Nichols PLC Grant of Options (5930R)
15 June 2018 - 11:04PM
UK Regulatory
TIDMNICL
RNS Number : 5930R
Nichols PLC
15 June 2018
Nichols plc
(the "Company")
Grant of Options
The Company today announces that it has granted options for nil
consideration over a total of 34,153 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 GBP15.55 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: 0192 522 2222
Website: www.nicholsplc.co.uk
Alex Brennan Richard Lindley / James White
Hudson Sandler N+1 Singer (Nominated Adviser)
Telephone: 0207 796 Telephone: 0207 496 3000
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 Andrew Milne
----------------------------- ------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status 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 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 13,578
GBP15.55 1,929
----------------------------- ------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
----------------------------- ------------------------------------
e) Date of the transaction 13/06/2018
----------------------------- ------------------------------------
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 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 3,684
GBP15.55 1,929
----------------------------- ------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
----------------------------- ------------------------------------
e) Date of the transaction 13/06/2018
----------------------------- ------------------------------------
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 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 2,921
GBP15.55 1,929
----------------------------- ------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
----------------------------- ------------------------------------
e) Date of the transaction 13/06/2018
----------------------------- ------------------------------------
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 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 3,086
GBP15.55 1,929
----------------------------- ------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
----------------------------- ------------------------------------
e) Date of the transaction 13/06/2018
----------------------------- ------------------------------------
f) Place of the transaction Off market
----------------------------- ------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
-------------------------------------------------------------------
a) Name Robert Hammersley
----------------------------- ------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status 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 2,443
GBP15.55 1,929
----------------------------- ------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
----------------------------- ------------------------------------
e) Date of the transaction 13/06/2018
----------------------------- ------------------------------------
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 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 2,086
GBP15.55 1,929
----------------------------- ------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
----------------------------- ------------------------------------
e) Date of the transaction 13/06/2018
----------------------------- ------------------------------------
f) Place of the transaction Off market
----------------------------- ------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
-------------------------------------------------------------------
a) Name Christine Shillington
----------------------------- ------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status 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 2,700
GBP15.55 1,929
----------------------------- ------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
----------------------------- ------------------------------------
e) Date of the transaction 13/06/2018
----------------------------- ------------------------------------
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 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 2,171
GBP15.55 1,929
----------------------------- ------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
----------------------------- ------------------------------------
e) Date of the transaction 13/06/2018
----------------------------- ------------------------------------
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 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 1,484
GBP15.55 1,484
----------------------------- ------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
----------------------------- ------------------------------------
e) Date of the transaction 13/06/2018
----------------------------- ------------------------------------
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
DSHGGUPUQUPRGWA
(END) Dow Jones Newswires
June 15, 2018 09:04 ET (13:04 GMT)
Nichols (LSE:NICL)
Historical Stock Chart
From Apr 2024 to May 2024
Nichols (LSE:NICL)
Historical Stock Chart
From May 2023 to May 2024