REG - Accrol Group Hldgs - PDMR Dealings

Accrol groupAnnouncement

14/01/2021 07:00

RNS Number : 6151L
  
Accrol Group Holdings PLC
  
14 January 2021
  
 

14 January 2021
 
 
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014.  Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
 
 
Accrol Group Holdings plc
(the "Company")
AIM: ACRL
 
PDMR Dealings
 
Accrol Group Holdings plc, a leading independent tissue converter in the UK, announces that as a result of the Company releasing its half-year results for the six months ended 31 October 2020, certain shares held by PDMRs have ceased to be locked in and as a result the following PDMR dealings have occurred.
 



PDMR 


Number of ordinary shares held pre dealing


Number of ordinary shares sold 


Number of ordinary shares held post dealing


% of issued share capital held post dealing


























Gareth Jenkins


5,598,632


1,333,000


4,265,632


1.37%




Mark Dewhurst


1,489,975


444,000


1,045,975


0.34%




Graham Cox


683,970


333,000


350,970


0.11%



 
Further details of the PDMR dealings are included below.
 



For further information, please contact:


















Accrol Group Holdings plc








Dan Wright, Executive Chairman


Via Belvedere Communications




Gareth Jenkins, Chief Executive Officer


















Zeus Capital Limited (Nominated Adviser & Broker) 








Dan Bate / Jordan Warburton


Tel: +44 (0) 161 831 1512




Dominic King / John Goold 


Tel: +44 (0) 203 829 5000














Liberum Capital Limited (Joint Broker)


Tel: +44 (0) 20 3100 2222




Clayton Bush / Edward Thomas


















Belvedere Communications Limited








Cat Valentine


Tel: +44 (0) 7715 769 078




Keeley Clarke 


Tel: +44 (0) 7967 816 525




Llew Angus


Tel:  +44 (0) 7407 023 147








accrolpr@belvederepr.com



 
Overview of Accrol
 
Accrol Group Holdings plc is a leading tissue converter and supplier of toilet tissues, kitchen rolls and facial tissues to many of the UK's leading discounters and grocery retailers across the UK. Following the recent acquisition of a state-of-the-art tissue converter based in Leicester, the Group now operates from five sites, including four in Lancashire, which generate revenues totalling c.16% of the £1.7bn UK retail tissue market.
 
For more information, please visit www.accrol.com. 
 
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
 
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
 





1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Gareth Jenkins




2


Reason for the notification




a)


Position/status


Chief Executive Officer




b)
 


Initial notification /Amendment


Initial notification




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Accrol Group Holdings plc




b)


LEI


213800MC56M5G69RJ226




4
 


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




a)
 


Description of the financial instrument, type of instrument
Identification code


Ordinary shares of £0.001 each
 
 
 
ISIN: GB00BZ6VT592




b)


Nature of the transaction


Sale of shares











c)


Price(s) and volume(s)


Price: £0.705
Volume: 1,333,000







d)


Aggregated information
- Aggregated volume
- Price


Price: £0.705
Volume: 1,333,000







e)


Date of the transaction


13 January 2021




f)


Place of the transaction


London Stock Exchange, AIM






 





1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Mark Dewhurst




2


Reason for the notification




a)


Position/status


Chief Operating Officer




b)
 


Initial notification /Amendment


Initial notification




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Accrol Group Holdings plc




b)


LEI


213800MC56M5G69RJ226




4
 


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




a)
 


Description of the financial instrument, type of instrument
Identification code


Ordinary shares of £0.001 each
 
 
 
ISIN: GB00BZ6VT592




b)


Nature of the transaction


Sale of shares











c)


Price(s) and volume(s)


Price: £0.705
Volume: 444,000







d)


Aggregated information
- Aggregated volume
- Price


Price: £0.705
Volume: 444,000







e)


Date of the transaction


13 January 2021




f)


Place of the transaction


London Stock Exchange, AIM






 





1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Graham Cox




2


Reason for the notification




a)


Position/status


Commercial Director




b)
 


Initial notification /Amendment


Initial notification




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Accrol Group Holdings plc




b)


LEI


213800MC56M5G69RJ226




4
 


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




a)
 


Description of the financial instrument, type of instrument
Identification code


Ordinary shares of £0.001 each
 
 
 
ISIN: GB00BZ6VT592




b)


Nature of the transaction


Sale of shares











c)


Price(s) and volume(s)


Price: £0.705
Volume: 333,000







d)


Aggregated information
- Aggregated volume
- Price


Price: £0.705
Volume: 333,000







e)


Date of the transaction


13 January 2021




f)


Place of the transaction


London Stock Exchange, AIM






 
 
 

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