27 March 2024
Nichols plc
(the "Company")
Grant of Options and PDMR Dealings
The Company announces that on 25 March 2024 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 2023 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 |
55,693 |
|
Christine Shillington
|
People & Sustainability Director |
5,244 |
|
Nick Gamble
|
UK Sales Director |
5,149 |
|
Ed Shoebridge
|
Out of Home Sales Director |
2,970 |
|
Gary Brookes
|
Operations Director |
5,822 |
|
Angela Reay
|
Marketing Director |
3,267 |
|
Sarah Caddy
|
Legal Director |
5,406 |
Contacts
|
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 Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them |
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1
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Details of the person discharging managerial responsibilities / person closely associated |
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a)
|
Name
|
Andrew Milne |
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|
2
|
Reason for the notification |
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|
a)
|
Position/status
|
Chief Executive Officer |
|||
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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
|
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|
a)
|
Description of the financial instrument, type of instrument |
Ordinary Shares of 10p each |
|||
|
|
Identification code |
ISIN Code: GB0006389398 |
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b)
|
Nature of the transaction |
Grant of nil-cost options under the Nichols Hybrid Incentive Plan |
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c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
nil pence |
55,693 |
|
|
|
|
|
|
|
|
|
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d)
|
Aggregated information |
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- Aggregated volume |
N/A - single transactions |
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- Price |
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e)
|
Date of the transaction |
25 March 2024 |
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f)
|
Place of the transaction
|
Outside a trading venue |
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|
1
|
Details of the person discharging managerial responsibilities / person closely associated |
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|
a)
|
Name
|
Christine Shillington |
|||
|
2
|
Reason for the notification |
||||
|
a)
|
Position/status
|
People & 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 nil-cost options under the Nichols Hybrid Incentive Plan |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
nil pence |
5,244 |
|
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|
|
|
|
|
|
|
|
d)
|
Aggregated information |
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|
|
|
||||
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- Aggregated volume |
N/A - single transactions |
||||
|
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|
||||
|
- Price |
|
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|
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|
||||
|
e)
|
Date of the transaction |
25 March 2024 |
|||
|
f)
|
Place of the transaction
|
Outside a trading venue |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated |
||||
|
a)
|
Name
|
Nick Gamble |
|||
|
2
|
Reason for the notification |
||||
|
a)
|
Position/status
|
UK Sales 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 nil-cost options under the Nichols Hybrid Incentive Plan |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
nil pence |
5,149 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
|
||||
|
- Aggregated volume |
N/A - single transactions |
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction |
25 March 2024 |
|||
|
f)
|
Place of the transaction
|
Outside a trading venue |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated |
||||
|
a)
|
Name
|
Ed Shoebridge |
|||
|
2
|
Reason for the notification |
||||
|
a)
|
Position/status
|
Out of Home Sales 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 nil-cost options under the Nichols Hybrid Incentive Plan |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
nil pence |
2,970 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
|
||||
|
- Aggregated volume |
N/A - single transactions |
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction |
25 March 2024 |
|||
|
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
|
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 nil-cost options under the Nichols Hybrid Incentive Plan |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
nil pence |
5,822 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
|
||||
|
- Aggregated volume |
N/A - single transactions |
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction |
25 March 2024 |
|||
|
f)
|
Place of the transaction
|
Outside a trading venue |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated |
||||
|
a)
|
Name
|
Angela Reay |
|||
|
2
|
Reason for the notification |
||||
|
a)
|
Position/status
|
Marketing 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 nil-cost options under the Nichols Hybrid Incentive Plan |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
nil pence |
3,267 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
|
||||
|
- Aggregated volume |
N/A - single transactions |
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction |
25 March 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 |
Grant of nil-cost options under the Nichols Hybrid Incentive Plan |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
nil pence |
5,406 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
|
||||
|
- Aggregated volume |
N/A - single transactions |
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction |
25 March 2024 |
|||
|
f)
|
Place of the transaction
|
Outside a trading venue |
|||
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