Director/PDMR Shareholding

RNS Number : 0593U

Nichols PLC

23 March 2023

 

Nichols plc

(the "Company" or "Group')

PDMR / PCA Dealing

Nichols plc, the diversified soft drinks Group, announces that it was notified on 23 March 2023  of the following transaction by the following Person Discharging Managerial Responsibilities ("PDMR").

The attached notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.

Contacts Nichols plc Andrew Milne, Group Chief Executive Officer David Rattigan, Group Chief Financial Officer Telephone: [phone] Website:  www.nicholsplc.co.uk Singer Capital Markets (NOMAD & Broker) Steve Pearce / Jen Boorer  Telephone: [phone] Website:  www.singercm.com Hudson Sandler (Financial PR) Alex Brennan / Charlotte Cobb / Harry Griffiths Telephone: [phone] Email: [e-mail] 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. 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	James Nichols
2	Reason for the notification
a)	Position/status	Non-Executive 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	1.  The pledge to UBS of 560,000 Ordinary Shares as security against a personal bank loan will cease on 23 March 2023. 2.  A new pledge to Julius Baer of 835,476 Ordinary Shares as security against a personal bank loan will commence on 23 March 2023.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1.  Nil 2.  Nil	560,000 835,476
d)	Aggregated information
	- Aggregated volume	In respect of 1 and 2 in 4(c): N/A - Single transactions
	- Price
e)	Date of the transaction	23 March 2023
f)	Place of the transaction	Outside a trading venue

 

END

 

 

DSHDZGZFDFGGFZM