Grant of SAYE Options and PDMR Dealings
Source: RNS
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
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Andrew Milne, Group Chief Executive Officer David Rattigan, Group Chief Financial Officer |
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Nichols plc |
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Telephone: 0192 522 2222 |
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Website: www.nicholsplc.co.uk |
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Alex Brennan / Hattie Dreyfus / Elfie Kent |
Steve Pearce / Rachel Hayes |
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Hudson Sandler |
Singer Capital Markets (Nominated Adviser & Broker) |
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Telephone: 0207 796 4133 |
Telephone: 0207 496 3000 |
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Email: nichols@hudsonsandler.com |
Website: 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.
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Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Sarah Caddy
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2 |
Reason for the notification |
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a) |
Position/status |
Legal Director
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b)
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Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Nichols plc
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b) |
LEI |
213800EF5CMR3K8PND54
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4
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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)
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Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 10p each
ISIN Code: GB0006389398
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b) |
Nature of the transaction |
Grant of Options under the 2022 SAYE Scheme
3-year savings plan. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
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e) |
Date of the transaction |
27 April 2022
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f) |
Place of the transaction |
Outside a trading venue
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Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Christine Shillington
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2 |
Reason for the notification |
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a) |
Position/status |
People and Sustainability Director
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b)
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Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Nichols plc
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b) |
LEI |
213800EF5CMR3K8PND54
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4
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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)
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Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 10p each
ISIN Code: GB0006389398
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b) |
Nature of the transaction |
Grant of Options under the 2022 SAYE Scheme
3-year savings plan.
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
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e) |
Date of the transaction |
27 April 2022
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f) |
Place of the transaction |
Outside a trading venue
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