Directorate Change

RNS Number : 8161C

Nichols PLC

20 November 2009

 



Date:	Embargoed until 09.00am, Friday 20 November 2009
Contacts:	John Nichols, Non-Executive Chairman
	Brendan Hynes, Group Chief Executive
	Nichols plc
	Telephone: [phone]
	Website:  www.nicholsplc.co.uk
	Alistair Mackinnon-Musson	Mark Brady
	Nathan Field	Brewin Dolphin
	Hudson Sandler	(NOMAD)
	Telephone:[phone]	Telephone: [phone]
	Email: [e-mail]	Website: www.corporatefinance.brewin.co.uk

Nichols plc

BOARD APPOINTMENT

Nichols plc, the soft drinks group, announces that Mr Tim Croston has been appointed as Group Finance Director with effect from 1 January 2010 to fill the current vacancy.

Tim has been Finance and Operations Director of the Vimto Soft Drinks Division for the past two years and prior to this was the Nichols PLC Group Financial Controller.  He joined the Group four years ago from BSN Medical Limited, part of the Smith & Nephew Group, where he was Financial Controller.

Tim is aged 46 and is an FCCA qualified accountant.

Commenting John Nichols, Non Executive Chairman, said:

"The Board is absolutely delighted to announce Tim's appointment as Group Finance Director. He has been a key member of the management team in our successful Soft Drinks Division over the last two years, which grew its operating profits by nearly 16% last year". 

"In welcoming Tim to the Board, we would also like to congratulate him on his new role and we look forward to working with him as part of the senior Group team".

Notes:

Current Directorships for Timothy John Croston	None
Previous Directorships (last five years)	None

There are no further matters in connection with the appointment of Tim Croston to be disclosed under Schedule Two paragraph (g) of the AIM Rules.

- ENDS - 

Notes to Editors:

Nichols plc is a highly focused soft drinks and dispensed cold drinks business, comprising two operations: 

1.	Soft Drinks (sales and marketing of the Vimto brand throughout the world, where it is now available in over 65 countries and of the Panda & Sunkist brands in the UK) and
2.	Dispense Systems (namely the Cabana, Beacon, Cariel & Dayla cold soft drinks on draught 'dispense' businesses)

---

 

END

 

 

BOAEAXFNFAXNFFE