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

NicholsAnnouncement

26/04/2024 14:15

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RNS Number : 2614M  Nichols PLC  26 April 2024

 

26 April 2024

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 2024 Save As You Earn Schemes (the "2024 SAYE Scheme") for all eligible
employees, one offering saving plans over 3 years, the other over 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 were
granted on 24 April 2024 at an exercise price of 788 pence in accordance with
the terms of the 2024 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 Wednesday 3 April 2024 to Friday 5 April 2024 prior to the invitation
made to all eligible employees on Wednesday 10 April 2024.

A total of 95 employees have participated in the scheme and 73,941 Options
have been granted representing 0.20% of the Company's issued share capital.

The following Persons Discharging Managerial Responsibility ("PDMRs") have
chosen to participate in the 2024 SAYE Scheme:

 PDMR               Title                            Number of Options Granted
 Richard Newman     Chief Financial Officer          3,807
 Edward Shoebridge  Out of Home Commercial Director  3,807
 Sarah Caddy        Legal Director                   2,284
 Gary Brookes       Operations Director              456

 

Due to their participation in the 2024 SAYE Scheme, certain options granted to
the following PDMRs under the 2023 SAYE scheme have been cancelled as detailed
below.

 PDMR         Title           Number of Options Granted
 Sarah Caddy  Legal Director  2,008

 

Nichols plc                                       Telephone: 0192 522 2222

 Andrew Milne, Chief Executive Officer

 Richard Newman, Chief Financial 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 / Hattie Dreyfus / 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 60 countries. 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,
Starslush, ICEE, Levi Roots and Sunkist.

For more information about Nichols, visit: www.nicholsplc.co.uk
(http://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                                                         Richard Newman

                                                                    Edward Shoebridge

                                                                    Sarah Caddy

                                                                    Gary Brookes
 2     Reason for the notification
 a)    Position/status                                              Richard Newman, Chief Financial Officer

                                                                    Edward Shoebridge, Out of Home Commercial Director

                                                                    Sarah Caddy, Legal Director

                                                                    Gary Brookes, Operations 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 2024 Save as You Earn (SAYE) scheme.

                                                                    Richard Newman - 5-year savings plan

                                                                    Edward Shoebridge - 5-year savings plan

                                                                    Sarah Caddy - 3-year savings plan

                                                                    Gary Brookes - 3-year savings plan
 c)    Price(s) and volume(s)
                                                                                      Price(s)          Volume(s)
                                                                                      788 pence         Richard Newman - 3,807

                                                                                                        Edward Shoebridge - 3,807

                                                                                                        Sarah Caddy - 2,284

                                                                                                        Gary Brookes - 456

 d)    Aggregated information
       - Aggregated volume                                          N/A - single transaction
       - Price
 e)    Date of the transaction                                      24 April 2024
 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                                    Cancellation 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                                      23 April 2024
 f)    Place of the transaction                                     Outside a trading venue

 

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