KMD Brands CEO Scrimshaw increases stake with share purchases

** Brentley James Scrimshaw, the Group Chief Executive Officer and Managing Director of KMD Brands Limited (NZX:KMD), has acquired an additional 468,750 ordinary shares in the company via on-market transactions executed between April 15 and April 16, 2025. The total consideration for these purchases amounted to NZD159,768.68, with an average price of NZD0.34 per share. Following the acquisition, Scrimshaw now holds 468,750 shares beneficially through BAAS 13 Pty Ltd as trustee for Scrimshaw Family Trust and another 54,545 through Sea Dog Investment Pty Ltd as Trustee for B & A Scrimshaw Superannuation Fund. The disclosure indicates the purchases were made outside of a closed period, as KMD Brands does not have a trading policy prohibiting directors or senior managers from trading during any period without written clearance. The previous disclosure was on April 4, 2024.