REG - Accrol Group Hldgs - PDMR Dealing

Accrol groupAnnouncement

24/11/2020 07:00

RNS Number : 2435G
  
Accrol Group Holdings PLC
  
24 November 2020
  
 

24 November 2020
 
Accrol Group Holdings plc
(the "Company")
AIM: ACRL
 
PDMR Dealing
 
Following the announcement made by the Company on 23 November 2020 titled "Admission of Shares & TVR", Accrol Group Holdings plc, a leading independent tissue converter in the UK, announces that the following Admission, the below PDMR dealings have occurred.
 
As a result of the Option Exercise, participation in the Open Offer by certain PDMRs and the Secondary Placing, the number of Option Shares issued to each of the PDMRs listed below and sold by certain of them pursuant to the Secondary Placing (predominantly to meet the costs of, and personal tax liabilities arising on, the Option Exercise), the number of Open Offer Shares subscribed for under the Open Offer, together with their resulting holdings are as follows: 
 




PDMR 


Number of Ordinary Shares held pre Option Exercise


Number of Option Shares held post Option Exercise 


Number of Open Offer Shares acquired


Number of Secondary Placing  Shares sold 


Shareholding post Option Exercise and Secondary Placing 


% of issued share capital held  following Admission




 


 


 


 


 


 


 




Dan Wright*


4,077,808 


 5,700,738


194,180


 - 


9,972,726


3.20%




Gareth Jenkins


610,000 


 9,396,544


29,524


 4,437,436


5,598,632


1.80%




Mark Dewhurst


65,648 


 2,750,944


-


 1,326,617


1,489,975


0.48%




Graham Cox


-


 1,295,990


-


 612,020


683,970


0.22%




John Pilkington


-


83,213


-


 39,298


43,915


0.01%




 
* 8,244,155 of these shares are (or will be) registered in the name of Gomrath Limited, a family investment company controlled by Dan Wright. 
 
Further details of the PDMR dealings are included below.
 
The capitalised terms used in this announcement have the same meanings as in the announcement dated 23 November 2020 titled "Admission of Shares & TVR", unless otherwise stated.
 




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




 
Notes to Editors
Accrol Group Holdings plc, based in Lancashire, is a leading tissue converter and supplier of toilet tissues, kitchen rolls and facial tissues, as well as other tissue products, to major discounters and grocery retailers throughout the UK. The business operates from four sites in Lancashire:
 




·


A manufacturing, storage, and distribution facility in Blackburn;




·


A storage and administrative centre in Blackburn;




·


A facial tissue plant, also in Blackburn; and




·


A manufacturing, storage, and distribution facility in Leyland.




 
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


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
Identification code


Ordinary shares of £0.001 each
 
 
 
ISIN: GB00BZ6VT592




b)


Nature of the transaction


a)     Exercise of options 

 
b)    Transfer of shares

 
c)     Purchase of Ordinary Shares (under the Open Offer)

 




c)


Price(s) and volume(s)


a)     Volume: 5,700,738

Price :  £0.001

 
b)    Volume: 5,700,738

Price :  £0.001

 
c)     Volume: 194,180

Price :  £0.44

 




d)


Aggregated information
- Aggregated volume
- Price


 
a)     Price :  £0.001

Volume: 5,700,738



 
b)    Price :  £0.001

Volume: 5,700,738

 
c)     Price :  £0.44

Volume: 194,180

 




e)


Date of the transaction


a)     23 November 2020

 
b)    23 November 2020

 
c)     23 November 2020

 




f)


Place of the transaction


a)     London Stock Exchange, AIM

 
b)    Off market transaction

 
c)     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
Identification code


Ordinary shares of £0.001 each
 
 
 
ISIN: GB00BZ6VT592




b)


Nature of the transaction


a)     Exercise of options 

 
b)    Sale of shares

 
c)     Purchase of Ordinary Shares (under the Open Offer)

 




c)


Price(s) and volume(s)


a)     Price: £0.001

Volume: 9,396,544

 
b)    Price: £0.44
Volume: 4,437,436

 
c)     Price: £0.44
Volume: 29,524

 




d)


Aggregated information
- Aggregated volume
- Price


a)     Price: £0.001

Volume: 9,396,544

 
b)    Price: £0.44
Volume: 4,437,436

 
c)     Price: £0.44
Volume: 29,524

 




e)


Date of the transaction


a)     23 November 2020

 
b)    23 November 2020

 
c)     23 November 2020




f)


Place of the transaction


a)     London Stock Exchange, AIM

 
b)    London Stock Exchange, AIM

 
c)     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


a)     Exercise of options 

 
b)    Sale of shares




c)


Price(s) and volume(s)


a)     Price: £0.001

Volume: 2,750,944

 
b)    Price: £0.44
Volume: 1,326,617




d)


Aggregated information
- Aggregated volume
- Price


a)     Price: £0.001

Volume: 2,750,944

 
b)    Price: £0.44
Volume: 1,326,617




e)


Date of the transaction


a)     23 November 2020

 
b)    23 November 2020




f)


Place of the transaction


a)     London Stock Exchange, AIM

 
b)    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


a)     Exercise of options 

 
b)    Sale of shares




c)


Price(s) and volume(s)


a)     Price: £0.001

Volume: 1,295,990

 
b)    Price: £0.44
Volume: 612,020




d)


Aggregated information
- Aggregated volume
- Price


a)     Price: £0.001

Volume: 1,295,990

 
b)    Price: £0.44
Volume: 612,020




e)


Date of the transaction


a)     23 November 2020

 
b)    23 November 2020




f)


Place of the transaction


a)     London Stock Exchange, AIM

 
b)    London Stock Exchange, AIM




 






1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


John Pilkington




2


Reason for the notification




a)


Position/status


Finance 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


a)     Exercise of options 

 
b)    Sale of shares




c)


Price(s) and volume(s)


a)     Price: £0.001

Volume: 83,213

 
b)    Price: £0.44
Volume: 39,298




d)


Aggregated information
- Aggregated volume
- Price


a)     Price: £0.001

Volume: 83,213

 
b)    Price: £0.44
Volume: 39,298




e)


Date of the transaction


a)     23 November 2020

 
b)    23 November 2020




f)


Place of the transaction


a)     London Stock Exchange, AIM

 
b)    London Stock Exchange, AIM




 
 

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