Nichols : PDMR Dealing and TVR

Nichols plc

('Nichols' or the 'Company')

PDMR Dealing and Total Voting Rights

Following the exercise of options by a PDMR (as detailed in the table below) and the transfer of 2,736 ordinary shares from treasury, 69,303 ordinary are held in treasury and the issued ordinary share capital of the Company is unchanged. There are 36,968,772 ordinary shares of 5p in issue with each share carrying the right to one vote. The total number of voting rights in the Company is 36,899,469.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nick Yates
2	Reason for the notification
a)	Position/status	PDMR
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 options (2015-2016 LTIP)
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£1	2,736
d)	Aggregated information
	- Aggregated volume	2,736
	- Price	£1
e)	Date of the transaction	21/06/18
f)	Place of the transaction	Off market