Result of AGM

RNS Number : 9260M

Accrol Group Holdings PLC

24 September 2021

 

24 September 2021

Accrol Group Holdings plc

("Accrol", the "Company" or the "Group")

AIM: ACRL

Result of 2021 Annual General Meeting

Accrol, the leading independent tissue converter in the UK, announces that all of the resolutions set out in the Notice of AGM were passed by the requisite majority at the Company's AGM, held earlier today.

Details of the proxy votes received by the Company are as follows:

Resolution	For		Against		Withheld
	No. of votes	%	No. of votes	%	No. of votes
1.  To receive the Annual Report and Accounts	173,045,052	99.97	55,500	0.03	0
2.  To appoint BDO as Auditor	172,869,183	99.97	60,369	0.03	171,000
3.  To elect Richard Newman as a Director	172,867,430	99.87	231,622	0.13	1,500
4.  To re-elect Gareth Jenkins as a Director	173,039,757	99.97	59,295	0.03	1,500
5.  To re-elect Daniel Wright as a Director	146,840,485	93.80	9,701,366	6.20	16,558,701
6.  To re-elect Euan Hamilton as a Director	168,339,194	97.25	4,759,858	2.75	1,500
7.  To approve the Directors' Remuneration Report	146,655,287	84.73	26,439,847	15.27	5,418
8.  To approve the Dividend*	173,100,552	100	0	0	0
9.  To authorise the Directors to allot relevant securities*	168,252,440	99.86	235,604	0.14	4,612,508
10. To authorise the Directors to allot equity securities for cash without making a pre-emptive offer to shareholders*	172,854,258	99.86	246,294	0.14	0

*Special resolution

Notes:

1.	Proxy appointments which gave discretion to the Chairman of the AGM have been included in "For" total for the appropriate resolution.
2.	Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
3.	A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against".
4.	The number of shares in issue on 24 September 2021 was 318,878,097 with no shares in treasury.
5.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.accrol.co.uk .

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: [phone]
Dominic King	Tel: [phone]
Liberum Capital Limited (Joint Broker)	Tel: [phone]
Clayton Bush / Edward Thomas
Belvedere Communications Limited
Cat Valentine	Tel: [phone]
Keeley Clarke	Tel: [phone]
	[e-mail]

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 £2.1bn UK retail tissue market.

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

 

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