Resulting PDMR shareholdings following options

Summary by AI BETAClose X

Nichols PLC has issued a clarification regarding PDMR shareholdings following option exercises, detailing the net increase in shares retained by key executives after selling shares to cover tax liabilities. The Chief Executive Officer, Andrew Milne, now holds 148,487 shares, representing 0.406% of total voting rights, after exercising 62,802 options and selling 29,517 shares. Other directors also saw increases in their holdings, with Gary Brookes holding 4,334 shares, Sarah Caddy holding 3,365 shares, Angela Reay holding 1,732 shares, and Ed Shoebridge holding 1,574 shares.

Disclaimer*

Nichols PLC
28 August 2026
 

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

Nichols plc

 

Andrew Milne, Chief Executive Officer

Matthew Rothwell, Chief Financial Officer

 

Telephone: 0192 522 2222

Singer Capital Markets (NOMAD & Broker)

 

Jen Boorer / Sara Hale / Amber Higgs / Carl Diebitsch

 

Telephone: 0207 496 3000

 

Website: www.singercm.com

Berenberg (Joint Broker)

 

Clayton Bush / Alix Mecklenburg-Solodkoff

Telephone: 0203 207 7800

 

Website: www.berenberg.de

 

Hudson Sandler (Financial PR)

 

Alex Brennan / Harry Griffiths / Jackson Redley

 

Telephone: 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, vitamin-fortified health and wellness brand VITHIT, plus a growing portfolio of licensed brands including MyProtein, Levi Roots, ICEE, 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/

 

 

 

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Companies

Nichols (NICL)
UK 100

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