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Nichols PLC (NICL)

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Monday 02 September, 2019

Nichols PLC

Grant of Options

RNS Number : 9296K
Nichols PLC
02 September 2019
 

Nichols plc

(the "Company")

 

Grant of Options

 

The Company announces that on 30 August 2019, options (the "LTIP Options") were granted for nil consideration over 1,412 ordinary shares of 10 pence each in the Company ("Ordinary Shares") to Nigel Rouch (PDMR) under the Company's Long Term Incentive Plan, as approved by its remuneration committee. The LTIP Options may be exercised for nil cost on 1 May 2022, subject to the achievement of profit-based financial targets for the Company for the years ended 31 December 2019, 2020 and 2021.

 

Further details regarding the LTIP Options are set out below in compliance with Article 19 of Regulation 596/2014.

 

Contacts:


Tim Croston, Group Chief Financial Officer


Nichols plc

Telephone: 0192 522 2222

Website: www.nicholsplc.co.uk



Alex Brennan / Hattie O'Reilly

Richard Lindley

Hudson Sandler

N+1 Singer (Nominated Adviser)

Telephone: 0207 796 4133

Telephone: 0207 496 3000

Email: [email protected]

 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.

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Nigel Rouch

2

 

Reason for the notification

 

a)

 

Position/status

 

 

IT Director (PDMR)

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

 

 

Options over new ordinary shares of 10p each in Nichols plc

 

ISIN Code: GB0006389398

b)

 

Nature of the transaction

 

 

Grant of share options

c)

 

Price(s) and volume(s)

 

 

 

Exercise price:

 

Volume(s):

£nil

1,412



d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A

e)

 

Date of the transaction

 

 

30/08/2019

f)

 

Place of the transaction

 

Off market

 

 

 

 

 

 

 

 


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