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29 April 2025 23:07:08
- Source: Sharecast
29 April 2025
Nichols plc
(the "Company" or "Group')
Grant of SAYE Options and PDMR Dealings
Nichols plc, the diversified soft drinks Group, announces that it has launched two 2025 Save As You Earn Schemes (the "2025 SAYE Scheme") for all eligible employees, one offering saving plans over 3 years, the other 5 years.
Eligible employees were invited to subscribe for options ("Options") over the Company's ordinary shares of 10p each in the Company ("Ordinary Shares") which have been granted on 29 April 2025 at an exercise price of 1,027 pence in accordance with the terms of the 2025 SAYE Scheme. This represents a discount of 20% from the average mid-market closing price for an Ordinary Share on the 3 business days from Monday 31 March 2025 to Wednesday 2 April 2025 prior to the invitation made to all eligible employees on Friday 4 April 2025. The Options are exercisable from April 2028 and April 2030 respectively.
A total of 66 employees have participated in the scheme and 24,953 Options have been granted representing 0.07% of the Company's issued share capital.
The following Persons Discharging Managerial Responsibility ("PDMRs") have chosen to participate in the 2025 SAYE Scheme:
PDMR Title Number of Options Granted
Gary Brookes Supply Chain and Sustainability Director 716
Rachel Armer People Director 716
Enquiries:
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Nichols plc Andrew Milne, Chief Executive Officer David Taylor, Interim Finance Director
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0192 522 2222 |
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Singer Capital Markets (Nominated adviser and broker) Jen Boorer Tom Salvesen Oliver Platts
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0207 496 3000 Website: www.singercm.com |
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Berenberg (Joint Broker) Clayton Bush Alix Mecklenburg-Solodkoff |
0203 207 7800
Website: www.berenberg.de
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Hudson Sandler (Financial PR) Alex Brennan Hattie Dreyfus Harry Griffiths |
0207 796 4133
Email: nichols@hudsonsandler.com |
Notes to Editors
Established in 1908, Nichols operates within the resilient soft drinks category and owns or licenses several brands. Nichols is geographically and operationally diversified, operating across three routes to market of UK Packaged, International Packaged and Out of Home.
In the UK, Nichols operates across five soft drinks sub-categories: squash, flavoured carbonates, fruit drinks, energy and flavoured water. Nichols' portfolio includes the iconic Vimto brand plus a growing portfolio of licensed brands including Levi Roots, ICEE, SLUSH PUPPiE and Sunkist.
Under its asset-light model, Vimto is prominent in areas such as the Middle East and Africa and is enjoyed in over 60 countries worldwide.
For more information, visit the website: https://www.nicholsplc.co.uk/
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.
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 |
Gary Brookes |
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2 |
Reason for the notification |
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a) |
Position/status |
Supply Chain and Sustainability 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 under the 2025 Save as You Earn (SAYE) scheme. 3-year savings plan. |
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c) |
Price(s) and volume(s) |
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1027 pence |
716 |
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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 |
29 April 2025 |
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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 |
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a) |
Name |
Rachel Armer |
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2 |
Reason for the notification |
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a) |
Position/status |
People 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 under the 2025 Save as You Earn (SAYE) scheme. 3-year savings plan. |
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c) |
Price(s) and volume(s) |
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1027 pence |
716 |
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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 |
29 April 2025 |
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f) |
Place of the transaction |
Outside a trading venue |
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