REG - Nichols PLC - Grant of Options

NicholsAnnouncement

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RNS Number : 7415X  Nichols PLC  24 March 2026

24 March 2026

(the "Company" or the "Group")

Grant of Options

Nichols plc, the diversified soft drinks Group, announces that on 23 March
2026 it made awards of nil cost options over ordinary shares of 10p each
("Awards" and "Ordinary Shares") to certain directors and persons discharging
managerial responsibility ("PDMRs") of the Company.

 

The Awards have been granted over a maximum number of Ordinary Shares shown
below. The Award is being made under the terms of the Nichols Long Term
Incentive Plan ("LTIP"). Vesting will occur on the third anniversary of the
grant date, subject to continued employment and the achievement of the
applicable performance conditions.

In 2025, the Company undertook a full review of its remuneration policy. The
introduction of the LTIP is intended to ensure that the Company's remuneration
arrangements remain competitive, support the attraction and retention of key
talent, align with market practice and the interests of shareholders and
ensure Executive Directors' interests are aligned with the delivery of the
Group's medium‑ to long‑term strategic objectives.

The details of the Awards are as follows:

 

 PDMR           Title                             Number of Ordinary Shares subject to Award
 Andrew Milne   Chief Executive Officer           62,376
 Helen Hartley  UK Packaged Commercial Director   6,058
 Ed Shoebridge  Out of Home Sales Director        7,486
 Gary Brookes   Operations Director               7,407
 Rachel Armer   People Director                   6,662
 Angela Reay    Marketing Director                6,419
 Sarah Caddy    Legal Director                    6,815

 

Contacts

 Nichols plc                                       Telephone: 0192 522 2222

 Andrew Milne, Chief Executive Officer

 Rebecca Hughes, Interim Finance Director

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

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

 Berenberg (Joint Broker)                          Telephone: 0203 207 7800

 Clayton Bush / Alix Mecklenburg-Solodkoff         Website: www.berenberg.de

 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

 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/)

 

 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/)

 

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.     Helen Hartley

                                                                   3.     Ed Shoebridge

                                                                   4.     Gary Brookes

                                                                   5.     Rachel Armer

                                                                   6.     Angela Reay

                                                                   7.     Sarah Caddy
      Reason for the notification
 a)   Position/status                                              1.     Andrew Milne, Chief Executive Officer

                                                                   2.     Helen Hartley, UK Packaged Commercial Director

                                                                   3.     Edward Shoebridge, Out of Home Sales Director

                                                                   4.     Gary Brookes, Operations Director

                                                                   5.     Rachel Armer, People Director

                                                                   6.     Angela Reay, Marketing Director

                                                                   7.     Sarah Caddy, 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                                    Grant of options

 c)   Price(s) and volume(s)
                                                                                     Price(s)          Volume(s)
                                                                                     nil               1.     62,376

                                                                                                       2.     6,058

                                                                                                       3.     7,486

                                                                                                       4.     7,407

                                                                                                       5.     6,662

                                                                                                       6.     6,419

                                                                                                       7.     6,815

 d)   Aggregated information
      - Aggregated volume                                          N/A - single transaction
      - Price
 e)   Date of the transaction                                      23 March 2026
 f)   Place of the transaction                                     Outside a trading venue

 

 

 

 

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