London Stock Exchange welcomes Supreme plc to AIM
Supreme plc has achieved a market capitalisation of over £156 million by successfully raising £67.5 million in an oversubscribed placing, as it joined AIM on Monday, 1 February 2021.
As a leading manufacturer, supplier and brand owner of fast-moving consumer products, Supreme has myriad capabilities spanning from product development and manufacturing through to its extensive retail distribution network and direct to consumer capabilities. This platform provides an excellent route to market for well-known brands and products.
Across its five key categories of batteries, lighting, vaping, sports nutrition & wellness, and household consumer goods, Supreme is exposed to some exciting high growth industries, and has market leading positions in certain categories. This provides the opportunity to build upon the impressive growth that the group has achieved in recent years.
Supreme’s listing, management believe will enable the group to fully execute on its growth strategy, as well as raise its profile during what is set to be an exciting period for the group.
Sandy Chadha, CEO, said: “We are thrilled to have joined London Stock Exchange’s AIM as we look towards the next phase of Supreme’s development. The support that we have received from investors has been fantastic and we look forward to life as a listed business.”
For more information visit: www.investors.supreme.co.uk