Grant of Options and PDMR Dealings

RNS Number : 6840F

Nichols PLC

23 March 2022

 

23 March 2022

Nichols plc

(the "Company")

Grant of Options and PDMR Dealings

The Company announces that on 21 March 2022 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 2021 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	26,987
David Rattigan	Chief Financial Officer	17,770
Christine Shillington	People Director	3,387
Emma Hunt	Marketing Director	3,183
Nick Yates	OOH Sales and Operations Director	4,173
Nick Gamble	UK Sales Director	3,050

Contacts   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 & Broker)   Telephone: [phone] Telephone: [phone]   Email:  [e-mail] Website:  www.singercm.com

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.

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 Identification code	Ordinary shares of 10p each 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 26,987
d)	Aggregated information - Aggregated volume - Price	N/A - Single transaction
e)	Date of the transaction	21 March 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Rattigan
2	Reason for the notification
a)	Position/status	Chief Financial 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 Identification code	Ordinary shares of 10p each 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 17,770
d)	Aggregated information - Aggregated volume - Price	N/A - Single transaction
e)	Date of the transaction	21 March 2022
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 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 Identification code	Ordinary shares of 10p each 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 3,387
d)	Aggregated information - Aggregated volume - Price	N/A - Single transaction
e)	Date of the transaction	21 March 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Emma Hunt
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 Identification code	Ordinary shares of 10p each 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 3,183
d)	Aggregated information - Aggregated volume - Price	N/A - Single transaction
e)	Date of the transaction	21 March 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nick Yates
2	Reason for the notification
a)	Position/status	OOH Sales and 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 Identification code	Ordinary shares of 10p each 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 4,173
d)	Aggregated information - Aggregated volume - Price	N/A - Single transaction
e)	Date of the transaction	21 March 2022
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 Identification code	Ordinary shares of 10p each 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 3,050
d)	Aggregated information - Aggregated volume - Price	N/A - Single transaction
e)	Date of the transaction	21 March 2022
f)	Place of the transaction	Outside a trading venue

 

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