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RNS Number : 1157X Nichols PLC 21 April 2023
21 April 2023
Nichols plc
(the "Company" or "Group')
Cancellation of SAYE Options and PDMR Dealings
The Company announces that certain options granted to the following Persons
Discharging Managerial Responsibility (PDMRs) under the 2021 and 2022 Save as
You Earn (SAYE) schemes have been cancelled as detailed below. Both persons
have made applications to participate in the 2023 SAYE scheme and it is
expected that new options will be granted following approval. A further
announcement will be made in due course.
PDMR
Title
Number of Options Cancelled
Andrew Milne Chief Executive
Officer
1,064
Sarah Caddy Legal
Director
1,668
Contacts
Nichols plc Telephone: 0192 522 2222
Andrew Milne, Group Chief Executive Officer
David Rattigan, Group 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 / Charlotte Cobb / 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 73 countries, selling products in both the Still and Carbonate
categories. 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, Feel Good, Starslush, ICEE, Levi
Roots and Sunkist.
For more information about Nichols, visit: www.nicholsplc.co.uk
(http://www.nicholsplc.co.uk)
This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the company's obligations under Article 17 of
MAR.
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 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 Cancellation of options under the 2021 Save as You Earn (SAYE) scheme.
3-year savings plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
1,015 pence 1,064
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Sarah Caddy
2 Reason for the notification
a) Position/status Legal 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 Cancellation of options under the 2022 Save as You Earn (SAYE) scheme.
3-year savings plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
1,079 pence 1,668
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 11 April 2023
f) Place of the transaction Outside a trading venue
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