Nichols PLC Grant of Options (6440H)
09 June 2017 - 5:18PM
UK Regulatory
TIDMNICL
RNS Number : 6440H
Nichols PLC
09 June 2017
Nichols plc
(the "Company")
Grant of Options
The Company today announces that it has granted options for nil
consideration over a total of 181,396 ordinary shares of 10 pence
each to certain of its employees under the Company's Long Term
Incentive Plan (the "LTIP") together with linked options granted
under Schedule A (United Kingdom - CSOP Options) to the LTIP (the
"CSOP"), as approved by its remuneration committee. The LTIP
options may be exercised for nil cost, while the CSOP options are
exercisable at GBP17.02 per ordinary share. Both sets of options
will vest subject to achievement of profit-based financial targets
on 6 June 2020.
The LTIP options and linked CSOP options have been granted
together to allow, where possible, the option holder to receive any
gain on their LTIP option in a tax efficient manner. The option
holder will receive the same gross gain as they would have received
had they only been granted the LTIP option. At the time of
exercise, to the extent that there is a gain on the CSOP option,
the option granted under the LTIP will be forfeited to the same
value.
Details of options granted to persons discharging managerial
responsibility are set out below in compliance with Article 19 of
Regulation 596/2014.
Contacts: John Nichols, Non-Executive Chairman
Marnie Millard, Group Chief Executive Officer
Tim Croston, Group Chief Financial Officer
Andrew Milne, Group Commercial Director
Nichols plc
Telephone: 01925 222222
Website: www.nicholsplc.co.uk
Alex Brennan Richard Lindley / James
White
Hudson Sandler N+1 Singer (Nominated Adviser)
Telephone: 020 Telephone: 0207 496 3000
7796 4133
Email: nichols@hspr.com
Notes to Editors:
Nichols 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, Levi Roots and Sunkist.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Marnie Millard
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status CEO
--- ------------------------- --------------------------------
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 Options over New Ordinary
the financial Shares of 10p each in Nichols
instrument, type plc
of instrument
Identification
code ISIN Code: GB0006389398
--- ------------------------- --------------------------------
b) Nature of the Grant of Share Options
transaction
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Exercise price: Volume(s):
GBPnil 55,522
GBP17.02 1,762
--- ------------------------- --------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- --------------------------------
e) Date of the transaction 06/06/2017
--- ------------------------- --------------------------------
f) Place of the transaction Off market
--- ------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Tim Croston
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status CFO
--- ------------------------- --------------------------------
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 Options over New Ordinary
the financial Shares of 10p each in Nichols
instrument, type plc
of instrument
Identification
code ISIN Code: GB0006389398
--- ------------------------- --------------------------------
b) Nature of the Grant of Share Options
transaction
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Exercise price: Volume(s):
GBPnil 38,507
GBP17.02 1,762
--- ------------------------- --------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- --------------------------------
e) Date of the transaction 06/06/2017
--- ------------------------- --------------------------------
f) Place of the transaction Off market
--- ------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Andrew Milne
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Group commercial director
--- ------------------------- --------------------------------
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 Options over New Ordinary
the financial Shares of 10p each in Nichols
instrument, type plc
of instrument
Identification
code ISIN Code: GB0006389398
--- ------------------------- --------------------------------
b) Nature of the Grant of Share Options
transaction
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Exercise price: Volume(s):
GBPnil 36,716
GBP17.02 1,762
--- ------------------------- --------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- --------------------------------
e) Date of the transaction 06/06/2017
--- ------------------------- --------------------------------
f) Place of the transaction Off market
--- ------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Simon Hunt-Brown
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Employee
--- ------------------------- --------------------------------
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 Options over New Ordinary
the financial Shares of 10p each in Nichols
instrument, type plc
of instrument
Identification
code ISIN Code: GB0006389398
--- ------------------------- --------------------------------
b) Nature of the Grant of Share Options
transaction
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Exercise price: Volume(s):
GBPnil 12,721
GBP17.02 1,762
--- ------------------------- --------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- --------------------------------
e) Date of the transaction 06/06/2017
--- ------------------------- --------------------------------
f) Place of the transaction Off market
--- ------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Nick Yates
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Employee
--- ------------------------- --------------------------------
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 Options over New Ordinary
the financial Shares of 10p each in Nichols
instrument, type plc
of instrument
Identification
code ISIN Code: GB0006389398
--- ------------------------- --------------------------------
