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EBT Share Purchase

Today 07:00

RNS Number : 0930J
Ultimate Products PLC
22 June 2026
 

 

22 June 2026

 

 

Ultimate Products plc

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

 

 EBT Share Purchase

 

Ultimate Products, the owner of leading homeware brands including Salter (the UK's oldest houseware brand, est.1760) and Beldray (est.1872), was notified that on 19 June 2026, JTC Employer Solutions Trustee Limited, in its capacity as trustee ("the Trustee") of the Ultimate Products Employee Benefit Trust (the "EBT"), purchased 32,500 ordinary shares of 0.25 pence each in the capital of the Company ("Ordinary Shares") at a price of 44.81 pence per Ordinary Share.

 

The EBT holds Ordinary Shares for the benefit of the Company's employees and satisfies the vesting of awards made under the Company's share incentive schemes.

 

Following the above transaction, the EBT holds 3,443,481 Ordinary Shares, representing approximately 4.0% of the Company's issued share capital.

 

Investor questions on this announcement

https://investors.upplc.com/link/y0xj0y

 

We encourage all investors to share questions on this announcement via our investor hub

 

For further information, please contact:

Ultimate Products

Andrew Gossage, CEO

Chris Dent, CFO

 

Via our investor hub

Sodali & Co 

Rob Greening / Sam Austrums / Oliver Banks

 

ultimateproducts@sodali.com

Cavendish Capital Markets Limited (Nomad and Joint Broker)

Matt Goode / Callum Davidson / Trisyia Jamaludin (Corporate Finance)

Matt Lewis (Corporate Broking)

+44 (0)20 7220 0500

Shore Capital (Joint Broker)

Malachy McEntyre / Isobel Jones (Corporate Broking)

Mark Percy / David Coaten / Harry Davies-Ball (Corporate Advisory)

+44 (0)20 7408 4090

 

Subscribe to our news alert service:  https://ultp-l.investorhub.com/s/5b213f

 

 

Notes to Editors

Ultimate Products is the owner of leading homeware brands including Salter and Beldray. According to its market research, nearly 80% of UK households own at least one of the Group's products.

 

The Group sells to over 300 retailers in over 30 countries - spanning discounters, supermarkets and general retailers, and ranging from large national and international multi-channel retailers to smaller retail chains. Its products are also available on salter.com and beldray.com, as well as major third-party online marketplaces. The Group specialises in four product categories: Small Domestic Appliances; Housewares; Laundry; and Audio. Other UP brands include Progress (bakeware, cookware and kitchen electrical), Kleeneze (laundry and floorcare), Petra (small domestic appliances), George Wilkinson (cookware and kitchen electrical) and Intempo (audio).

 

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 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. Ultimate Products employs over 300 staff and is certified as a Great Place to Work®. A significant number of its employees joined via the Group's Graduate Development Scheme, one of the biggest in the North West.

 

Please note that Ultimate Products is not the owner of Russell Hobbs. The Group 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).

 

Engage with the Ultimate Products plc management team directly by asking questions and seeing what other shareholders have to say. Navigate to our interactive investor hub here: https://ultp-l.investorhub.com/s/3ffb1d

 

 

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