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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 £18m and Lifting of Suspension"), in aggregate purchased 400,000 ordinary shares of £0.001 each ("Ordinary Shares") at a price of 50p per Ordinary Share as set out below.

 

 

 

 

 

Name

 

 

 

 

Title

 

 

 

Number of Shares

 

 

 

Value of Shares

 

 

 

Resulting Shareholding

Percentage of Enlarged Share Capital

 

 

 

 

 

 

Peter Cheung

Chairman

50,000

£25,000

661,683

0.51%

Gareth Jenkins

CEO

100,000

£50,000

100,000

0.08%

Steve Hammett

Non-executive Director

40,000

£20,000

40,000

0.03%

Joanne Lake

Non-executive Director

10,000

£5,000

35,000

0.03%

Dan Wright

Non-executive Director

200,000

£100,000

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 /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)

50p

 

Volume(s)

i) 50,000

ii) 100,000

iii) 40,000

iv) 10,000

v) 200,000

d)

Aggregated information

- Aggregated volume

- Price


N/A - single transaction

e)

Date of the transaction

11 December 2017

f)

Place of the transaction

London Stock Exchange, AIM

 

  

Enquiries:

 

Accrol Group Holdings plc                                                                                                   Tel: +44 (0) 1254 278 844

Gareth Jenkins, CEO

James Flude, Finance Director

 

Zeus Capital Limited (Nominated Adviser & Broker)

Dan Bate / Andrew Jones                                                                                                     Tel: +44 (0) 161 831 1512

Dominic King / John Goold                                                                                                   Tel: +44 (0) 203 829 5000

 

Belvedere Communications Limited                                                                                 Tel: +44 (0) 203 567 0510

Cat Valentine (cvalentine@belvederepr.com)                                                                  Mob: +44 (0) 7715 769 078

Kim van Beeck (kvbeeck@belvederepr.com)                                                                    Mob: +44 (0) 7477 967 446

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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