REG - Accrol Group Hldgs - Director Dealings

Accrol groupAnnouncement

22/08/2023 07:00

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RNS Number : 9930J  Accrol Group Holdings PLC  22 August 2023

22 August 2023

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

 

Accrol Group Holdings plc

("Accrol", the "Group" or the "Company")

 

Director Dealings

 

Accrol (AIM:ACRL), the UK's leading independent tissue convertor, has been
notified that Dan Wright, the Executive Chairman, and Gareth Jenkins, the
Chief Executive Officer have purchased an aggregate of 185,758 ordinary shares
of £0.001 each ("Ordinary Shares") at a price of 32.3 pence per Ordinary
Share. Details of the dealings are included in the table below:

 

 Director        Ordinary Shares purchased  Ordinary Shares beneficially owned  % of issued share capital
 Dan Wright      92,879                     12,608,422*                         3.95%
 Gareth Jenkins  92,879                     4,515,808**                         1.42%

( )

* 10,786,972 of these shares are registered in the name of Gomrath Limited, a
family investment company controlled by Dan Wright

** 3,741,346 of these shares are registered in the name of Gareth's wife Susan
Jenkins

 

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                                                         Dan Wright
 2    Reason for the notification
 a)   Position/status                                              Executive Chairman
 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  Ordinary shares of £0.001 each

      Identification code

                                                                   ISIN: GB00BZ6VT592
 b)   Nature of the transaction                                    Purchase of Ordinary Shares
 c)   Price(s) and volume(s)                                        Price(s)   Volume(s)
                                                                   32.3 pence  92,879
 d)   Aggregated information                                       N/A - Single transaction

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      21 August 2023
 f)   Place of the transaction                                     London Stock Exchange, AIM

d)

Aggregated information

- Aggregated volume

- Price

N/A - Single transaction

e)

Date of the transaction

21 August 2023

f)

Place of the transaction

London Stock Exchange, AIM

 

 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  Ordinary shares of £0.001 each

      Identification code

                                                                   ISIN: GB00BZ6VT592
 b)   Nature of the transaction                                    Purchase of Ordinary Shares
 c)   Price(s) and volume(s)                                        Price(s)   Volume(s)
                                                                   32.3 pence  92,879
 d)   Aggregated information                                       N/A - Single transaction

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      21 August 2023
 f)   Place of the transaction                                     London Stock Exchange, AIM

d)

Aggregated information

- Aggregated volume

- Price

N/A - Single transaction

e)

Date of the transaction

21 August 2023

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 For further information, please contact:

 Accrol Group Holdings plc
 Dan Wright, Executive Chairman                 Via Belvedere Communications
 Gareth Jenkins, Chief Executive Officer

 Richard Newman, Chief Financial Officer

 Zeus (Nominated Adviser & Joint Broker)
 Dan Bate / Jordan Warburton / Kieran Russell   Tel: +44 (0) 161 831 1512
 Dominic King                                   Tel: +44 (0) 203 829 5000

 Shore Capital Stockbrokers (Joint Broker)      Tel: +44 (0) 20 7408 4090
 Malachy McEntyre / Mark Percy / James Thomas

 Belvedere Communications Limited
 Cat Valentine                                  Tel: +44 (0) 7715 769 078
 Keeley Clarke                                  Tel: +44 (0) 7967 816 525
                                                accrolpr@belvederepr.com

 

 

Overview of Accrol

 

Accrol Group Holdings plc is a leading tissue converter and supplier of toilet
tissues, kitchen rolls, facial tissues, and wet wipes to many of the UK's
leading discounters and grocery retailers across the UK. The Group now
operates from six manufacturing sites, including four in Lancashire, which
together supply c.21.5% (volume) of the UK tissue market valued at c£2.5bn at
retail sales value.

 

For more information, please visit www.accrol.com (http://www.accrol.com) .

 

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