Director/PDMR Shareholding

RNS Number : 1523X

Accrol Group Holdings PLC

25 April 2019

 

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.

For immediate release: 25 April 2019

                                                                              Accrol Group Holdings plc

(AIM: ACRL) 

Director's Dealing

Accrol Group Holdings plc (the "Company" or "Accrol"), the AIM-listed leading independent tissue converter, announces that, Dan Wright, Executive Chairman of Accrol has today purchased 607,500 ordinary shares of £0.001 each ("Ordinary Shares") at a price of 24.5p per Ordinary Share. Following this purchase, he now holds 3,077,808 Ordinary Shares representing 1.58% of the current Issued Share Capital of the Company.

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 ISIN: GB00BZ6VT592
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) 24.5p	Volume(s) 607,500
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	25 April 2019
f)	Place of the transaction	London Stock Exchange, AIM

Enquiries:

For further information, please contact:
Accrol Group Holdings plc
Dan Wright, Executive Chairman	[phone]
Gareth Jenkins, Chief Executive Officer	[phone]
Zeus Capital Limited (Nominated Adviser & Broker)
Dan Bate / Andrew Jones	[phone]
Dominic King / John Goold	[phone]
Belvedere Communications Limited
Cat Valentine ([e-mail])	[phone]
Keeley Clarke ([e-mail])	[phone]
Llew Angus ([e-mail])	[phone]

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.

 

END

 

 

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