NICHOLS PLC

Director's Dealing • May 29, 2025

National Storage Mechanism | Additional information

RNS Number : 6737K

Nichols PLC

29 May 2025

29 May 2025

Nichols plc

(the "Company" or "Group")

Exercise of Options, Director / PDMR Dealing & Total Voting Rights

Nichols plc, the diversified soft drinks Group, announces that on 28 May 2025 share options ("Share Options") were exercised over, in aggregate, 39,206 ordinary shares of 10 pence each in the Company ("Ordinary Shares") under the Company's Hybrid Incentive Plan at an exercise price of nil pence per Ordinary Share. To satisfy the exercise of Share Options, 39,206 Ordinary Shares have been transferred out of treasury.

Following the exercise of Share Options, certain Directors and Employees of the Company sold Ordinary Shares in order to satisfy tax liabilities resulting from the exercise of Share Options. Details of those Persons Discharging Managerial Responsibilities ("PDMRs") who exercised Share Options and subsequently sold Ordinary Shares are as follows:

PDMR	Title	Number of Share Options exercised	Number of Ordinary Shares sold to satisfy tax liabilities	Resulting shareholding	Percentage of total voting rights
Andrew Milne	Group Chief Executive Officer	30,435*	12,783	53,894	0.147%
Sarah Caddy	Legal Director	3,569	3,069* *	500	0.001%
Gary Brookes	Supply Chain & Sustainability Director	2,152	904	1,248	0.003%

*The total number of Share Options exercised by Andrew Milne includes the deferred element of the award from grant, being 27,572 Ordinary Shares, and dividend equivalents on the deferred element of the award for the period between assessment and payout, being 2,863 Ordinary Shares.

** Ordinary Shares sold by Sarah Caddy were used to satisfy tax liabilities and for personal reasons.

Total Voting Rights

The issued share capital of the Company consists of 36,968,772 Ordinary Shares of which 399,204 are held in Treasury. Therefore, the total number of Ordinary Shares carrying voting rights in the Company is 36,569,568. This figure of 36,569,568 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the Disclosure Guidance and Transparency Rules.

Enquiries:

Nichols plc Andrew Milne, Chief Executive Officer David Taylor, Interim Finance Director	0192 522 2222
Singer Capital Markets (Nominated Adviser and Broker) Jen Boorer Tom Salvesen Oliver Platts	0207 496 3000 Website: www.singercm.com
Berenberg (Joint Broker) Clayton Bush Alix Mecklenburg-Solodkoff	0203 207 7800 Website: www.berenberg.de
Hudson Sandler (Financial PR) Alex Brennan Hattie Dreyfus Harry Griffiths	0207 796 4133 Email: nichols@hudsonsandler.com

Notes to Editors

Established in 1908, Nichols operates within the resilient soft drinks category and owns or licenses several brands. Nichols is geographically and operationally diversified, operating across three routes to market of UK Packaged, International Packaged and Out of Home.

In the UK, Nichols operates across five soft drinks sub-categories: squash, flavoured carbonates, fruit drinks, energy and flavoured water. Nichols' portfolio includes the iconic Vimto brand plus a growing portfolio of licensed brands including Levi Roots, ICEE, SLUSH PUPPiE and Sunkist.

Under its asset-light model, Vimto is prominent in areas such as the Middle East and Africa and is enjoyed in over 60 countries worldwide.

For more information, visit the website: https://www.nicholsplc.co.uk/

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.     Andrew Milne 2.     Sarah Caddy 3.     Gary Brookes
2	Reason for the notification
a)	Position/status	1.     PDMR (Group Chief Executive Officer) 2.     PDMR (Legal Director) 3.     PDMR (Supply Chain & Sustainability Director)
b)	Initial notification /Amendment	Initial Notification
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 financial instrument, type of instrument	Ordinary Shares of 10p each
	Identification code	ISIN Code: GB0006389398
b)	Nature of the transaction	Exercise of Share Options over Ordinary Shares under Nichols Hybrid Incentive Plan
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		1.     Nil pence	30,435
		2.     Nil pence	3,569
		3.     Nil pence	2,152
d)	Aggregated information
- Aggregated volume	N/A - single transactions
- Price
e)	Date of the transaction	28 May 2025
f)	Place of the transaction	Off market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.     Andrew Milne 2.     Sarah Caddy 3.     Gary Brookes
2	Reason for the notification
a)	Position/status	1.     PDMR (Group Chief Executive Officer) 2.     PDMR (Legal Director) 3.     PDMR (Supply Chain & Sustainability Director)
b)	Initial notification /Amendment	Initial Notification
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 financial instrument, type of instrument	Ordinary Shares of 10p each
	Identification code	ISIN Code: GB0006389398
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		1.     1,250 pence	12,783
		2.     1,250 pence	3,069
		3.     1,250 pence	904
d)	Aggregated information
- Aggregated volume	N/A - single transactions
- Price
e)	Date of the transaction	28 May 2025
f)	Place of the transaction	London Stock Exchange

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