TIDMUPGS

UP Global Sourcing Holdings PLC

17 November 2020

17 November 2020

UP Global Sourcing Holdings plc

"Ultimate Products" or the "Group"

VIRTUAL SHOWROOM TOUR, INCLUDING LIVE Q&A

Ultimate Products, the owner, manager, designer and developer of an extensive range of value-focused consumer goods brands, is pleased to announce that Simon Showman, CEO, and Jenny Stewart, Commercial Director, will be hosting a virtual tour of the Group's product showroom in Manor Mill, Oldham.

The tour will take place on Tuesday 1(st) December at 11am. No new information will be disclosed at this event, which is expected to last no more than one hour.

The tour is open to all existing and potential shareholders and registration is free. Questions can be submitted during the tour and will be addressed at the end of it.

To register for the event, please go to: https://zoom.us/webinar/register/9716026716385/WN_CwJP8YnxSuSDNpz7gAoaBQ

For more information please contact:

Equity Development

 
 Hannah Crowe 
 020 7065 2692 
 Freely available research for a MiFID II world. Follow us on twitter: 
  http://twitter.com/#!/equity_research

Notes to Editors

Ultimate Products is an owner, manager, designer and developer of a series of well-known brands focused on the home, selling to over 300 retailers across 38 countries. It has six product categories: Audio; Heating and Cooling; Housewares; Laundry; Luggage; and Small Domestic Appliances. Its brands include Beldray (laundry, floor care, heating and cooling), Intempo (audio), Salter (kitchenware), Constellation (luggage), and Progress (cookware and bakeware).

The Group's products are sold to a broad cross-section of both large national and international multi-channel retailers as well as smaller national retail chains, incorporating discount retailers, supermarkets, general retailers and online retailers. Its best-selling products include frying pans, mugs and speakers, selling approximately one million of each every year.

Founded in 1997, Ultimate Products is headquartered in Oldham, Greater Manchester, where it has design, sales, marketing, buying, quality assurance, support functions and warehouse facilities across two sites. Manor Mill, the Group's head office, includes a spectacular 20,000 sq ft showroom that showcases each of its brands. In addition, the Group has an office and showroom in Guangzhou, China and in Cologne, Germany.

Ultimate Products' graduate development scheme was launched in 2012 and in 2018 it welcomed its one-hundredth graduate. In total, Ultimate Products now employs over 250 staff.

Please note that Ultimate Products is not the owner of Russell Hobbs or Salter. The company currently has licence agreements in place granting it an exclusive licence to use the "Russell Hobbs" trademark for cookware (NB this does not include Russell Hobbs electrical appliances) and the "Salter" trademark for electrical and cookware (NB this does not include Salter scales).

For further information, please visit www.upgs.com

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November 17, 2020 02:00 ET (07:00 GMT)

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