Purchase of Own Shares

RNS Number : 4030E

Nichols PLC

10 March 2022

 

Nichols plc

(the "Company" or "Group')

Purchase of Own Shares

Further to the confirmation of its intention to implement a share buyback programme, as set out in its announcement on 13 December 2021, the Company announces that it has purchased 6,000 of its ordinary shares at a price of 1,408 pence per share. The ordinary shares purchased will be held in treasury.

Aggregated information

Date of purchase	10 March 2022
Number of ordinary shares purchased	6,000
Highest price paid per share	1408p
Lowest price paid per share	1408p
Volume weighted average price paid	1408p

Transaction details

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018) , a detailed breakdown of individual trades is available below:

Number of ordinary shares purchased	Transaction price (GBp)	Time of transaction	Trading venue
6,000	1408p	09:33:45	AIMX

Total voting rights

Following the purchase, the Company's total issued share capital will consist of 36,968,772 ordinary shares of 10p each ("Ordinary Shares") with one voting right per share, of which 389,664 Ordinary Shares will be held in treasury. Therefore, the total number of Ordinary shares carrying voting rights will be 36,579,108.

The above figure of  36,579,108 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Contacts:   Andrew Milne, Group Chief Executive Officer   David Rattigan, Group Chief Financial Officer   Nichols plc   Telephone: [phone]   Website:  www.nicholsplc.co.uk   Alex Brennan / Elfie Kent Steve Pearce / Rachel Hayes   Hudson Sandler Singer Capital Markets (Nominated Adviser and Broker)   Telephone: [phone] Telephone: [phone]   Email:  [e-mail] Website:  www.singercm.com Notes to Editors: Nichols plc is an international 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.

 

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