Nichols plc announced that as announced in October 2019, Tim will step down from the Board by 30 June 2020 and the company welcome David Rattigan as new Chief Financial Officer, who officially takes up the role on 2 March 2020.

The company recommend a final dividend of 28.0 pence per share (2018: 26.8 pence). If approved by shareholders, the total dividend for 2019 will be 40.4 pence per share (2018: 38.1 pence), an increase of 6.0% on the prior year. Subject to shareholder approval, the final dividend will be paid on 1 May 2020 to shareholders registered on 20 March 2020; the ex-dividend date is 19 March 2020.