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Director/PDMR Shareholding

25 Jun 2025 12:09

RNS Number : 3990O
Ultimate Products PLC
25 June 2025
 

 

Ultimate Products plc

("Ultimate Products", "Company" or "the Group")

 

Director/PDMR Shareholding

 

Ultimate Products, the owner of a number of leading homeware brands including Salter (the UK's oldest houseware brand, est.1760) and Beldray (est.1872), announces that it has today been informed of the following PDMR dealings:

 

1. on 25 June 2025, Chris Dent, Chief Financial Officer, purchased 1,992 ordinary shares of 0.25p each ("Ordinary Shares") in the Company at a price of 50.1778 pence per Ordinary Share; and

 

2. on 25 June 2025, David Bloomfield, Supply Chain Director, purchased 19,812 Ordinary Shares at a price of 50.472 pence per Ordinary Share.

 

Further details of the above dealings are set out at the end of this announcement.

 

The person responsible for arranging the release of this announcement on behalf of the Company is Chris Dent, CFO.

 

For more information, please contact:

 

Ultimate Products +44 (0) 161 627 1400

Andrew Gossage, CEO

Chris Dent, CFO

 

Shore Capital +44 (0) 20 7408 4090

Mark Percy (Corporate Advisory)

David Coaten (Corporate Advisory)

Harry Davies-Ball (Corporate Advisory)

Malachy McEntyre (Corporate Broking)

Isobel Jones (Corporate Broking)

 

Cavendish Capital Markets Limited + 44 (0)20 7220 0500

Matt Goode (Corporate Finance)

Callum Davidson (Corporate Finance)

Trisyia Jamaludin (Corporate Finance)

Matt Lewis (Corporate Broking) 

 

Sodali & Co +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 38 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 in Paris, France.

 

Please note that Ultimate Products is not the owner of Russell Hobbs. The company currently has licence agreements in place granting it an exclusive licence to use the "Russell Hobbs" trademark for cookware and laundry (NB this does not include Russell Hobbs electrical appliances).

 

For further information, please visit www.upplc.com.

 

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

Chris Dent

2.

Details of PDMR / person closely associated with them ('PCA')

a)

Position / status

Chief Financial Officer

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Ultimate Products 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 of the financial instrument

Ordinary shares of 0.25p each in the capital of Ultimate Products plc  

ISIN: GB00BYX7MG58

d)

Nature of the transaction

Purchase of Ordinary Shares

e)

Price and volume

 

Type

Price (PENCE)

Volume

Purchase

50.1778

1,992

 

f)

Aggregated information

 

 Aggregated volume

 

 Price

 

Type

Aggregate Price

Aggregate Volume

Purchase

50.1778

1,992

g)

Date of the transaction

25 June 2025

h)

Place of the transaction

London Stock Exchange (XLON)

 

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

David Bloomfield

2.

Details of PDMR / person closely associated with them ('PCA')

a)

Position / status

Supply Chain Director

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Ultimate Products 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 of the financial instrument

Ordinary shares of 0.25p each in the capital of Ultimate Products plc  

ISIN: GB00BYX7MG58

d)

Nature of the transaction

Purchase of Ordinary Shares

e)

Price and volume

 

Type

Price (PENCE)

Volume

Purchase

50.472

19,812

 

f)

Aggregated information

 

 Aggregated volume

 

 Price

 

Type

Aggregate Price

Aggregate Volume

Purchase

50.472

19,812

g)

Date of the transaction

25 June 2025

h)

Place of the transaction

London Stock Exchange (XLON)

 

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