Shore Capital appointed as Nomad and Joint Broker to Supreme plc
We are delighted to have been appointed as Nomad and Joint Broker to Supreme plc (AIM: SUP).
Based at Trafford Park, Manchester, Supreme is a leading UK manufacturer and distributor of vaping and wellness products that it supplies to leading retailers in addition to branded batteries, lighting, and household consumer goods.
The Group’s distribution network includes supplying leading players in the UK and Ireland such as B&M, Booker, Home Bargains, Poundland, Tesco, Sainsburys, Morrisons, Amazon, The Range, Costcutter, Asda, Halfords and Iceland.
In addition to globally-recognised third-party battery brands such as Duracell, Energizer and Panasonic, and supplying lighting products exclusively under the Energizer, Eveready, Black & Decker and JCB licences across 45 countries, Supreme has also developed in-house proprietary labels, most notably 88Vape and has a growing footprint in Sports Nutrition and Wellness via its principal brands Sci-MX and Battle Bites.
As a highly responsible Group, Supreme recently announced a market-leading number of policies to prevent young people accessing vapes whilst seeking minimise environmental challenges, including working with its retail customers. Additionally, the Group continues to call for UK legislation to licence distribution and challenge the illicit trade.
Supreme plc has a market cap of £126m.
For further information please contact:
Shore Capital: +44 (0) 20 7408 4090
Corporate Advisory: Mark Percy, David Coaten, Rachel Goldstein
Corporate Broking: Ben Canning
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