Accrol Group Holdings PLC Directors' Dealings (8760Y)

TIDMACRL

RNS Number : 8760Y

Accrol Group Holdings PLC

11 December 2017

11 December 2017

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

(AIM: ACRL)

Directors' Dealings

Accrol Group Holdings plc (the "Company" or "Accrol"), the AIM-listed leading independent tissue converter, is pleased to announce that certain directors of Accrol have, pursuant to the Placing (as described in the Company's announcement of 20 November 2017 titled "Proposed Placing of GBP18m and Lifting of Suspension"), in aggregate purchased 400,000 ordinary shares of GBP0.001 each ("Ordinary Shares") at a price of 50p per Ordinary Share as set out below.

 
  Name              Title                Number         Value        Resulting     Percentage 
                                      of Shares     of Shares     Shareholding    of Enlarged 
                                                                                        Share 
                                                                                      Capital 
----------------  ---------------  ------------  ------------  ---------------  ------------- 
 
 Peter Cheung      Chairman              50,000     GBP25,000          661,683          0.51% 
----------------  ---------------  ------------  ------------  ---------------  ------------- 
 Gareth Jenkins    CEO                  100,000     GBP50,000          100,000          0.08% 
----------------  ---------------  ------------  ------------  ---------------  ------------- 
                   Non-executive 
 Steve Hammett      Director             40,000     GBP20,000           40,000          0.03% 
----------------  ---------------  ------------  ------------  ---------------  ------------- 
                   Non-executive 
 Joanne Lake        Director             10,000      GBP5,000           35,000          0.03% 
----------------  ---------------  ------------  ------------  ---------------  ------------- 
                   Non-executive 
 Dan Wright         Director            200,000    GBP100,000          200,000          0.16% 
----------------  ---------------  ------------  ------------  ---------------  ------------- 
 

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) Peter Cheung 
                                   ii) Gareth Jenkins 
                                   iii) Steve Hammett 
                                   iv) Joanne Lake 
                                   v) Dan Wright 
---  ---------------------  ------------------------------------ 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status             i) Chairman 
                                   ii) Chief Executive Officer 
                                   iii) Non-executive Director 
                                   iv) Non-executive Director 
                                   v) Non-executive 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 
       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) 
                              50p              i) 50,000 
                                               ii) 100,000 
                                               iii) 40,000 
                                               iv) 10,000 
                                               v) 200,000 
---  ---------------------  -------------  --------------------- 
 d)   Aggregated 
       information            N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
---  ---------------------  ------------------------------------ 
 e)   Date of the            11 December 2017 
       transaction 
---  ---------------------  ------------------------------------ 
 f)   Place of               London Stock Exchange, 
       the transaction        AIM 
---  ---------------------  ------------------------------------ 
 

Enquiries:

Accrol Group Holdings plc Tel: [phone]

Gareth Jenkins, CEO

James Flude, Finance Director

Zeus Capital Limited (Nominated Adviser & Broker)

Dan Bate / Andrew Jones Tel: [phone]

Dominic King / John Goold

Tel: [phone]

Belvedere Communications Limited Tel: [phone]

Cat Valentine ([e-mail]) Mob: [phone]

Kim van Beeck ([e-mail]) Mob: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 11, 2017 03:02 ET (08:02 GMT)