Last checked at 20 Nov 2009 09:00
| Date: | Embargoed until 09.00am, Friday 20 November 2009 | |
| Contacts: | John Nichols, Non-Executive Chairman | |
| Brendan Hynes, Group Chief Executive | ||
| Nichols plc | ||
| Telephone: 01925 222222 | ||
| Website: www.nicholsplc.co.uk | ||
| Alistair Mackinnon-Musson | Mark Brady | |
| Nathan Field | Brewin Dolphin | |
| Hudson Sandler | (NOMAD) | |
| Telephone:020 7796 4133 | Telephone: 0845 213 4748 | |
| Email: nichols@hspr.com | 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) |