Grant of SAYE Options and PDMR Dealings
3 June 2026
(the "Company" or the "Group")Grant of SAYE Options and PDMR Dealings
Nichols plc, the diversified soft drinks Group, announces the launch of its 2026 Save As You Earn Schemes (the "2026 SAYE Scheme") for all eligible employees, offering a saving plan over 3 years.
Eligible employees were invited to subscribe for options ("Options") over the Company's ordinary shares of 10p each in the Company ("Ordinary Shares") which have been granted on 24 April 2026 at an exercise price of 736 pence in accordance with the terms of the 2026 SAYE Scheme. This represents a discount of 20% from the average mid-market closing price over three business days from Wednesday 25 March 2026 to Friday 27 March 2026 prior to the invitation made to all eligible employees on Monday 30 March 2026. The Options are exercisable from April 2029 and April 2031 respectively.
A total of 100 employees have participated in the scheme and 73,644 Options have been granted representing 0.20% of the Company's issued share capital.
The following Persons Discharging Managerial Responsibility ("PDMRs") have chosen to participate in the 2026 SAYE Scheme:
PDMR
Title
Number of Options Granted
Andrew Milne
Chief Executive Officer
2,472
Helen Hartley
UK Packaged Commercial Director
2,472
Matthew Nichols
International Packaged Commercial Director
1,236
Gary Brookes
Operations Director
989
Rachel Armer
People Director
1,483
Contacts
Nichols plc
Andrew Milne, Chief Executive Officer
Matthew Rothwell, Chief Financial Officer
Telephone: 0192 522 2222
Singer Capital Markets (NOMAD & Broker)
Jen Boorer / Sara Hale
Telephone: 0207 496 3000
Website: www.singercm.com
Berenberg (Joint Broker)
Clayton Bush / Alix Mecklenburg-Solodkoff
Telephone: 0203 207 7800
Website: www.berenberg.de
Hudson Sandler (Financial PR)
Alex Brennan / Hattie Dreyfus / Harry Griffiths
Telephone: 0207 796 4133
Email: nichols@hudsonsandler.com
Notes to Editors
Established in 1908, Nichols operates within the resilient soft drinks category and owns or licenses several brands. Nichols is geographically and operationally diversified, operating across three routes to market of UK Packaged, International Packaged and Out of Home.
In the UK, Nichols operates across five soft drinks sub-categories: squash, flavoured carbonates, fruit drinks, energy and flavoured water. Nichols' portfolio includes the iconic Vimto brand plus a growing portfolio of licensed brands including Levi Roots, ICEE, SLUSH PUPPiE and Sunkist.
Under its asset-light model, Vimto is prominent in areas such as the Middle East and Africa and is enjoyed in over 60 countries worldwide.
For more information, visit the website: https://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
1. Andrew Milne
2. Helen Hartley
3. Matthew Nichols
4. Gary Brookes
5. Rachel Armer
Reason for the notification
a)
Position/status
1. Andrew Milne, Chief Executive Officer
2. Helen Hartley, UK Packaged Commercial Director
3. Matthew Nichols, International Packaged Commercial Director
4. Gary Brookes, Operations Director
5. Rachel Armer, People 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
Identification codeOrdinary Shares of 10p each
ISIN Code: GB0006389398b)
Nature of the transaction
Grant of options under the 2026 Save as You Earn (SAYE) scheme.
3-year savings plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
736 pence
1. 2,472
2. 2,472
3. 1,236
4. 989
5. 1,483
d)
Aggregated information
- Aggregated volume
Volume: 8,652
- Price
Price: 736 pence
e)
Date of the transaction
24 April 2026
f)
Place of the transaction
Outside a trading venue
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