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LONDON - Nichols plc announced that Chief Executive Officer Andrew Milne exercised options for 1,513 ordinary shares on June 4, 2025, under the company’s 2020 5-year Save As You Earn Scheme. The exercise price was 793 pence per share.
The soft drinks group, known for its Vimto brand, stated that the shares were transferred from the Nichols Employee Share Ownership Trust to satisfy the option exercise.
Following this transaction, Milne now holds 55,407 ordinary shares, representing 0.152% of the company’s issued share capital.
Nichols plc operates in the soft drinks category across three market segments: UK Packaged, International Packaged, and Out of Home. The company’s portfolio includes Vimto and licensed brands such as Levi Roots (TSX:ROOT), ICEE, SLUSH PUPPiE, and Sunkist.
The company distributes its products in over 60 countries worldwide, with significant presence in the Middle East and Africa.
The transaction was reported in accordance with regulatory requirements for persons discharging managerial responsibilities. The information was provided in a company press release statement.
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