Nichols PLC Grant of SAYE Options and PDMR Dealings (7750V)
April 16 2021 - 7:33AM
UK Regulatory
TIDMNICL
RNS Number : 7750V
Nichols PLC
16 April 2021
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 2021 Save As You Earn Schemes (the 2021 "SAYE"
Scheme) for all eligible employees, one offering saving plans over
3 years, the other 5 years.
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 16 April 2021 at an exercise
price of 1,015 pence in accordance with the terms of the 2021 SAYE
Scheme. This represents a discount of 20% to the average mid-market
closing price for an Ordinary Share on the 3 business days from
Friday 19 March 2021 to Tuesday 23 March 2021 prior to the
invitation made to all eligible employees on Friday 26 March 2021
to participate in the scheme.
A total of 82 employees have chosen to participate in the scheme
and, accordingly, 35,065 Options have been granted representing
0.09% of the Company's issued share capital.
The following Persons Discharging Managerial Responsibility
(PDMRs) have chosen to participate in the 2021 SAYE Scheme:
PDMR Title Options granted
Andrew Milne Chief Executive Officer 1,064 (3 years)
Matthew Nichols International Director 1,477 (5 years)
Nicholas Yates OOH Sales and Operations 886 (3 years)
Director
Emma Hunt Marketing Director 177 (3 years)
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 Kent Steve Pearce / Rachel Hayes
Hudson Sandler N+1 Singer (Nominated Adviser
and Broker)
Telephone: 0207 796 4133 Telephone: 0207 496 3000
Email: nichols@hudsonsandler.com Website: www.n1singer.com
Notes to Editors:
Nichols plc is an international soft drinks business with sales
in over 85 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
Feel Good, Starslush, ICEE, Levi Roots and Sunkist.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Andrew Milne
----------------------------------- ---------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
----------------------------------- ---------------------------------------------
b) Initial notification Initial Notification
/Amendment
----------------------------------- ---------------------------------------------
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 Ordinary Shares of 10p each
financial instrument,
type of instrument
----------------------------------- ---------------------------------------------
Identification code ISIN Code: GB0006389398
----------------------------------- ---------------------------------------------
b) Nature of the transaction Grant of options under the Save as You
Earn (SAYE) scheme.
3-year savings plan.
----------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
------------------------ ----------------
Price(s) Volume(s)
------------------------ ----------------
1,015 pence 1,064
----------------------------------------------------------------- ----------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
-------------------------------------------------------------- -----------------------
e) Date of the transaction 16 April 2021
----------------------------------- ---------------------------------------------
f) Place of the transaction Outside a trading venue
----------------------------------- ---------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Matthew Nichols
----------------------------------- ---------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------
a) Position/status International Director
----------------------------------- ---------------------------------------------
b) Initial notification Initial Notification
/Amendment
----------------------------------- ---------------------------------------------
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 Ordinary Shares of 10p each
financial instrument,
type of instrument
----------------------------------- ---------------------------------------------
Identification code ISIN Code: GB0006389398
----------------------------------- ---------------------------------------------
b) Nature of the transaction Grant of options under the Save as You
Earn (SAYE) scheme.
5-year savings plan.
----------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
------------------------ ----------------
Price(s) Volume(s)
------------------------ ----------------
1,015 pence 1,477
----------------------------------------------------------------- ----------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
-------------------------------------------------------------- -----------------------
e) Date of the transaction 16 April 2021
----------------------------------- ---------------------------------------------
f) Place of the transaction Outside a trading venue
----------------------------------- ---------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Nicholas Yates
----------------------------------- ---------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------
a) Position/status OOH Sales and Operations Director
----------------------------------- ---------------------------------------------
b) Initial notification Initial Notification
/Amendment
----------------------------------- ---------------------------------------------
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 Ordinary Shares of 10p each
financial instrument,
type of instrument
----------------------------------- ---------------------------------------------
Identification code ISIN Code: GB0006389398
----------------------------------- ---------------------------------------------
b) Nature of the transaction Grant of options under the Save as You
Earn (SAYE) scheme.
3-year savings plan.
----------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
------------------------ ----------------
Price(s) Volume(s)
------------------------ ----------------
1,015 pence 886
----------------------------------------------------------------- ----------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
-------------------------------------------------------------- -----------------------
e) Date of the transaction 16 April 2021
----------------------------------- ---------------------------------------------
f) Place of the transaction Outside a trading venue
----------------------------------- ---------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Emma Hunt
----------------------------------- ---------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------
a) Position/status Marketing Director
----------------------------------- ---------------------------------------------
b) Initial notification Initial Notification
/Amendment
----------------------------------- ---------------------------------------------
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 Ordinary Shares of 10p each
financial instrument,
type of instrument
----------------------------------- ---------------------------------------------
Identification code ISIN Code: GB0006389398
----------------------------------- ---------------------------------------------
b) Nature of the transaction Grant of options under the Save as You
Earn (SAYE) scheme.
3-year savings plan.
----------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
------------------------ ----------------
Price(s) Volume(s)
------------------------ ----------------
1,015 pence 177
----------------------------------------------------------------- ----------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
-------------------------------------------------------------- -----------------------
e) Date of the transaction 16 April 2021
----------------------------------- ---------------------------------------------
f) Place of the transaction Outside a trading venue
----------------------------------- ---------------------------------------------
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END
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