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On 26 August 2026, Nichols plc announced that five Directors and Persons Discharging Managerial Responsibilities (PDMRs) exercised options over a total of 80,267 ordinary shares at a nil exercise price, with 80,267 ordinary shares transferred from treasury to satisfy this. Subsequently, these PDMRs sold an aggregate of 37,725 ordinary shares to satisfy tax liabilities, and the total voting rights for Nichols plc stood at 36,574,850 ordinary shares as of 27 August 2026.
| Date | 27 Aug 2026 |
| Time | 16:00:40 |
| Category | Miscellaneous |
| ID | 4935S |
27 August 2026
(the "Company" or the "Group")
Exercise of Options, Director/PDMR Dealing & Total Voting Rights
Nichols plc, the diversified soft drinks Group, announces that on 26 August 2026 options over, in aggregate, 80,267 ordinary shares of 10 pence each in the Company ("Ordinary Shares") were exercised following the vesting of deferred share awards previously granted under the Company's Hybrid Incentive Plan. The options were exercised at a nil exercise price and represent the normal settlement of awards made under the Company's remuneration arrangements. To satisfy the exercise of the options, 80,267 Ordinary Shares were transferred out of treasury.
Following the exercise of Share Options, certain Directors and Employees of the Company sold Ordinary Shares in order to satisfy tax liabilities resulting from the exercise of Share Options. Details of those Persons Discharging Managerial Responsibilities ("PDMRs") who exercised Share Options and subsequently sold Ordinary Shares are as follows:
|
PDMR |
Title |
Number of Share Options exercised |
Number of Ordinary Shares sold to satisfy tax liabilities |
Resulting shareholding |
Percentage of total voting rights |
|
Andrew Milne |
Chief Executive Officer |
62,802 |
29,517 |
33,285 |
0.091% |
|
Gary Brookes |
Operations Director |
5,822 |
2,736 |
3,086 |
0.008% |
|
Sarah Caddy |
Legal Director |
5,406 |
2,541 |
2,865 |
0.008% |
|
Angela Reay |
Marketing Director |
3,267 |
1,535 |
1,732 |
0.005% |
|
Ed Shoebridge |
Out of Home Commercial Director |
2,970 |
1,396 |
1,574 |
0.004% |
Total Voting Rights
The issued share capital of the Company consists of 36,968,772 Ordinary Shares of which 393,922 are held in Treasury. Therefore, the total number of Ordinary Shares carrying voting rights in the Company is 36,574,850. This figure of 36,574,850 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the Disclosure Guidance and Transparency Rules.
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. Gary Brookes 3. Sarah Caddy 4. Angela Reay 5. Ed Shoebridge |
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Reason for the notification |
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a) |
Position/status |
1. Andrew Milne, Chief Executive Officer 2. Gary Brookes, Operations Director 3. Sarah Caddy, Legal Director 4. Angela Reay, Marketing Director 5. Ed Shoebridge, Out of Home Commercial 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)
|
Description of the financial instrument, type of instrument
|
Ordinary Shares of 10p each
|
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b)
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Nature of the transaction
|
Exercise of Share Options over Ordinary Shares under the Company's Hybrid Incentive Plan |
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c) |
Price(s) and volume(s) |
|
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|
|
|
|
|
|
|
|
|
|
|
Nil pence |
1. 62,802 2. 5,822 3. 5,406 4. 3,267 5. 2,970 |
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d) |
Aggregated information |
|
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|
- Aggregated volume |
Volume: 80,267 |
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|
- Price |
Price: Nil pence |
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|
e) |
Date of the transaction |
26 August2026 |
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|
f) |
Place of the transaction |
Outside a trading venue |
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|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||
|
a) |
Name |
1. Andrew Milne 2. Gary Brookes 3. Sarah Caddy 4. Angela Reay 5. Ed Shoebridge |
|||
|
|
Reason for the notification |
||||
|
a) |
Position/status |
1. Andrew Milne, Chief Executive Officer 2. Gary Brookes, Operations Director 3. Sarah Caddy, Legal Director 4. Angela Reay, Marketing Director 5. Ed Shoebridge, Out of Home Commercial Director |
|||
|
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 |
||||
|
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
|
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|
b)
|
Nature of the transaction
|
Sale of Ordinary Shares |
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|
c) |
Price(s) and volume(s) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nil pence |
1. 29,517 2. 2,736 3. 2,541 4. 1,535 5. 1,396 |
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d) |
Aggregated information |
|
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|
- Aggregated volume |
Volume: 37,725 |
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|
- Price |
Price: Nil pence |
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|
e) |
Date of the transaction |
26 August 2026 |
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|
f) |
Place of the transaction |
Outside a trading venue |
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