TIDMACRL

RNS Number : 1637R

Accrol Group Holdings PLC

12 June 2018

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.

12 June 2018

Accrol Group Holdings plc

(AIM: ACRL)

Directors' Dealings

Accrol Group Holdings plc (the "Company" or "Accrol"), the AIM-listed leading independent tissue converter, is pleased to announce that, as part of the recent open offer announced on 7 June 2018, certain directors of Accrol have purchased in aggregate 81,807 ordinary shares of GBP0.001 each ("Ordinary Shares") at a price of 15p per Ordinary Share as set out below.

 
                                                                                      Percentage 
                                                                                     of Enlarged 
                                           Number          Value        Resulting          Share 
                                        of Shares      of Shares     Shareholding        Capital 
----------------  -----------------  ------------  -------------  ---------------  ------------- 
 Name              Title 
----------------  -----------------  ------------  -------------  ---------------  ------------- 
                   Executive 
 Daniel Wright      Chairman               71,807   GBP10,771.05        1,820,308          0.93% 
----------------  -----------------  ------------  -------------  ---------------  ------------- 
                   Chief Executive 
 Gareth Jenkins     Officer                10,000    GBP1,500.00          610,000          0.31% 
----------------  -----------------  ------------  -------------  ---------------  ------------- 
 

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                         i) Dan Wright 
                                    ii) Gareth Jenkins 
---  ----------------------  ------------------------------------ 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status              i) Executive Chairman 
                                    ii) Chief Executive Officer 
---  ----------------------  ------------------------------------ 
 b)   Initial                 Initial notification 
       notification 
       /Amendment 
---  ----------------------  ------------------------------------ 
 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             Ordinary shares of GBP0.001 
       of the financial 
       instrument,             ISIN: GB00BZ6VT592 
       type of 
       instrument 
       Identification 
       code 
---  ----------------------  ------------------------------------ 
 b)   Nature of               Purchase of Ordinary Shares 
       the transaction 
---  ----------------------  ------------------------------------ 
 c)   Price(s)                Price(s)          Volume(s) 
       and volume(s) 
                               15p               i) 71,807 
                                                 ii) 10,000 
---  ----------------------  --------------  -------------------- 
 d)   Aggregated 
       information             N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
---  ----------------------  ------------------------------------ 
 e)   Date of                 8 June 2017 
       the transaction 
---  ----------------------  ------------------------------------ 
 f)   Place of                London Stock Exchange, AIM 
       the transaction 
---  ----------------------  ------------------------------------ 
 

Enquiries:

 
For further information, please 
 contact: 
 
Accrol Group Holdings plc 
Gareth Jenkins, Chief Executive                  +44 (0) 1254 278 
 Officer                                                      844 
Steve Townsley, Chief Finance                    +44 (0) 1254 278 
 Officer                                                      844 
 
Zeus Capital Limited (Nominated 
 Adviser & Broker) 
Dan Bate / Andrew Jones                      +44 (0) 161 831 1512 
Dominic King / John Goold                    +44 (0) 203 829 5000 
 
Belvedere Communications Limited 
                                                 +44 (0) 7715 769 
Cat Valentine (cvalentine@belvederepr.com)                    078 
                                                 +44 (0) 7407 023 
Llew Angus (langus@belvederepr.com)                           147 
 

Notes to Editors

Accrol Group Holdings plc, based in Lancashire, is a leading tissue converter and supplier of toilet rolls, kitchen rolls and facial tissues, as well as other tissue products, to major discounters and grocery retailers throughout the UK.

Accrol operates from three sites:

   --      A manufacturing, storage and distribution facility in Blackburn; 
   --      A facial tissue plant, also in Blackburn; and 
   --      A manufacturing, storage and distribution facility in Leyland. 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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June 12, 2018 10:47 ET (14:47 GMT)

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