UP Global Sourcing Holdings (GB:ULTP) has released an update.
Ultimate Products, the company behind popular homeware brands like Salter and Beldray, has announced through its trustee, the Ultimate Products Employee Benefit Trust, the acquisition of 18,950 ordinary shares at 143.98 pence each. This purchase is part of the company’s share incentive schemes for employees, bringing the EBT’s total holdings to about 2.8% of the company’s issued share capital. Ultimate Products continues to be a significant presence in UK homes, with a claim that nearly 80% of them own at least one product from the group’s diverse brand portfolio.
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