b) Nature of the Grant of Share Options
transaction
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Exercise price: Volume(s):
GBPnil 9,962
GBP17.02 1,762
--- ------------------------- --------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- --------------------------------
e) Date of the transaction 06/06/2017
--- ------------------------- --------------------------------
f) Place of the transaction Off market
--- ------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Andrew Johnson
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Employee
--- ------------------------- --------------------------------
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 Options over New Ordinary
the financial Shares of 10p each in Nichols
instrument, type plc
of instrument
Identification
code ISIN Code: GB0006389398
--- ------------------------- --------------------------------
b) Nature of the Grant of Share Options
transaction
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Exercise price: Volume(s):
GBPnil 7,899
GBP17.02 1,762
--- ------------------------- --------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- --------------------------------
e) Date of the transaction 06/06/2017
--- ------------------------- --------------------------------
f) Place of the transaction Off market
--- ------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Marcella Kain
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Employee
--- ------------------------- --------------------------------
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 Options over New Ordinary
the financial Shares of 10p each in Nichols
instrument, type plc
of instrument
Identification
code ISIN Code: GB0006389398
--- ------------------------- --------------------------------
b) Nature of the Grant of Share Options
transaction
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Exercise price: Volume(s):
GBPnil 7,010
GBP17.02 1,762
--- ------------------------- --------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- --------------------------------
e) Date of the transaction 06/06/2017
--- ------------------------- --------------------------------
f) Place of the transaction Off market
--- ------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Emma Hunt
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Employee
--- ------------------------- --------------------------------
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 Options over New Ordinary
the financial Shares of 10p each in Nichols
instrument, type plc
of instrument
Identification
code ISIN Code: GB0006389398
--- ------------------------- --------------------------------
b) Nature of the Grant of Share Options
transaction
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Exercise price: Volume(s):
GBPnil 5,642
GBP17.02 1,762
--- ------------------------- --------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- --------------------------------
e) Date of the transaction 06/06/2017
--- ------------------------- --------------------------------
f) Place of the transaction Off market
--- ------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Allan Doyle
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Employee
--- ------------------------- --------------------------------
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 Options over New Ordinary
the financial Shares of 10p each in Nichols
instrument, type plc
of instrument
Identification
code ISIN Code: GB0006389398
--- ------------------------- --------------------------------
b) Nature of the Grant of Share Options
transaction
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Exercise price: Volume(s):
GBPnil 2,936
GBP17.02 1,762
--- ------------------------- --------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- --------------------------------
e) Date of the transaction 06/06/2017
--- ------------------------- --------------------------------
f) Place of the transaction Off market
--- ------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Lynne Poole
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Employee
--- ------------------------- --------------------------------
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 Options over New Ordinary
the financial Shares of 10p each in Nichols
instrument, type plc
of instrument
Identification
code ISIN Code: GB0006389398
--- ------------------------- --------------------------------
b) Nature of the Grant of Share Options
transaction
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Exercise price: Volume(s):
GBPnil 2,474
GBP17.02 1,762
--- ------------------------- --------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- --------------------------------
e) Date of the transaction 06/06/2017
--- ------------------------- --------------------------------
f) Place of the transaction Off market
--- ------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Gillian Long
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Employee
--- ------------------------- --------------------------------
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 Options over New Ordinary
the financial Shares of 10p each in Nichols
instrument, type plc
of instrument
Identification
code ISIN Code: GB0006389398
--- ------------------------- --------------------------------
b) Nature of the Grant of Share Options
transaction
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Exercise price: Volume(s):
GBPnil 2,007
GBP17.02 1,762
--- ------------------------- --------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- --------------------------------
e) Date of the transaction 06/06/2017
--- ------------------------- --------------------------------
f) Place of the transaction Off market
--- ------------------------- --------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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