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Ultimate Products Boosts Employee Shareholdings with EBT Purchase

Ultimate Products Boosts Employee Shareholdings with EBT Purchase

UP Global Sourcing Holdings (GB:ULTP) has released an update.

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Ultimate Products PLC has announced that its Employee Benefit Trust has purchased 20,000 ordinary shares at 123.0 pence each, raising its total holding to approximately 2.96% of the company’s share capital. This move supports the company’s commitment to its employee share incentive schemes, providing a stake in the homeware brand’s future growth. Ultimate Products, known for brands like Salter and Beldray, continues to expand its presence across various retail sectors worldwide.

For further insights into GB:ULTP stock, check out TipRanks’ Stock Analysis page.

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