Grant of SAYE Options and PDMR Dealings

Nichols PLC

03 June 2026

 

3 June 2026

(the "Company" or the "Group")

Grant of SAYE Options and PDMR Dealings

Nichols plc, the diversified soft drinks Group, announces the launch of its 2026 Save As You Earn Schemes (the "2026 SAYE Scheme") for all eligible employees, offering a saving plan over 3 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 24 April 2026 at an exercise price of 736 pence in accordance with the terms of the 2026 SAYE Scheme. This represents a discount of 20% from the average mid-market closing price over three business days from Wednesday 25 March 2026 to Friday 27 March 2026 prior to the invitation made to all eligible employees on Monday 30 March 2026. The Options are exercisable from April 2029 and April 2031 respectively.

A total of 100 employees have participated in the scheme and 73,644 Options have been granted representing 0.20% of the Company's issued share capital.

The following Persons Discharging Managerial Responsibility ("PDMRs") have chosen to participate in the 2026 SAYE Scheme:

PDMR	Title	Number of Options Granted
Andrew Milne	Chief Executive Officer	2,472
Helen Hartley	UK Packaged Commercial Director	2,472
Matthew Nichols	International Packaged Commercial Director	1,236
Gary Brookes	Operations Director	989
Rachel Armer	People Director	1,483

Contacts

Nichols plc Andrew Milne, Chief Executive Officer Matthew Rothwell, Chief Financial Officer Telephone: [phone] Singer Capital Markets (NOMAD & Broker) Jen Boorer / Sara Hale Telephone: [phone] Website: www.singercm.com Berenberg (Joint Broker) Clayton Bush / Alix Mecklenburg-Solodkoff Telephone: [phone] Website: www.berenberg.de Hudson Sandler (Financial PR) Alex Brennan / Hattie Dreyfus /  Harry Griffiths Telephone: [phone] Email: [e-mail] 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/

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	1.     Andrew Milne 2.     Helen Hartley 3.     Matthew Nichols 4.     Gary Brookes 5.     Rachel Armer
	Reason for the notification
a)	Position/status	1.     Andrew Milne, Chief Executive Officer 2.     Helen Hartley, UK Packaged Commercial Director 3.     Matthew Nichols, International Packaged Commercial Director 4.     Gary Brookes, Operations Director 5.     Rachel Armer, People Director
b)	Initial notification /Amendment	Initial Notification
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 Identification code	Ordinary Shares of 10p each ISIN Code: GB0006389398
b)	Nature of the transaction	Grant of options under the 2026 Save as You Earn (SAYE) scheme. 3-year savings plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			736 pence	1.     2,472 2.     2,472 3.     1,236 4.     989 5.     1,483
d)	Aggregated information
	- Aggregated volume	Volume: 8,652
	- Price	Price: 736 pence
e)	Date of the transaction	24 April 2026
f)	Place of the transaction	Outside a trading venue

 

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