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RNS Number : 7522X Nichols PLC 27 April 2023
27 April 2023
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 2023 Save As You Earn Schemes (the "2023 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 26 April 2023 at an exercise price of 896 pence in accordance
with the terms of the 2023 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 Friday 31 March 2023 to Tuesday 4 April 2023 prior to the invitation
made to all eligible employees on Tuesday 11 April 2023.
A total of 99 employees have participated in the scheme and 64,221 Options
have been granted representing 0.17% of the Company's issued share capital.
The following Persons Discharging Managerial Responsibility ("PDMRs") have
chosen to participate in the 2023 SAYE Scheme:
PDMR
Title
Number of Options Granted
Andrew Milne Chief Executive
Officer
1,205
Sarah Caddy Legal
Director
2,008
Matthew Nichols International
Director
1,674
Nicholas Gamble UK Commercial
Director
2,008
Gary Brookes Supply Chain
Director
401
Contacts
Nichols plc Telephone: 0192 522 2222
Andrew Milne, Group Chief Executive 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 Grant of options under the 2023 Save as You Earn (SAYE) scheme.
3-year savings plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
896 pence 1,205
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 26 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 Grant of options under the 2023 Save as You Earn (SAYE) scheme.
3-year savings plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
896 pence 2,008
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 26 April 2023
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Matthew Nichols
2 Reason for the notification
a) Position/status International Commercial 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 2023 Save as You Earn (SAYE) scheme.
5-year savings plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
896 pence 1,674
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 26 April 2023
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nicholas Gamble
2 Reason for the notification
a) Position/status UK Commercial 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 2023 Save as You Earn (SAYE) scheme.
3-year savings plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
896 pence 2,008
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 26 April 2023
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Gary Brookes
2 Reason for the notification
a) Position/status Supply Chain 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 2023 Save as You Earn (SAYE) scheme.
3-year savings plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
896 pence 401
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 26 April 2023
f) Place of the transaction Outside a trading venue
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