Nichols PLC Grant of Options

Fecha : 02/09/2019 @ 08:03
Fuente : UK Regulatory (RNS & others)
Emisora : Nichols Plc (NICL)
Cotización : 1552.5  27.5 (1.80%) @ 10:35
Nichols Cotización de acciones Gráfica

Nichols PLC Grant of Options

Nichols (LSE:NICL)
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3 Meses : De Ago 2019 a Nov 2019

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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 
     -----------------------------  ------------------------------------ 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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