Concert Party Shareholding
Nichols PLC has corrected its previously disclosed concert party shareholding, now reporting an aggregate interest of 13,377,925 Ordinary Shares, representing 36.2% of the company's issued share capital. This revised figure includes an additional 255,000 Ordinary Shares held in historic trusts, which were erroneously omitted from the original disclosure on 31 October 2024. These undeclared shares are held in trusts where John Nichols is the primary trustee, and potential beneficiaries are all within the Nichols Concert Party.
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Nichols plc ('Nichols', the 'Company' or the 'Group'), the diversified soft drinks group, announces a correction to the previously reported aggregate shareholding of the Nichols concert party (the "Nichols Concert Party"). On 31 October 2024 the Company disclosed that the Nichols Concert Party held 13,122,925 Ordinary Shares, 35.9% of the Company's issued share capital.
It has been brought to the Company's attention that, in addition to the Nichols Concert Party interests disclosed on 31 October 2024, certain members of the Nichols Concert Party were at that time also interested in, and remain interested in, an additional 255,000 Ordinary Shares held in historic trusts which had been erroneously omitted from the original concert party analysis.
As a result, the Nichols Concert Party holds an aggregate interest in 13,377,925 Ordinary Shares representing 36.2% of the Company's issued share capital.
The previously undeclared 255,000 Ordinary Shares are held in the following trusts, under the control of the trustees,of which John Nichols is the primary trustee. Any potential beneficiaries are all within the Nichols Concert Party:
| Trust | Trustee |
| Mrs EM Nichols 1996 Settlement Trust | John Nichols and Jane Harper (sister of John Nichols) |
| Mrs EM Nichols Will Trust | John Nichols (NED), James Nichols and Matt Nichols (NED) |
| PJ Nichols 1996 Settlement | John Nichols and Jane Harper (sister of John Nichols) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.