REG - Nichols PLC - Director / PDMR Dealing and Total Voting Rights

NicholsAnnouncement

11/04/2024 18:00

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RNS Number : 3477K  Nichols PLC  11 April 2024

Nichols plc

(the "Company" or "Group")

Director / PDMR Dealing and Total Voting Rights

Nichols plc, the diversified soft drinks Group, announces on 9 April 2024 that
Andrew Milne, Group Chief Executive Officer, and Christine Shillington, People
& Sustainability Director both exercised options over ordinary shares.

Andrew Milne, Group Chief Executive Officer

Andrew Milne exercised 5,436 nil cost options over ordinary shares of 10p each
(the "Awards") in accordance with a share option plan.

The Awards, granted on the 18 December 2020, equal to 50% of Andrew Milne's
annual salary at the date of award, vested on the third anniversary based on
the number of Ordinary Shares purchased and retained over the vesting period
of the Award. The Awards were matched on a 1:1 basis for every Ordinary Share
purchased. No other performance conditions applied.

The intention of the Awards was to assist in meeting an imposed shareholding
guideline of 100% of salary as part of a revised remuneration policy.

Andrew Milne also exercised options over 15,208 ordinary shares of 10p each
in the Company ("Ordinary Shares"), under the Company's Hybrid Incentive
Plan, at an exercise price of nil pence per Ordinary Share.

As a result of the above transactions, Andrew Milne's interest in
the Company is 36,242 Ordinary Shares, representing 0.099% of the issued
share capital.

Christine Shillington, People & Sustainability Director

Christine Shillington exercised options over 1,795 ordinary shares of 10p
each in the Company ("Ordinary Shares"), under the Company's Hybrid Incentive
Plan, at an exercise price of nil pence per Ordinary Share.

As a result of the above transactions, Christine Shillington's interest in
the Company is 3,653 Ordinary Shares, representing 0.010% of the issued
share capital.

Total Voting Rights

In total, 22,439 existing Ordinary Shares were transferred from treasury to
satisfy options exercises.

The issued share capital of the Company consists of 36,968,772 Ordinary Shares
of which 450,711 are held in Treasury. Therefore, the total number of Ordinary
Shares carrying voting rights in the Company is 36,518,061. This figure of
36,518,061 may be used by shareholders as the denominator for the calculations
by which they will determine if they are required to notify their interest, or
a change to their interest, in the Company under the Disclosure Guidance and
Transparency Rules.

 

 

 

Nichols plc                                       Telephone: 0192 522 2222

 Andrew Milne, Chief Executive Officer

 Richard Newman, Chief Financial Officer

 Singer Capital Markets (NOMAD & Broker)           Telephone: 0207 496 3000

 Steve Pearce / Jen Boorer                         Website: www.singercm.com (http://www.singercm.com/)

 Hudson Sandler (Financial PR)                     Telephone: 0207 796 4133

 Alex Brennan / Hattie Dreyfus / Harry Griffiths   Email: nichols@hudsonsandler.com (mailto:nichols@hudsonsandler.com)

 

 Notes to Editors:

 Nichols plc is an international diversified soft drinks business with sales in
 over 60 countries. The Group is home to the iconic Vimto brand which is
 popular in the UK and around the world, particularly in the Middle
 East and Africa. Other brands in its portfolio include SLUSH PUPPiE,
 Starslush, ICEE, Levi Roots and Sunkist.

 For more information about Nichols, visit: www.nicholsplc.co.uk
 (http://www.nicholsplc.co.uk/)

 Notification and public disclosure of transactions by persons discharging
 managerial responsibilities and persons closely associated with them

 

Notes to Editors:

Nichols plc is an international diversified soft drinks business with sales in
over 60 countries. The Group is home to the iconic Vimto brand which is
popular in the UK and around the world, particularly in the Middle
East and Africa. Other brands in its portfolio include SLUSH PUPPiE,
Starslush, ICEE, Levi Roots and Sunkist.

For more information about Nichols, visit: www.nicholsplc.co.uk
(http://www.nicholsplc.co.uk/)

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Andrew Milne

 2    Reason for the notification

 a)   Position/status                                              PDMR (Group Chief Executive Officer)

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Nichols plc

 b)   LEI                                                          213800EF5CMR3K8PND54

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10p each

      Identification code                                          ISIN Code: GB0006389398
 b)   Nature of the transaction                                    1)    Exercise of Ordinary Shares of 10p each under share option plan

                                                                   2)    Exercise of Ordinary Shares of 10p each under Nichols Hybrid
                                                                   Incentive Plan
 c)   Price(s) and volume(s)

                                                                                        Price(s)             Volume(s)
                                                                                        1)   nil pence       5,436
                                                                                        2)   nil pence       15,208

 d)   Aggregated information

      - Aggregated volume                                          N/A - single transactions

      - Price

 e)   Date of the transaction                                      9 April 2024

 f)   Place of the transaction                                     Off market

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Christine Shillington

 2    Reason for the notification

 a)   Position/status                                              PDMR (People & Sustainability Director)

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Nichols plc

 b)   LEI                                                          213800EF5CMR3K8PND54

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10p each

      Identification code                                          ISIN Code: GB0006389398
 b)   Nature of the transaction                                    Exercise of Ordinary Shares of 10p each under Nichols Hybrid Incentive Plan

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                          nil pence            1,795

 d)   Aggregated information

      - Aggregated volume                                          N/A - single transactions

      - Price

 e)   Date of the transaction                                      9 April 2024

 f)   Place of the transaction                                     Off market

 

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