Nichols PLC Cancellation of SAYE Options & PDMR Dealings (1157X)

TIDMNICL

RNS Number : 1157X

Nichols PLC

21 April 2023

21 April 2023

Nichols plc

(the "Company" or "Group')

Cancellation of SAYE Options and PDMR Dealings

The Company announces that certain options granted to the following Persons Discharging Managerial Responsibility (PDMRs) under the 2021 and 2022 Save as You Earn (SAYE) schemes have been cancelled as detailed below. Both persons have made applications to participate in the 2023 SAYE scheme and it is expected that new options will be granted following approval. A further announcement will be made in due course.

PDMR Title Number of Options Cancelled

   Andrew Milne                   Chief Executive Officer                                  1,064 

Sarah Caddy Legal Director 1,668

Contacts

 
 Nichols plc                              Telephone: [phone] 
 
  Andrew Milne, Group Chief Executive 
  Officer 
 
  David Rattigan, Group Chief Financial 
  Officer 
---------------------------------------  ---------------------------------- 
 Singer Capital Markets (NOMAD &          Telephone: [phone] 
  Broker) 
                                           Website: www.singercm.com 
  Steve Pearce / Jen Boorer 
                                         ---------------------------------- 
 Hudson Sandler (Financial PR)            Telephone: [phone] 
 
  Alex Brennan / Charlotte Cobb /          Email: [e-mail] 
  Harry Griffiths 
---------------------------------------  ---------------------------------- 
 

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.

For more information about Nichols, visit: www.nicholsplc.co.uk

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                Andrew Milne 
      ----------------------------------  ---------------------------------------------- 
       Reason for the notification 
  2 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                     Chief Executive Officer 
      ----------------------------------  ---------------------------------------------- 
 b)    Initial notification                Initial Notification 
        /Amendment 
      ----------------------------------  ---------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
 a)    Name                                Nichols plc 
      ----------------------------------  ---------------------------------------------- 
 b)    LEI                                 213800EF5CMR3K8PND54 
      ----------------------------------  ---------------------------------------------- 
       Details of the transaction(s): section to be repeated for 
  4     (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                  Ordinary Shares of 10p each 
        financial instrument, 
        type of instrument 
                                            ISIN Code: GB0006389398 
        Identification code 
      ----------------------------------  ---------------------------------------------- 
 b)    Nature of the transaction           C ancellation of options under the 2021 
                                            Save as You Earn (SAYE) scheme. 
                                            3-year savings plan. 
      ----------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                           ------------------------  ----------------- 
 
                                             Price(s)                  Volume(s) 
                                           ------------------------  ----------------- 
    1,015 pence                                                       1,064 
   ----------------------------------------------------------------  ----------------- 
 
 d)    Aggregated information 
  - Aggregated volume                 N/A - single transaction 
  - Price 
 -------------------------------------------------------------  ------------------------ 
 e)    Date of the transaction             18 April 2023 
      ----------------------------------  ---------------------------------------------- 
 f)    Place of the transaction            Outside a trading venue 
      ----------------------------------  ---------------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                Sarah Caddy 
      ----------------------------------  ---------------------------------------------- 
       Reason for the notification 
  2 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                     Legal Director 
      ----------------------------------  ---------------------------------------------- 
 b)    Initial notification                Initial Notification 
        /Amendment 
      ----------------------------------  ---------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
 a)    Name                                Nichols plc 
      ----------------------------------  ---------------------------------------------- 
 b)    LEI                                 213800EF5CMR3K8PND54 
      ----------------------------------  ---------------------------------------------- 
       Details of the transaction(s): section to be repeated for 
  4     (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                  Ordinary Shares of 10p each 
        financial instrument, 
        type of instrument 
                                            ISIN Code: GB0006389398 
        Identification code 
      ----------------------------------  ---------------------------------------------- 
 b)    Nature of the transaction           C ancellation of options under the 2022 
                                            Save as You Earn (SAYE) scheme. 
                                            3-year savings plan. 
      ----------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                           ------------------------  ----------------- 
 
                                             Price(s)                  Volume(s) 
                                           ------------------------  ----------------- 
    1,079 pence                                                       1,668 
   ----------------------------------------------------------------  ----------------- 
 
 d)    Aggregated information 
  - Aggregated volume                 N/A - single transaction 
  - Price 
 -------------------------------------------------------------  ------------------------ 
 e)    Date of the transaction             11 April 2023 
      ----------------------------------  ---------------------------------------------- 
 f)    Place of the transaction            Outside a trading venue 
      ----------------------------------  ---------------------------------------------- 
 

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April 21, 2023 11:57 ET (15:57 GMT)