Grant of Options & PDMR Dealings

RNS Number : 4001I

Nichols PLC

27 March 2024

Nichols plc

(the "Company")

Grant of Options and PDMR Dealings

The Company announces that on 25 March 2024 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 2023 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	55,693
Christine Shillington	People & Sustainability Director	5,244
Nick Gamble	UK Sales Director	5,149
Ed Shoebridge	Out of Home Sales Director	2,970
Gary Brookes	Operations Director	5,822
Angela Reay	Marketing Director	3,267
Sarah Caddy	Legal Director	5,406

Contacts

Nichols plc

Andrew Milne, Chief Executive Officer

Richard Newman, Chief Financial Officer

Telephone: 0192 522 2222

Singer Capital Markets (NOMAD & Broker)

Steve Pearce / Jen Boorer

Telephone: 0207 496 3000

Website: www.singercm.com

Hudson Sandler (Financial PR)

Alex Brennan / Hattie Dreyfus / Harry Griffiths

Telephone: 0207 796 4133

Email: [email protected]

Notes to Editors:

Nichols plc is an international diversified soft drinks business with sales in over 60 countries. 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, Starslush, ICEE, Levi Roots and Sunkist.

For more information about Nichols, visit: www.nicholsplc.co.uk

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	Ordinary Shares of 10p each
	Identification code	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 pence	55,693

d)	Aggregated information

	- Aggregated volume	N/A - single transactions

	- Price

e)	Date of the transaction	25 March 2024
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 & Sustainability 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	Grant of nil-cost options under the Nichols Hybrid Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			nil pence	5,244

d)	Aggregated information

	- Aggregated volume	N/A - single transactions

	- Price

e)	Date of the transaction	25 March 2024
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	Ordinary Shares of 10p each
	Identification code	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 pence	5,149

d)	Aggregated information

	- Aggregated volume	N/A - single transactions

	- Price

e)	Date of the transaction	25 March 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ed Shoebridge
2	Reason for the notification
a)	Position/status	Out of Home 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	Ordinary Shares of 10p each
	Identification code	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 pence	2,970

d)	Aggregated information

	- Aggregated volume	N/A - single transactions

	- Price

e)	Date of the transaction	25 March 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gary Brookes
2	Reason for the notification
a)	Position/status	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	Ordinary Shares of 10p each
	Identification code	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 pence	5,822

d)	Aggregated information

	- Aggregated volume	N/A - single transactions

	- Price

e)	Date of the transaction	25 March 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Angela Reay
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	Ordinary Shares of 10p each
	Identification code	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 pence	3,267

d)	Aggregated information

	- Aggregated volume	N/A - single transactions

	- Price

e)	Date of the transaction	25 March 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sarah Caddy
2	Reason for the notification
a)	Position/status	Legal 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	Grant of nil-cost options under the Nichols Hybrid Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			nil pence	5,406

d)	Aggregated information

	- Aggregated volume	N/A - single transactions

	- Price

e)	Date of the transaction	25 March 2024
f)	Place of the transaction	Outside a trading venue

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END

DSHFLFLDVRIRFIS

TIDM	NICL
Share Price	1,105.00p-2.64%
Market Cap	£408.50m

Date	27 Mar 2024
Time	07:00:13
Category	Director/PDMR dealings
ID	4001I

TIDM	NICL
Share Price	1,105.00p-2.64%
Market Cap	£408.50m

Date	27 Mar 2024
Time	07:00:13
Category	Director/PDMR dealings
ID	4001I

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Grant of Options & PDMR Dealings