REG - Nichols PLC - Grant of SAYE Options and PDMR Dealings

NicholsAnnouncement

28/04/2022 14:00

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RNS Number : 7428J  Nichols PLC  28 April 2022

Nichols plc

(the "Company" or "Group")

Grant of SAYE Options and PDMR Dealings

Nichols plc, the diversified soft drinks Group, announces that it has launched
two 2022 Save As You Earn Schemes (the "2022 SAYE Scheme") for all eligible
employees, one offering saving plans over 3 years, the other 5 years.

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 27 April 2022 at an exercise price of 1,079 pence in accordance
with the terms of the 2022 SAYE Scheme. This represents a discount of 20% from
the average mid-market closing price for an Ordinary Share on the 3 business
days from Thursday 31 March 2022 to Monday 4 April 2022 prior to the
invitation made to all eligible employees on Thursday 7 April 2022.

A total of 91 employees have participated in the scheme and 37,742 Options
have been granted representing 0.10% of the Company's issued share capital.

The following Persons Discharging Managerial Responsibility ("PDMRs") have
chosen to participate in the 2022 SAYE Scheme:

PDMR                                   Title                                                                       Options
granted

Sarah Caddy                       Legal Director
 
1,668 (3 years)

Christine Shillington        People and Sustainability
Director                            667 (3 years)

 

Contacts

 

 Andrew Milne, Group Chief Executive Officer

 David Rattigan, Group Chief Financial Officer
 Nichols plc
 Telephone: 0192 522 2222
 Website: www.nicholsplc.co.uk (http://www.nicholsplc.co.uk)

 Alex Brennan / Hattie Dreyfus / Elfie Kent                           Steve Pearce / Rachel Hayes
 Hudson Sandler                                                       Singer Capital Markets (Nominated Adviser & Broker)
 Telephone: 0207 796 4133                                             Telephone: 0207 496 3000
 Email: nichols@hudsonsandler.com (mailto:nichols@hudsonsandler.com)  Website: www.singercm.com (http://www.singercm.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.

 

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                                                         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                                    Grant of Options under the 2022 SAYE Scheme

                                                                   3-year savings plan.
 c)   Price(s) and volume(s)

Price(s)       Volume(s)
                                                                   1,079 pence    1,668

 
 d)   Aggregated information                                       N/A - Single transaction

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      27 April 2022

 f)   Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

- Aggregated volume

- Price

N/A - Single transaction

e)

Date of the transaction

27 April 2022

 

f)

Place of the transaction

Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Christine Shillington

 2    Reason for the notification
 a)   Position/status                                              People and 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                                    Grant of Options under the 2022 SAYE Scheme

                                                                   3-year savings plan.

 c)   Price(s) and volume(s)

Price(s)       Volume(s)
                                                                   1,079 pence    667

 
 d)   Aggregated information                                       N/A - Single transaction

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      27 April 2022

 f)   Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

- Aggregated volume

- Price

N/A - Single transaction

e)

Date of the transaction

27 April 2022

 

f)

Place of the transaction

Outside a trading venue

 

 

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