TIDMNICL

RNS Number : 6663E

Nichols PLC

14 March 2022

Nichols plc

(the "Company" or "Group')

Purchase of Own Shares

Further to the confirmation of its intention to implement a share buyback programme, as set out in its announcement on 13 December 2021, the Company announces that it has purchased 6,000 of its ordinary shares at a price of 1,404 pence per share. The ordinary shares purchased will be held in treasury.

Aggregated information

 
 Date of purchase                       14 March 2022 
 Number of ordinary shares purchased    6,000 
                                       -------------- 
 Highest price paid per share           1404p 
                                       -------------- 
 Lowest price paid per share            1404p 
                                       -------------- 
 Volume weighted average price 
  paid                                  1404p 
                                       -------------- 
 

Transaction details

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018) , a detailed breakdown of individual trades is available below:

 
 Number of ordinary   Transaction price   Time of transaction   Trading venue 
  shares purchased     (GBp) 
 6,000                1404p               10:15:05              AIMX 
                     ------------------  --------------------  -------------- 
 

Total voting rights

Following the purchase, the Company's total issued share capital will consist of 36,968,772 ordinary shares of 10p each ("Ordinary Shares") with one voting right per share, of which 401,664 Ordinary Shares will be held in treasury. Therefore, the total number of Ordinary shares carrying voting rights will be 36,567,108.

The above figure of 36,567,108 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 
     Contacts: 
       Andrew Milne, Group Chief Executive Officer 
        David Rattigan, Group Chief Financial Officer 
       Nichols plc 
       Telephone: 0192 522 2222 
       Website: www.nicholsplc.co.uk 
 
       Alex Brennan / Elfie               Steve Pearce / Rachel 
        Kent                               Hayes 
       Hudson Sandler                     Singer Capital Markets 
                                           (Nominated Adviser and 
                                           Broker) 
       Telephone: 0207 796 4133           Telephone: 0207 496 3000 
       Email: nichols@hudsonsandler.com   Website: www.singercm.com 
 
 
      Notes to Editors: 
      Nichols plc is an international soft drinks business 
      with sales in over 73 countries, selling products in 
      both the Still and Carbonate categories. 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, Feel Good, Starslush, ICEE, Levi Roots 
      and Sunkist. 
 

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END

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March 14, 2022 06:54 ET (10:54 GMT)

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