Nichols : Exercise of Options

Nichols plc('Nichols' or the 'Company')

PDMR Dealing

Nichols announces that it was notified on 26 June 2017 that on 20 June 2017, Marnie Millard, Group Chief Executive Officer, and Tim Croston, Group Chief Financial Officer, each exercised share options over 1,135 ordinary shares of 10 pence each in the Company ('Ordinary Shares'), under the Company's 2014 SAYE Scheme atan exercise price of 792.3 pence per Ordinary Share.

Following the exercises of share options, Marnie Millard's notifiable interest in the Company is 10,442 Ordinary Shares, representing 0.03% of the Company's issued Ordinary Shares and Tim Croston's notifiable interest in the Company is 17,135 Ordinary Shares, representing 0.05% of the Company's issued Ordinary Shares.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Contacts:
	Tim Croston, Group Chief Financial Officer
	Nichols plc
	Telephone: [phone]
	Website:www.nicholsplc.co.uk
	Richard Lindley / James White
	N+1 Singer (Nominated Adviser)
	Telephone: [phone]
	Website: www.n1singer.com

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marnie Millard
2	Reason for the notification
a)	Position/status	Group Chief Executive Officer of Nichols plc
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 Identification code	Ordinary Shares of 10p each ISIN Code: GB0006389398
b)	Nature of the transaction	(i) Exercise of options
c)	Price(s) and volume(s)	Price(s): Volume(s): (i) 792.3 pence 1,135
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	20/06/2017
f)	Place of the transaction	Off market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tim Croston
2	Reason for the notification
a)	Position/status	Group Chief Financial Officer of Nichols plc
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 Identification code	Ordinary Shares of 10p each ISIN Code: GB0006389398
b)	Nature of the transaction	(ii) Exercise of options
c)	Price(s) and volume(s)	Price(s): Volume(s): (ii) 792.3 pence 1,135
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	20/06/2017
f)	Place of the transaction	Off market