28th Feb 2018 11:41
UP Global Sourcing Holdings plc
"Ultimate Products" or "the Group"
Director share trade
Ultimate Products, the owner, manager, designer and developer of an extensive range of value-focused consumer goods brands, announces that it has received notification that, Barry Franks, Non-Executive Director, on 27 February 2018 gifted, for nil consideration, 3,000,000 ordinary shares of 0.25p each ("Ordinary Shares") to his adult children and grandchildren (together the "Beneficiaries"). As a result, Mr. Frank's is now interested in 7,270,400 Ordinary Shares, representing 8.85% of the Company's issued share capital.
The Beneficiaries are subject to the Lock-up arrangements set out in paragraph 6 of Part 11 of the Prospectus published by the Company on 1 March 2017 ("the Prospectus"). The Prospectus can be found on the Company's website (http://www.upgs.com/wp-content/uploads/2017/08/Prospectus-PDF-Reduced-Size.pdf).
For more information, please contact:
Ultimate Products | +44 (0) 161 627 1400Simon Showman, CEO Andrew Gossage, Managing DirectorGraham Screawn, Finance Director
|
Powerscourt | +44 (0) 207 250 1446 Rob Greening Isabelle Saber Sam Austrums |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Barry Eric Franks | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Non-Executive Director | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
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
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 0.25p each in the capital of UP Global Sourcing Holdings plc
GB00BYX7MG58
| ||||
b)
| Nature of the transaction
| Gift of ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
3,000,000
Nil Cost | ||||
e)
| Date of the transaction
| 28/02/2018 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Related Shares:
Up Global