Nichols : Exercise of Options

Nichols plc

('Nichols' or the 'Company')

PDMR Dealing

Nichols announces that it was notified on 7 July 2017 that Simon Hunt-Brown, International Sales Director intends to exercise share options over 2,271ordinary shares of 10 pence each in the Company ('Ordinary Shares'), under the Company's 2014 SAYE Scheme at an exercise price of 792.3 pence per Ordinary Share.

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	Simon Hunt-Brown
2	Reason for the notification
a)	Position/status	International Sales Director 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	Ordinary Shares of 10p each
	Identification code	ISIN Code: GB0006389398
b)	Nature of the transaction	(i) Exercise of options
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			792.3 pence	2,271
d)	Aggregated information	N/A
	- Aggregated volume
	- Price
e)	Date of the transaction	7 July 2017
f)	Place of the transaction	Off market