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28 Feb 2018 11:41
UP Global Sourcing Holdings plc
 "Ultimate Products" or "the Group"
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Director share trade
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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.Â
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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).
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For more information, please contact:
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Ultimate Products | +44 (0) 161 627 1400Simon Showman, CEO Andrew Gossage, Managing DirectorGraham Screawn, Finance Director
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Powerscourt | +44 (0) 207 250 1446 Rob Greening Isabelle Saber Sam Austrums |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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  | 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) Â | LEI Â Â | 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) Â | Price(s) and volume(s) Â Â | Â
  | ||||
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) | ||||
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