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(Sharecast News) - Supreme revealed on Tuesday that chief executive officer Sandeep Chadha had acquired 500,000 prdonary shares in the AIM-listed consumer goods firm.
Chadha, who has been involved in the management of the company since 1988, purchased the shares on Monday at an average price of 131.81p each, for a total value of 659,054.99.
Following the transaction, Chadha holds a beneficial interest in 64.16m ordinary Supreme shares, representing approximately 54.69% of the company's issued share capital.
As of 1530 BST, Supreme shares were up 2.58% at 134.89p.
Reporting by Iain Gilbert at Sharecast.com
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