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On 28 August 2026, Nichols plc clarified the resulting beneficial shareholdings for five Persons Discharging Managerial Responsibilities (PDMRs) following the exercise of share options and subsequent sale of shares to satisfy tax liabilities. Andrew Milne exercised 62,802 options, sold 29,517 shares, and holds 148,487 Ordinary Shares, representing 0.406% of total voting rights. Gary Brookes, Sarah Caddy, Angela Reay, and Ed Shoebridge reported resulting total shareholdings of 4,334 (0.012%), 3,365 (0.009%), 1,732 (0.005%), and 1,574 (0.004%) Ordinary Shares, respectively.
| Date | 28 Aug 2026 |
| Time | 07:30:01 |
| Category | Miscellaneous |
| ID | 5099S |
28 August 2026

(the "Company" or the "Group")
Clarification of Resulting PDMR Shareholdings following Exercise of Options
Nichols plc, the diversified soft drinks Group, announces the following clarification to its announcement released on 27 August 2026 entitled "Exercise of Options, Director/PDMR Dealing & Total Voting Rights" (RNS Number: 4935S).
The Company notes that the "Resulting shareholding" column included in the table within that announcement reflected the increase in the net number of Ordinary Shares retained following the exercise of share options and the sale of shares undertaken to satisfy associated tax liabilities.
For completeness, the table below sets out the beneficial shareholdings of the relevant Persons Discharging Managerial Responsibilities ("PDMRs") immediately following completion of the transactions, including Ordinary Shares held prior to the exercise of options.
|
PDMR |
Title |
Number of Share Options exercised |
Number of Ordinary Shares sold to satisfy tax liabilities |
Resulting increase in shareholding |
Previous Shareholding |
Resulting Total Shareholding |
Percentage of total voting rights |
|
Andrew Milne |
Chief Executive Officer |
62,802 |
29,517 |
33,285 |
115,202 |
148,487 |
0.406% |
|
Gary Brookes |
Operations Director |
5,822 |
2,736 |
3,086 |
1,248 |
4,334 |
0.012% |
|
Sarah Caddy |
Legal Director |
5,406 |
2,541 |
2,865 |
500 |
3,365 |
0.009% |
|
Angela Reay |
Marketing Director |
3,267 |
1,535 |
1,732 |
0 |
1,732 |
0.005% |
|
Ed Shoebridge |
Out of Home Commercial Director |
2,970 |
1,396 |
1,574 |
0 |
1,574 |
0.004% |
The Company confirms that all other information contained in the announcement released under RNS Number 4935S at 16.00 on 27 August 2026 remains unchanged.
Contacts
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