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 1,486 of its ordinary shares at a price of 1,362.85 pence per share. The ordinary shares purchased will be held in treasury.

Aggregated information

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:

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 493,150 Ordinary Shares will be held in treasury. Therefore, the total number of Ordinary shares carrying voting rights will be 36,475,622.

The above figure of 36,475,622 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.