REG - Nichols PLC - Grant of Options

NicholsAnnouncement

24/04/2026 07:00

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RNS Number : 7424B  Nichols PLC  24 April 2026

24(th) April 2026

(the "Company" or the "Group")

Grant of Options

Nichols plc, the diversified soft drinks Group, announces that on 20 April
2026 it made awards of nil cost options over ordinary shares of 10p each
("Awards" and "Ordinary Shares") to Matthew Rothwell, a person discharging
managerial responsibility ("PDMR") 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").

Two awards have been granted to Matthew Rothwell as follows:

An annual Long Term Incentive Plan ("LTIP") award, which will vest on the
third anniversary of the grant date, subject to continued employment and the
achievement of the applicable performance conditions.

A further award, in accordance with the offer detailed in the Company's 2025
Annual Report, has been granted to compensate for incentives forfeited upon
joining the Group. This replacement award will vest in three equal tranches on
the first, second and third anniversaries of the grant date, namely 20 April
2027, 20 April 2028, and 20 April 2029, subject to continued employment within
the Group. No additional performance conditions apply to this award. The
market value of the award at grant was £150,000.

 

The details of the Awards are as follows:

 

 PDMR              Title                    Number of Ordinary Shares subject to LTIP Award  Number of Ordinary Shares subject to Replacement Award
 Matthew Rothwell  Chief Financial Officer  38506                                            16095

 

Contacts

 Nichols plc                                       Telephone: 0192 522 2222

 Andrew Milne, Chief Executive Officer

 Matthew Rothwell, Chief Financial Officer

 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.     Matthew Rothwell
      Reason for the notification
 a)   Position/status                                              1.     Matthew Rothwell, Chief Financial 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.     Grant of options under LTIP

                                                                   2.     Grant of options under replacement award
 c)   Price(s) and volume(s)
                                                                                     Price(s)          Volume(s)
                                                                                     nil               1.     38506

                                                                                                       2.     16095

 d)   Aggregated information
      - Aggregated volume                                          N/A - single transaction
      - Price
 e)   Date of the transaction                                       20(th) April 2026
 f)   Place of the transaction                                     Outside a trading venue

 

 

 

 

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