17 May 2007 10:00
Nichols PLC17 May 2007 Date: Embargoed until 10.00hrs, Thursday 17 May 2007 Contacts: John Nichols, Executive Chairman Brendan Hynes, Group Finance Director Nichols plc Telephone: 01925 222222 Website: www.nicholsplc.co.uk Alistair Mackinnon-Musson Hudson Sandler Telephone: 020 7796 4133 Email: nichols@hspr.com Richard Evans Brewin Dolphin Securities (Nominated Adviser) Telephone: 0845 270 8602 Website: www.corporatefinance.brewin.co.uk Nichols plc AGM Statement John Nichols, Chairman of Nichols plc, the soft drinks group, will make thefollowing statement at the Group's Annual General Meeting to be held latertoday: "The Group has traded successfully since the beginning of the new financial yearand our results so far are on target to produce another year of growth. In ourSoft Drinks Operation, April was a particularly strong month and in DispenseSystems, the integration of Cariel Soft Drinks, acquired in April, into ourexisting Scottish-based Cabana business is progressing well and according toplan". "On 19 March 2007, Nichols PLC announced it was in preliminary discussionsregarding the possibility of an offer for the entire issued and to be issuedshare capital of the Company. These discussions continue, although there is nocertainty that an offer will be made. Further announcements will be made asappropriate". - ENDS - Notes to Editors: Nichols plc is now a highly focused soft drinks and dispensed cold drinksbusiness, comprising two operations: 1) Soft Drinks (sales and marketing of the Vimto brand throughout theworld, where it is now available in over 65 countries and of the Panda & Sunkistbrands in the UK) and 2) Dispense Systems (namely the Cabana & Beacon cold soft drinks on draught'dispense' businesses) This information is provided by RNS The company news service from the London Stock Exchange