sourcing Holdings plc
instrument ISIN: GB00BYX7MG58
------------------------------------------------------------ ---------------------------------------------------
d) Nature of the Sale and repurchase of shares
transaction
------------------------------------------------------------ ---------------------------------------------------
e) Price(s) and Price(s) (PENCE) Volume(s)
volume(s) Graham Screawn 143.5p 27,664
----------------- ----------
Graham Screawn 143.5p 13,832
----------------- ----------
Janet Screawn 143.5p 13,832
------------------------------------------------------------ ---------------------------------------------------
f) Aggregated
information
Aggregated 27,664 (sold) & 27,664 (purchased)
volume
143.5p
Price
------------------------------------------------------------ ---------------------------------------------------
g) Date of the 26 February 2021
transaction
------------------------------------------------------------ ---------------------------------------------------
h) Place of the London Stock Exchange (XLON)
transaction
------------------------------------------------------------ ---------------------------------------------------
Notes to Editors
Ultimate Products is an owner, manager, designer and developer
of a series of well-known brands focused on the home, selling to
over 300 retailers across 37 countries. It has five product
categories: Small Domestic Appliances; Housewares; Audio; Laundry;
and Heating and Cooling. Its brands include Beldray (laundry, floor
care, heating and cooling), Intempo (audio), Kleeneze (laundry);
Salter (kitchenware), and Progress (cookware and bakeware).
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. Its
best-selling products include frying pans, mugs and speakers,
selling approximately one million of each every year.
Founded in 1997, Ultimate Products 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 in Cologne, Germany.
Ultimate Products' graduate development scheme was launched in
2012 and in 2018 it welcomed its one-hundredth graduate. In total,
Ultimate Products now employs over 250 staff.
Please note that Ultimate Products is not the owner of Russell
Hobbs or Salter. The company currently 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) and the "Salter" trademark for electrical
and cookware (NB this does not include Salter scales).
For further information, please visit www.upgs.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHBRGDXISGDGBB
(END) Dow Jones Newswires
March 01, 2021 12:50 ET (17:50 GMT)
Ultimate Products (LSE:ULTP)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ultimate Products (LSE:ULTP)
Historical Stock Chart
From Apr 2023 to Apr 2024