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Nichols plc announced on 26 March 2025 that it granted nil cost options over ordinary shares of 10p each to six Persons Discharging Managerial Responsibility (PDMRs) on 24 March 2025. CEO Andrew Milne received awards over 43,316 shares, Helen Hartley 1,959, Ed Shoebridge 4,763, Gary Brookes 4,712, Angela Reay 3,969, and Sarah Caddy 4,336. These awards, totaling 63,055 ordinary shares, will vest on the second anniversary of the grant date, 24 March 2027.
| Date | 26 Mar 2025 |
| Time | 07:00:11 |
| Category | Director/PDMR dealings |
| ID | 1370C |
26 March 2025
(the "Company" or the "Group")
Grant of Options & PDMR Dealings
Nichols plc, the diversified soft drinks Group, announces that on 24 March 2025 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 2024 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 |
43,316 |
|
Helen Hartley |
UK Packaged Commercial Director |
1,959 |
|
Ed Shoebridge |
Out of Home Sales Director |
4,763 |
|
Gary Brookes |
Operations Director |
4,712 |
|
Angela Reay |
Marketing Director |
3,969 |
|
Sarah Caddy |
Legal Director |
4,336 |
Contacts
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
1. Andrew Milne 2. Helen Hartley 3. Ed Shoebridge 4. Gary Brookes 5. Angela Reay 6. Sarah Caddy |
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2 |
Reason for the notification |
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a) |
Position/status |
1. Andrew Milne, Chief Executive Officer 2. Helen Hartley, UK Packaged Commercial Director 3. Edward Shoebridge, Out of Home Sales Director 4. Gary Brookes, Operations Director 5. Angela Reay, Marketing Director 6. Sarah Caddy, Legal Director |
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b) |
Initial notification /Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Nichols plc |
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b) |
LEI |
213800EF5CMR3K8PND54 |
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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 |
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a)
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Description of the financial instrument, type of instrument
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Ordinary Shares of 10p each
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b)
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Nature of the transaction
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Grant of options |
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c) |
Price(s) and volume(s) |
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nil |
1. 43,316 2. 1,959 3. 4,763 4. 4,712 5. 3,969 6. 4,336 |
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d) |
Aggregated information |
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- Aggregated volume |
N/A - single transaction |
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- Price |
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e) |
Date of the transaction |
24 March 2025 |
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f) |
Place of the transaction |
Outside a trading venue |
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