Supreme PLC (GB:SUP) has released an update.
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Supreme PLC’s CEO Sandy Chadha sold 1.6 million shares at 160p each to an institutional investor, a move that still leaves him with a 56.31% stake in the company. This decision was made to satisfy growing investor demand. Supreme PLC is a significant player in multiple consumer goods markets, including vaping, sports nutrition, and soft drinks, and boasts a strong retail distribution network.
For further insights into GB:SUP stock, check out TipRanks’ Stock Analysis page.