RNS Number : 3567U

Nichols PLC

23 January 2025

23 January 2025

(the "Company" or the "Group")

Board Responsibilities

Nichols plc, the diversified soft drinks Group, announces that David Taylor will rejoin the Company with effect from 3 February 2025 to support Richard Newman, Chief Financial Officer, who will be undertaking treatment for cancer. David joins as a non-Board finance director, and Richard will remain in his role and on the Board of Directors throughout this period.

David was Nichols' Interim CFO between June 2023 and March 2024, prior to Richard's appointment, during which time he developed a detailed understanding of the Group. David is an experienced Chief Financial Officer of AIM-listed companies, having previously served as the CFO of Churchill China plc for over 30 years.

Andrew Milne, Chief Executive Officer of Nichols, commented:

"On behalf of everyone at Nichols, I want to offer Richard and his family our full support and heartfelt best wishes as he undergoes his treatment. David is an experienced operator who knows the business well, and we welcome him back to the business to support the finance and company secretarial functions during this period."

Contacts

Nichols plc Andrew Milne, Chief Executive Officer Richard Newman, Chief Financial Officer	Telephone: 0192 522 2222
Singer Capital Markets (NOMAD & Broker) Steve Pearce / Jen Boorer / Oliver Platts	Telephone: 0207 496 3000 Website:  www.singercm.com
Hudson Sandler (Financial PR) Alex Brennan / Hattie Dreyfus / Harry Griffiths	Telephone: 0207 796 4133 Email:  nichols@hudsonsandler.com

Notes to Editors

Established in 1908, Nichols operates within the resilient soft drinks category and owns or licenses several brands. Nichols is geographically and operationally diversified, operating across three routes to market of UK Packaged, International Packaged and Out of Home.

In the UK, Nichols operates across five soft drinks sub-categories: squash, flavoured carbonates, fruit drinks, energy and flavoured water. Nichols' portfolio includes the iconic Vimto brand plus a growing portfolio of licensed brands including Levi Roots, ICEE, SLUSH PUPPiE and Sunkist.

Under its asset-light model, Vimto is prominent in areas such as the Middle East and Africa and is enjoyed in over 60 countries worldwide. 

For more information, visit the website: https://www.nicholsplc.co.uk/

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