TIDMACRL

RNS Number : 3381G

Accrol Group Holdings PLC

23 July 2021

23 July 2021

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" or the "Company")

Director Share Purchase

Accrol (AIM:ACRL), the UK's leading independent tissue convertor, announces that Dan Wright, Executive Chairman of Accrol, has today purchased 232,558 ordinary shares of GBP0.001 each ("Ordinary Shares") at a price of GBP0.43 per Ordinary Share.

Following this purchase, he now holds 11,515,543(1) Ordinary Shares representing 3.61% of the current Issued Share Capital of the Company.

 
 (1)   8,476,713 of these shares are registered in the name of 
        Gomrath Limited, a family investment company controlled 
        by Dan Wright 
 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, 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                   Dan Wright 
     ---------------------  ---------------------------- 
 2    Reason for the notification 
     --------------------------------------------------- 
 a)   Position/status        Executive Chairman 
     ---------------------  ---------------------------- 
 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              Purchase of Ordinary Shares 
       the transaction 
     ---------------------  ---------------------------- 
 c)   Price(s) and             Price(s)    Volume(s) 
       volume(s)                GBP0.43     232,558 
                                           ---------- 
     ---------------------  ---------------------------- 
 d)   Aggregated 
       information            N /A - Single transaction 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ---------------------------- 
 e)   Date of the            23 J uly 2021 
       transaction 
     ---------------------  ---------------------------- 
 f)   Place of the           London Stock Exchange, AIM 
       transaction 
     ---------------------  ---------------------------- 
 
 
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 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, facial tissues, and wet wipes to many of the UK's leading discounters and grocery retailers across the UK. Following the recent acquisitions of LTC in Leicester and JD in Flint, North Wales, the Group now operates from six manufacturing sites, including four in Lancashire, which generate revenues totalling c.16% of the GBP2.1bn UK retail tissue market.

For more information, please visit www.accrol.co.uk

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END

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July 23, 2021 09:35 ET (13:35 GMT)

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