Resulting PDMR shareholdings following options
Nichols PLC has issued a clarification regarding PDMR shareholdings following option exercises, detailing the net increase in shares retained by key executives after selling shares to cover tax liabilities. The Chief Executive Officer, Andrew Milne, now holds 148,487 shares, representing 0.406% of total voting rights, after exercising 62,802 options and selling 29,517 shares. Other directors also saw increases in their holdings, with Gary Brookes holding 4,334 shares, Sarah Caddy holding 3,365 shares, Angela Reay holding 1,732 shares, and Ed Shoebridge holding 1,574 shares.
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Nichols plc, the diversified soft drinks Group, announces the following clarification to its announcement released on 27 August 2026 entitled "Exercise of Options, Director/PDMR Dealing & Total Voting Rights" (RNS Number: 4935S).
The Company notes that the "Resulting shareholding" column included in the table within that announcement reflected the increase in the net number of Ordinary Shares retained following the exercise of share options and the sale of shares undertaken to satisfy associated tax liabilities.
For completeness, the table below sets out the beneficial shareholdings of the relevant Persons Discharging Managerial Responsibilities ("PDMRs") immediately following completion of the transactions, including Ordinary Shares held prior to the exercise of options.
| PDMR | Title | Number of Share Options exercised | Number of Ordinary Shares sold to satisfy tax liabilities | Resulting increase in shareholding | Previous Shareholding | Resulting Total Shareholding | Percentage of total voting rights |
|---|---|---|---|---|---|---|---|
| Andrew Milne | Chief Executive Officer | 62,802 | 29,517 | 33,285 | 115,202 | 148,487 | 0.406% |
| Gary Brookes | Operations Director | 5,822 | 2,736 | 3,086 | 1,248 | 4,334 | 0.012% |
| Sarah Caddy | Legal Director | 5,406 | 2,541 | 2,865 | 500 | 3,365 | 0.009% |
| Angela Reay | Marketing Director | 3,267 | 1,535 | 1,732 | 0 | 1,732 | 0.005% |
| Ed Shoebridge | Out of Home Commercial Director | 2,970 | 1,396 | 1,574 | 0 | 1,574 | 0.004% |
The Company confirms that all other information contained in the announcement released under RNS Number 4935S at 16.00 on 27 August 2026 remains unchanged.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.