Grant of Options

Summary by AI BETAClose X

Supreme PLC announced on July 9, 2026, that its CEO, Sandy Chadha, and CFO, Suzanne Smith, were granted unapproved share options under the SIP 2024. Mr. Chadha received options for 149,999 ordinary shares at an exercise price of 10p, and Ms. Smith received options for 80,768 ordinary shares at the same price. These options vest on March 31, 2028, and are subject to continued employment, with the grant reflecting FY26 performance where 60% of stretch targets were achieved. Following this, Mr. Chadha holds options over 149,999 shares and Ms. Smith over 433,657 shares. The company also granted options for 32,100 shares to another employee, bringing the total outstanding options to 855,320, representing 0.73% of the issued share capital.

Disclaimer*

Supreme PLC
09 July 2026
 

9 July 2026

 

Supreme plc

("Supreme", the "Company" or the "Group")

 

Grant of Options

 

Supreme (AIM: SUP), a leading brand owner, manufacturer, and supplier of fast-moving consumer goods, announces that, on 8 July 2026, Sandy Chadha, Chief Executive Officer of the Company and Suzanne Smith, Chief Finance Officer of the Company, were granted the following unapproved share options ("Options") over ordinary shares of 10p each in the capital of the Company ("Shares") under the Supreme Incentive Plan 2024 ("SIP 2024"):

Name

Option Shares

 

Sandy Chadha

149,999

Suzanne Smith

 80,768

 

The Options entitle Sandy Chadha and Suzanne Smith to acquire up to the maximum number of Shares set out above at an exercise price of 10p per Share, subject to continued employment. The Options will vest on 31 March 2028 and will expire on the tenth anniversary of the grant date. 

The Options have been granted in respect of Supreme's FY26 performance under the SIP 2024, pursuant to which Sandy Chadha and Suzanne Smith each had the opportunity to earn up to 200% of salary assessed against a mixture of Adjusted EBITDA (80%) and strategic and personal targets (20%). The total achievement against the stretch performance targets was 60%.

Following this grant, Sandy Chadha and Suzanne Smith each hold options over the following Shares in the Company:

Name

Total options over Shares

 

Sandy Chadha

149,999

Suzanne Smith

433,657

 

In addition, and on the same date, the Company granted to another employee of the Group Options to acquire up to 32,100 Shares on the same basis as above.

Following the grant of the Options, the Company will have options outstanding over 855,320 Shares, representing 0.73% of the Company's issued share capital.

Enquiries:

 

Supreme plc

Sandy Chadha, Chief Executive Officer

Suzanne Smith, Chief Finance Officer

 

via Vigo Consulting

Shore Capital (Nominated Adviser and Joint Broker)

Mark Percy / David Coaten / George Payne - Corporate Advisory

Ben Canning - Corporate Broking

 

+44 (0)20 7408 4090

Zeus (Joint Broker)

Jordan Warburton / Emma Burn - Investment Banking

Benjamin Robertson - Corporate Broking

 

+44 (0)161 831 1512

Vigo Consulting (Financial Public Relations)

Jeremy Garcia / Safia Colebrook / Georgina Moul supreme@vigoconsulting.com

+44 (0)20 7390 0230

 

Further 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.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Sandy Chadha

2

Reason for the notification

a)

 

Position/status

 

Chief Executive Officer 

b)

 

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

 

Supreme plc

b)

 

LEI

 

  213800DBHCI5WQWECL16

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

a)

Description of the financial instrument, type of instrument

 

Ordinary Shares of 10p each

Identification code

  GB00BDT89C08



b)

 

Nature of the transaction

 

 

Grant of options

c)

 

Price(s) and volume(s)

 

Price per share

Volume

10 pence

149,999

 

d)

Aggregated Information

 

Volume

 

Price

 n/a single transaction

 

e)

Date of transaction

8 July 2026

f)

Place of transaction

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Suzanne Smith

2

Reason for the notification

a)

 

Position/status

 

Chief Finance Officer 

b)

 

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

 

Supreme plc

b)

 

LEI

 

  213800DBHCI5WQWECL16

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

a)

Description of the financial instrument, type of instrument

 

Ordinary Shares of 10p each

Identification code

  GB00BDT89C08



b)

 

Nature of the transaction

 

 

Grant of options

c)

 

Price(s) and volume(s)

 

Price per share

Volume

10 pence

80,768

 

d)

Aggregated Information

 

Volume

 

Price

 n/a single transaction

 

e)

Date of transaction

8 July 2026

f)

Place of transaction

Outside a trading venue

 

About Supreme

 

Supreme supplies products across three operating divisions: Vaping (previously known as 'Vaping' and 'Branded Distribution'), Drinks & Wellness ('Sports Nutrition & Wellness' combined with Typhoo Tea, Clearly Drinks and the newly acquired SlimFast brand), and Electricals & Household (previously 'Batteries' and 'Lighting', also including the recently acquired 1001 cleaning brand). The Company's capabilities span from product development and manufacturing through to its extensive retail distribution network and direct to consumer capabilities. This vertically integrated platform provides an excellent route to market for well-known brands and products.

 

The Group has over 3,000 active business accounts with around 55,000 retail outlets. Customers include B&M, Home Bargains, Poundland, Tesco, Sainsbury's, Morrisons, Amazon, The Range, Costcutter, Asda, Halfords, Iceland, Waitrose, Aldi and HM Prison & Probation Service.

 

In addition to distributing globally-recognised brands such as Duracell, Energizer and Panasonic, and supplying lighting products exclusively under the Energizer, Eveready, Black & Decker and JCB licences across 45 countries, Supreme has also built a strong portfolio of in-house brands, most notably 88Vape. The Company has a growing footprint in Sports Nutrition & Wellness via its principal Sci-MX brand and has recently expanded into the soft drinks and hot beverages markets with the acquisitions of Typhoo Tea and Clearly Drinks and now into weight management through SlimFast, one of the UK's leading meal replacement brands.

 

https://investors.supreme.co.uk/

 

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Supreme (SUP)
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