Nichols PLC Director/PDMR Shareholding (6312G)
09 August 2016 - 4:58PM
UK Regulatory
TIDMNICL
RNS Number : 6312G
Nichols PLC
09 August 2016
Nichols plc
("Nichols" or the "Company")
Exercise of Share Options, PDMR Dealing and Transaction in Own
Shares
Nichols announces that it was notified on 8 August 2016 that on
the same day, Marnie Millard, Group Chief Executive Officer,
exercised share options over 17,561 ordinary shares of 10 pence
each in the Company ("Ordinary Shares"), granted in 2013 under the
Company's Long Term Incentive Plan, for a total cost of GBP1. The
share options became exercisable on 31 July 2016 following
satisfaction of a number of performance conditions relating to the
Company's profit before tax. To satisfy the exercise of the share
options, 17,561 existing Ordinary Shares were transferred from
treasury. Following this announcement, the Company now holds 85,039
Ordinary Shares in treasury.
On 8 August 2016, Marnie Millard sold 8,254 Ordinary Shares to
settle the associated tax liability, as a result of the exercise of
options, at 1,400 pence per Ordinary Share.
Following the exercise of share options and the subsequent sale
of Ordinary Shares, Marnie Millard's notifiable interest in the
Company is 9,307 Ordinary Shares, representing approximately 0.03%
of the Company's issued Ordinary Shares.
Contacts: Tim Croston, Group Chief Financial Officer
Nichols plc
Telephone: 01925 222222
Website:www.nicholsplc.co.uk
Richard Lindley and James White
N+1 Singer (Nominated Adviser)
Telephone: 0207 496 3000
1. Details of PDMR / person closely associated
with them ("PCA")
--- --------------------------------------------------------------
a) Name Marnie Millard
--- ------------------------------ ------------------------------
b) Position Group Chief Executive Officer
/ status
--- ------------------------------ ------------------------------
c) Initial Initial notification
notification
/ amendment
--- ------------------------------ ------------------------------
2. 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 Ordinary Shares
of the financial
instrument
--- ------------------------------ ------------------------------
b) Nature of Exercise of Options
the transaction
--- ------------------------------ ------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) --------------- ----------
GBP1 in total 17,561
--------------- ----------
--- ------------------------------ ------------------------------
d) Aggregated N/A - single transaction
information
* Aggregated volume
* Price
--- ------------------------------ ------------------------------
e) Date of 8 August 2016
the transaction
--- ------------------------------ ------------------------------
f) Place of London Stock Exchange, AIM
the transaction
--- ------------------------------ ------------------------------
1. Details of PDMR / person closely associated
with them ("PCA")
--- --------------------------------------------------------------
a) Name Marnie Millard
--- ------------------------------ ------------------------------
b) Position Group Chief Executive Officer
/ status
--- ------------------------------ ------------------------------
c) Initial Initial notification
notification
/ amendment
--- ------------------------------ ------------------------------
2. 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 Ordinary Shares
of the financial
instrument
--- ------------------------------ ------------------------------
b) Nature of Disposal of Shares
the transaction
--- ------------------------------ ------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) --------- ----------
1,400p 8,254
--------- ----------
--- ------------------------------ ------------------------------
d) Aggregated N/A - single transaction
information
* Aggregated volume
* Price
--- ------------------------------ ------------------------------
e) Date of 8 August 2016
the transaction
--- ------------------------------ ------------------------------
f) Place of London Stock Exchange, AIM
the transaction
--- ------------------------------ ------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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August 09, 2016 02:58 ET (06:58 GMT)