REG - Nichols PLC - Exercise of Options, Director/PDMR Dealing & TVR

NicholsAnnouncement

29/05/2025 17:00

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RNS Number : 6737K  Nichols PLC  29 May 2025

29 May 2025

Nichols plc

(the "Company" or "Group")

Exercise of Options, Director / PDMR Dealing & Total Voting Rights

Nichols plc, the diversified soft drinks Group, announces that on 28 May 2025
share options ("Share Options") were exercised over, in aggregate, 39,206
ordinary shares of 10 pence each in the Company ("Ordinary Shares") under the
Company's Hybrid Incentive Plan at an exercise price of nil pence per Ordinary
Share. To satisfy the exercise of Share Options, 39,206 Ordinary Shares have
been transferred out of treasury.

Following the exercise of Share Options, certain Directors and Employees of
the Company sold Ordinary Shares in order to satisfy tax liabilities resulting
from the exercise of Share Options. Details of those Persons Discharging
Managerial Responsibilities ("PDMRs") who exercised Share Options and
subsequently sold Ordinary Shares are as follows:

 PDMR          Title                                       Number of Share Options exercised  Number of Ordinary Shares sold to satisfy tax liabilities  Resulting shareholding  Percentage of total voting rights
 Andrew Milne  Group Chief Executive Officer               30,435*                            12,783                                                     53,894                  0.147%
 Sarah Caddy   Legal Director                              3,569                              3,069**                                                    500                     0.001%
 Gary Brookes  Supply Chain & Sustainability Director      2,152                              904                                                        1,248                   0.003%

*The total number of Share Options exercised by Andrew Milne includes the
deferred element of the award from grant, being 27,572 Ordinary Shares, and
dividend equivalents on the deferred element of the award for the period
between assessment and payout, being 2,863 Ordinary Shares.

** Ordinary Shares sold by Sarah Caddy were used to satisfy tax liabilities
and for personal reasons.

Total Voting Rights

The issued share capital of the Company consists of 36,968,772 Ordinary Shares
of which 399,204 are held in Treasury. Therefore, the total number of Ordinary
Shares carrying voting rights in the Company is 36,569,568. This figure of
36,569,568 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.

 

Enquiries:

 Nichols plc                                             0192 522 2222

 Andrew Milne, Chief Executive Officer

 David Taylor, Interim Finance Director

 Singer Capital Markets (Nominated Adviser and Broker)   0207 496 3000

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

 Tom Salvesen

 Oliver Platts

 Berenberg (Joint Broker)                                0203 207 7800

 Clayton Bush

 Alix Mecklenburg-Solodkoff                              Website: www.berenberg.de (http://www.berenberg.de)

 Hudson Sandler (Financial PR)                           0207 796 4133

 Alex Brennan

 Hattie Dreyfus                                          Email: nichols@hudsonsandler.com (mailto:nichols@hudsonsandler.com)

 Harry Griffiths

 

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/
(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.     Sarah Caddy

                                                                   3.     Gary Brookes
 2    Reason for the notification

 a)   Position/status                                              1.     PDMR (Group Chief Executive Officer)

                                                                   2.     PDMR (Legal Director)

                                                                   3.     PDMR (Supply Chain & 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 Share Options over Ordinary Shares under Nichols Hybrid Incentive

                                                                 Plan

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         1.     Nil pence      30,435
                                                                                         2.     Nil pence      3,569
                                                                                         3.     Nil pence      2,152

 d)   Aggregated information

      - Aggregated volume                                          N/A - single transactions

      - Price

 e)   Date of the transaction                                      28 May 2025

 f)   Place of the transaction                                     Off market

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         1.     Andrew Milne

                                                                   2.     Sarah Caddy

                                                                   3.     Gary Brookes
 2    Reason for the notification

 a)   Position/status                                              1.     PDMR (Group Chief Executive Officer)

                                                                   2.     PDMR (Legal Director)

                                                                   3.     PDMR (Supply Chain & 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                                    Sale of Ordinary Shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)                Volume(s)
                                                                                     1.     1,250 pence      12,783
                                                                                     2.     1,250 pence      3,069
                                                                                     3.     1,250 pence      904

 d)   Aggregated information

      - Aggregated volume                                          N/A - single transactions

      - Price

 e)   Date of the transaction                                      28 May 2025

 f)   Place of the transaction                                     London Stock Exchange

 

 

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