Nichols PLC has announced the launch of two 2024 Save As You Earn Schemes (SAYE) for eligible employees, offering saving plans over 3 and 5 years. Employees were invited to subscribe for options over the Company's ordinary shares, granted at an exercise price of 788 pence, representing a 20% discount. A total of 95 employees have participated, with 73,941 Options granted, representing 0.20% of the Company's issued share capital.

Several Persons Discharging Managerial Responsibility (PDMRs) have chosen to participate in the 2024 SAYE Scheme, with options granted and certain options under the 2023 SAYE scheme being cancelled due to their participation. The PDMRs include Richard Newman, Chief Financial Officer; Edward Shoebridge, Out of Home Commercial Director; Sarah Caddy, Legal Director; and Gary Brookes, Operations Director.

The company's iconic Vimto brand is popular in the UK, Middle East, and Africa, and it also owns other well-known brands such as SLUSH PUPPiE, Starslush, ICEE, Levi Roots, and Sunkist. For more information about Nichols, visit their website.