TIDMNICL

RNS Number : 7522X

Nichols PLC

27 April 2023

27 April 2023

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 2023 Save As You Earn Schemes (the "2023 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 26 April 2023 at an exercise price of 896 pence in accordance with the terms of the 2023 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 Friday 31 March 2023 to Tuesday 4 April 2023 prior to the invitation made to all eligible employees on Tuesday 11 April 2023.

A total of 99 employees have participated in the scheme and 64,221 Options have been granted representing 0.17% of the Company's issued share capital.

The following Persons Discharging Managerial Responsibility ("PDMRs") have chosen to participate in the 2023 SAYE Scheme:

PDMR Title Number of Options Granted

   Andrew Milne                   Chief Executive Officer                                  1,205 

Sarah Caddy Legal Director 2,008

   Matthew Nichols             International Director                                    1,674 

Nicholas Gamble UK Commercial Director 2,008

   Gary Brookes                     Supply Chain Director                                     401 

Contacts

 
 Nichols plc                            Telephone: 0192 522 2222 
 
  Andrew Milne, Group Chief Executive 
  Officer 
-------------------------------------  ---------------------------------- 
 Singer Capital Markets (NOMAD &        Telephone: 0207 496 3000 
  Broker) 
                                         Website: www.singercm.com 
  Steve Pearce / Jen Boorer 
                                       ---------------------------------- 
 Hudson Sandler (Financial PR)          Telephone: 0207 796 4133 
 
  Alex Brennan / Charlotte Cobb /        Email: nichols@hudsonsandler.com 
  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             G rant of options under the 2023 Save 
                                              as You Earn (SAYE) scheme. 
                                              3-year savings plan. 
      ------------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s) 
                                             --------------------  ------------------- 
 
                                               Price(s)              Volume(s) 
                                             --------------------  ------------------- 
    896 pence                                                       1,205 
   --------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                   N/A - single transaction 
  - Price 
 -----------------------------------------------------------  -------------------------- 
 e)    Date of the transaction               26 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             Grant of options under the 2023 Save 
                                              as You Earn (SAYE) scheme. 
                                              3-year savings plan. 
      ------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                             -------------------  ------------------- 
 
                                               Price(s)             Volume(s) 
                                             -------------------  ------------------- 
    896 pence                                                      2,008 
   -------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                   N/A - single transaction 
  - Price 
 ----------------------------------------------------------  -------------------------- 
 e)    Date of the transaction               26 April 2023 
      ------------------------------------  ------------------------------------------- 
 f)    Place of the transaction              Outside a trading venue 
      ------------------------------------  ------------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                  M atthew Nichols 
      ------------------------------------  ------------------------------------------- 
       Reason for the notification 
  2 
      --------------------------------------------------------------------------------- 
 a)    Position/status                       International Commercial 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             Grant of options under the 2023 Save 
                                              as You Earn (SAYE) scheme. 
                                              5-year savings plan. 
      ------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                             -------------------  ------------------- 
 
                                               Price(s)             Volume(s) 
                                             -------------------  ------------------- 
    896 pence                                                      1,674 
   -------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                   N/A - single transaction 
  - Price 
 ----------------------------------------------------------  -------------------------- 
 e)    Date of the transaction               26 April 2023 
      ------------------------------------  ------------------------------------------- 
 f)    Place of the transaction              Outside a trading venue 
      ------------------------------------  ------------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                  Nicholas Gamble 
      ------------------------------------  ------------------------------------------- 
       Reason for the notification 
  2 
      --------------------------------------------------------------------------------- 
 a)    Position/status                       UK Commercial 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             Grant of options under the 2023 Save 
                                              as You Earn (SAYE) scheme. 
                                              3-year savings plan. 
      ------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                             -------------------  ------------------- 
 
                                               Price(s)             Volume(s) 
                                             -------------------  ------------------- 
    896 pence                                                      2,008 
   -------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                   N/A - single transaction 
  - Price 
 ----------------------------------------------------------  -------------------------- 
 e)    Date of the transaction               26 April 2023 
      ------------------------------------  ------------------------------------------- 
 f)    Place of the transaction              Outside a trading venue 
      ------------------------------------  ------------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                  Gary Brookes 
      ------------------------------------  ------------------------------------------- 
       Reason for the notification 
  2 
      --------------------------------------------------------------------------------- 
 a)    Position/status                       Supply Chain 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             Grant of options under the 2023 Save 
                                              as You Earn (SAYE) scheme. 
                                              3-year savings plan. 
      ------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                             -------------------  ------------------- 
 
                                               Price(s)             Volume(s) 
                                             -------------------  ------------------- 
    896 pence                                                      401 
   -------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                   N/A - single transaction 
  - Price 
 ----------------------------------------------------------  -------------------------- 
 e)    Date of the transaction               26 April 2023 
      ------------------------------------  ------------------------------------------- 
 f)    Place of the transaction              Outside a trading venue 
      ------------------------------------  ------------------------------------------- 
 

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