Nichols PLC Grant of Options (9296K)
02 Septiembre 2019 - 8:03AM
UK Regulatory
TIDMNICL
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 Richard Lindley
O'Reilly
Hudson Sandler N+1 Singer (Nominated Adviser)
Telephone: 0207 796 Telephone: 0207 496 3000
4133
Email: nichols@hspr.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.
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 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 Options over new ordinary shares
financial instrument, of 10p each in Nichols plc
type of instrument
ISIN Code: GB0006389398
Identification code
----------------------------- ------------------------------------
b) Nature of the transaction Grant of share options
----------------------------- ------------------------------------
c) Price(s) and volume(s) Exercise price: Volume(s):
GBPnil 1,412
----------------------------- ------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
----------------------------- ------------------------------------
e) Date of the transaction 30/08/2019
----------------------------- ------------------------------------
f) Place of the transaction Off market
----------------------------- ------------------------------------
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END
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