Last checked at 23 Mar 2023 14:42
Nichols plc
(the "Company" or "Group')
PDMR / PCA Dealing
Nichols plc, the diversified soft drinks Group, announces that it was notified on 23 March 2023 of the following transaction by the following Person Discharging Managerial Responsibilities ("PDMR").
The attached notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.
Contacts
Notes to Editors: Nichols plc is an international soft drinks business with sales in over 73 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 SLUSH PUPPiE, Feel Good, Starslush, ICEE, Levi Roots and Sunkist.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them | ||||||||||||||||||||
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1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| James Nichols | |||
2
| Reason for the notification | ||||
a)
| Position/status
| Non-Executive Director | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
| Name
| Nichols plc | |||
b)
| LEI
| 213800EF5CMR3K8PND54
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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
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a)
| Description of the financial instrument, type of instrument
| Ordinary Shares of 10p each | |||
Identification code | ISIN Code: GB0006389398
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b)
| Nature of the transaction | 1. The pledge to UBS of 560,000 Ordinary Shares as security against a personal bank loan will cease on 23 March 2023.
2. A new pledge to Julius Baer of 835,476 Ordinary Shares as security against a personal bank loan will commence on 23 March 2023.
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c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
1. Nil 2. Nil | 560,000 835,476 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | In respect of 1 and 2 in 4(c): N/A - Single transactions | ||||
- Price | |||||
e)
| Date of the transaction | 23 March 2023 | |||
f)
| Place of the transaction
| Outside a trading venue | |||