TIDMACRL

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.

 
                    Number of 
                     ordinary         Number of  Number of ordinary         % of issued 
                  shares held   ordinary shares         shares held       share capital 
PDMR              pre dealing              sold        post dealing   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 GBP1.7bn 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.

 
      Details of the person discharging managerial 
  1    responsibilities / person closely associated 
 a)   Name                   Gareth Jenkins 
     ---------------------  ---------------------------- 
 2    Reason for the notification 
     --------------------------------------------------- 
 a)   Position/status        Chief Executive Officer 
     ---------------------  ---------------------------- 
 b)   Initial notification   Initial 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       each 
       instrument, 
       type of instrument 
       Identification 
       code                   ISIN: GB00BZ6VT592 
     ---------------------  ---------------------------- 
 b)   Nature of              Sale of shares 
       the transaction 
     ---------------------  ---------------------------- 
 c)   Price(s) and           Price: GBP0.705 
       volume(s)              Volume: 1,333,000 
     ---------------------  ---------------------------- 
 d)   Aggregated             Price: GBP0.705 
       information            Volume: 1,333,000 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ---------------------------- 
 e)   Date of the            13 January 2021 
       transaction 
     ---------------------  ---------------------------- 
 f)   Place of the           London Stock Exchange, AIM 
       transaction 
     ---------------------  ---------------------------- 
 
 
      Details of the person discharging managerial 
  1    responsibilities / person closely associated 
 a)   Name                   Mark Dewhurst 
     ---------------------  ---------------------------- 
 2    Reason for the notification 
     --------------------------------------------------- 
 a)   Position/status        Chief Operating Officer 
     ---------------------  ---------------------------- 
 b)   Initial notification   Initial 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       each 
       instrument, 
       type of instrument 
       Identification 
       code                   ISIN: GB00BZ6VT592 
     ---------------------  ---------------------------- 
 b)   Nature of              Sale of shares 
       the transaction 
     ---------------------  ---------------------------- 
 c)   Price(s) and           Price: GBP0.705 
       volume(s)              Volume: 444,000 
     ---------------------  ---------------------------- 
 d)   Aggregated             Price: GBP0.705 
       information            Volume: 444,000 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ---------------------------- 
 e)   Date of the            13 January 2021 
       transaction 
     ---------------------  ---------------------------- 
 f)   Place of the           London Stock Exchange, AIM 
       transaction 
     ---------------------  ---------------------------- 
 
 
      Details of the person discharging managerial 
  1    responsibilities / person closely associated 
 a)   Name                   Graham Cox 
     ---------------------  ---------------------------- 
 2    Reason for the notification 
     --------------------------------------------------- 
 a)   Position/status        Commercial Director 
     ---------------------  ---------------------------- 
 b)   Initial notification   Initial 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       each 
       instrument, 
       type of instrument 
       Identification 
       code                   ISIN: GB00BZ6VT592 
     ---------------------  ---------------------------- 
 b)   Nature of              Sale of shares 
       the transaction 
     ---------------------  ---------------------------- 
 c)   Price(s) and           Price: GBP0.705 
       volume(s)              Volume: 333,000 
     ---------------------  ---------------------------- 
 d)   Aggregated             Price: GBP0.705 
       information            Volume: 333,000 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ---------------------------- 
 e)   Date of the            13 January 2021 
       transaction 
     ---------------------  ---------------------------- 
 f)   Place of the           London Stock Exchange, AIM 
       transaction 
     ---------------------  ---------------------------- 
 

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