RNS Number : 4001I
Nichols PLC
27 March 2024
 

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

 

Nichols plc

 

Andrew Milne, Chief Executive Officer

Richard Newman, Chief Financial Officer

 

Telephone: 0192 522 2222

Singer Capital Markets (NOMAD & Broker)

 

Steve Pearce / Jen Boorer

 

Telephone: 0207 496 3000

 

Website: www.singercm.com

Hudson Sandler (Financial PR)

 

Alex Brennan / Hattie Dreyfus / Harry Griffiths

 

Telephone: 0207 796 4133

 

Email: 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

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 nil-cost options under the Nichols Hybrid Incentive Plan

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




nil pence

55,693







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

 

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







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

 

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHFLFLDVRIRFIS