Grant of Options

Nichols PLC

24 April 2026

 

24^th April 2026

(the "Company" or the "Group")

Grant of Options

Nichols plc, the diversified soft drinks Group, announces that on 20 April 2026 it made awards of nil cost options over ordinary shares of 10p each ("Awards" and "Ordinary Shares") to Matthew Rothwell, a person discharging managerial responsibility ("PDMR") of the Company.

The Awards have been granted over a maximum number of Ordinary Shares shown below. The Award is being made under the terms of the Nichols Long Term Incentive Plan ("LTIP").

Two awards have been granted to Matthew Rothwell as follows:

An annual Long Term Incentive Plan ("LTIP") award, which will vest on the third anniversary of the grant date, subject to continued employment and the achievement of the applicable performance conditions.

A further award, in accordance with the offer detailed in the Company's 2025 Annual Report, has been granted to compensate for incentives forfeited upon joining the Group. This replacement award will vest in three equal tranches on the first, second and third anniversaries of the grant date, namely 20 April 2027, 20 April 2028, and 20 April 2029, subject to continued employment within the Group. No additional performance conditions apply to this award. The market value of the award at grant was £150,000.

The details of the Awards are as follows:

PDMR	Title	Number of Ordinary Shares subject to LTIP Award	Number of Ordinary Shares subject to Replacement Award
Matthew Rothwell	Chief Financial Officer	38506	16095

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.     Matthew Rothwell
	Reason for the notification
a)	Position/status	1.     Matthew Rothwell, Chief Financial Officer
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	1.     Grant of options under LTIP 2.     Grant of options under replacement award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			nil	1.     38506 2.     16095
d)	Aggregated information
	- Aggregated volume	N/A - single transaction
	- Price
e)	Date of the transaction	20th April 2026
f)	Place of the transaction	Outside a trading venue

 

END