REG - Nichols PLC - Grant of Options & PDMR Dealings

NicholsAnnouncement

26/03/2025 07:15

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RNS Number : 1370C  Nichols PLC  26 March 2025

26 March 2025

(the "Company" or the "Group")

Grant of Options & PDMR Dealings

Nichols plc, the diversified soft drinks Group, announces that on 24 March
2025 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 following completion of the financial year
ending 31 December 2024 pursuant to the terms of the Nichols Hybrid Incentive
Plan. The Awards will vest on the second anniversary of the date of grant,
subject to the continued employment of the PDMR with the group. No other
performance conditions apply.

 

The details of the Awards are as follows:

 

 PDMR           Title                            Number of Ordinary Shares subject to Award
 Andrew Milne   Chief Executive Officer          43,316
 Helen Hartley  UK Packaged Commercial Director  1,959
 Ed Shoebridge  Out of Home Sales Director       4,763
 Gary Brookes   Operations Director              4,712
 Angela Reay    Marketing Director               3,969
 Sarah Caddy    Legal Director                   4,336

 

Contacts

 Nichols plc                                       Telephone: 0192 522 2222

 Andrew Milne, Chief Executive Officer

 David Taylor, Interim Finance Director

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

 Steve Pearce / Jen Boorer / Oliver Platts         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.     Angela Reay

                                                                    6.     Sarah Caddy
 2     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.     Angela Reay, Marketing Director

                                                                    6.     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.     43,316

                                                                                                        2.     1,959

                                                                                                        3.     4,763

                                                                                                        4.     4,712

                                                                                                        5.     3,969

                                                                                                        6.     4,336

 d)    Aggregated information
       - Aggregated volume                                          N/A - single transaction
       - Price
 e)    Date of the transaction                                      24 March 2025
 f)    Place of the transaction                                     Outside a trading venue

 

 

 

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