Grant of Options
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.
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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 | T otal 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.
| 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 |
| a) | Name | Supreme plc |
| b) | LEI | 213800DBHCI5WQWECL16 |
| 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 |
| a) | Name | Supreme plc |
| b) | LEI | 213800DBHCI5WQWECL16 |
| 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 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.