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An announcement from Nichols ( (GB:NICL) ) is now available.
Nichols plc has corrected its previously reported aggregate shareholding for the Nichols concert party, revealing that the group’s concert party actually holds 13,377,925 ordinary shares, equal to 36.2% of the company’s issued share capital. The revision stems from the discovery that an additional 255,000 shares held in historic family trusts, controlled by trustees including non-executive director John Nichols, had been omitted from earlier disclosures.
The updated figure modestly increases the disclosed influence of the Nichols concert party over the company, clarifying the true extent of aligned shareholder interests within the founding family’s network of trusts. While the change does not alter operational strategy, it improves transparency around the company’s ownership structure, which is relevant for investors monitoring governance, control dynamics and any potential future corporate actions.
The most recent analyst rating on (GB:NICL) stock is a Buy with a £1760.00 price target. To see the full list of analyst forecasts on Nichols stock, see the GB:NICL Stock Forecast page.
Spark’s Take on NICL Stock
According to Spark, TipRanks’ AI Analyst, NICL is a Outperform.
The score is driven primarily by strong financial performance—especially profitability/margin strength and a near debt-free balance sheet—offset by weaker technicals showing a clear downtrend and negative momentum. Valuation and dividend yield are supportive, while recent corporate updates are modestly positive.
To see Spark’s full report on NICL stock, click here.
More about Nichols
Nichols plc is a diversified soft drinks group operating across the UK and international markets. The company participates in five soft drinks sub-categories in the UK, including squash, flavoured carbonates, fruit drinks, energy and flavoured water, and its portfolio features the iconic Vimto brand alongside licensed names such as Levi Roots, ICEE, SLUSH PUPPiE and Sunkist.
Under an asset-light model, Nichols serves three main routes to market: UK Packaged, International Packaged and Out of Home. Vimto has a strong presence in regions such as the Middle East and Africa and, together with other products, is enjoyed in more than 60 countries worldwide, supporting the group’s geographically diversified revenue base.
Average Trading Volume: 50,672
Technical Sentiment Signal: Sell
Current Market Cap: £337.8M
Find detailed analytics on NICL stock on TipRanks’ Stock Analysis page.