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Accrol Group Hldgs (ACRL)

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Tuesday 24 November, 2020

Accrol Group Hldgs

PDMR Dealing

RNS Number : 2435G
Accrol Group Holdings PLC
24 November 2020
 

24 November 2020

 

Accrol Group Holdings plc

(the "Company")

AIM: ACRL

 

PDMR Dealing

 

Following the announcement made by the Company on 23 November 2020 titled "Admission of Shares & TVR" , Accrol Group Holdings plc, a leading independent tissue converter in the UK, announces that the following Admission, the below PDMR dealings have occurred.

 

As a result of the Option Exercise, participation in the Open Offer by certain PDMRs and the Secondary Placing, the number of Option Shares issued to each of the PDMRs listed below and sold by certain of them pursuant to the Secondary Placing (predominantly to meet the costs of, and personal tax liabilities arising on, the Option Exercise), the number of Open Offer Shares subscribed for under the Open Offer, together with their resulting holdings are as follows:

 

PDMR  

Number of Ordinary Shares held pre Option Exercise

Number of Option Shares held post Option Exercise  

Number of Open Offer Shares acquired

Number of Secondary Placing  Shares sold  

Shareholding post Option Exercise and Secondary Placing  

% of issued share capital held   following Admission

 

 

 

 

 

 

 

Dan Wright*

4,077,808

 5,700,738

194,180

 - 

9,972,726

3.20%

Gareth Jenkins

610,000

 9,396,544

29,524

 4,437,436

5,598,632

1.80%

Mark Dewhurst

65,648

 2,750,944

-

 1,326,617

1,489,975

0.48%

Graham Cox

-

 1,295,990

-

 612,020

683,970

0.22%

John Pilkington

-

83,213

-

 39,298

43,915

0.01%

 

* 8,244,155 of these shares are (or will be) registered in the name of Gomrath Limited, a family investment company controlled by Dan Wright.

 

Further details of the PDMR dealings are included below.

 

The capitalised terms used in this announcement have the same meanings as in the announcement dated 23 November 2020 titled "Admission of Shares & TVR", unless otherwise stated.

 

For further information, please contact:

 

 

 

Accrol Group Holdings plc

 

Dan Wright, Executive Chairman

Via Belvedere Communications

Gareth Jenkins, Chief Executive 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

 

[email protected]

 

Notes to Editors

Accrol Group Holdings plc, based in Lancashire, is a leading tissue converter and supplier of toilet tissues, kitchen rolls and facial tissues, as well as other tissue products, to major discounters and grocery retailers throughout the UK. The business operates from four sites in Lancashire:

 

·

A manufacturing, storage, and distribution facility in Blackburn;

·

A storage and administrative centre in Blackburn;

·

A facial tissue plant, also in Blackburn; and

·

A manufacturing, storage, and distribution facility in Leyland.

 

For more information, please visit www.accrol.com .

 

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 each

 

 

 

ISIN: GB00BZ6VT592

b)

Nature of the transaction

a)  Exercise of options 
 

b)  Transfer of shares
 

c)  Purchase of Ordinary Shares (under the Open Offer)
 

c)

Price(s) and volume(s)

a)  Volume: 5,700,738
Price :  £0.001

 

b)  Volume: 5,700,738
Price :  £0.001

 

c)  Volume: 194,180
Price :  £0.44

 

d)

Aggregated information

- Aggregated volume

- Price

 

a)  Price :  £0.001
Volume: 5,700,738


 

b)  Price :  £0.001
Volume: 5,700,738

 

c)  Price :  £0.44
Volume: 194,180

 

e)

Date of the transaction

a)  23 November 2020
 

b)  23 November 2020
 

c)  23 November 2020
 

f)

Place of the transaction

a)  London Stock Exchange, AIM
 

b)  Off market transaction
 

c)  London Stock Exchange, AIM
 

 


1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gareth Jenkins

2

Reason for the notification

a)

Position/status

Chief Executive Officer

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 each

 

 

 

ISIN: GB00BZ6VT592

b)

Nature of the transaction

a)  Exercise of options 
 

b)  Sale of shares
 

c)  Purchase of Ordinary Shares (under the Open Offer)
 

c)

Price(s) and volume(s)

a)  Price: £0.001
Volume: 9,396,544

 

b)  Price: £0.44

Volume: 4,437,436
 

c)  Price: £0.44

Volume: 29,524
 

d)

Aggregated information

- Aggregated volume

- Price

a)  Price: £0.001
Volume: 9,396,544

 

b)  Price: £0.44

Volume: 4,437,436
 

c)  Price: £0.44

Volume: 29,524
 

e)

Date of the transaction

a)  23 November 2020
 

b)  23 November 2020
 

c)  23 November 2020

f)

Place of the transaction

a)  London Stock Exchange, AIM
 

b)  London Stock Exchange, AIM
 

c)  London Stock Exchange, AIM
 

 

 

 


1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Dewhurst

2

Reason for the notification

a)

Position/status

Chief Operating Officer

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 each

 

 

 

ISIN: GB00BZ6VT592

b)

Nature of the transaction

a)  Exercise of options 
 

b)  Sale of shares

c)

Price(s) and volume(s)

a)  Price: £0.001
Volume: 2,750,944

 

b)  Price: £0.44

Volume: 1,326,617

d)

Aggregated information

- Aggregated volume

- Price

a)  Price: £0.001
Volume: 2,750,944

 

b)  Price: £0.44

Volume: 1,326,617

e)

Date of the transaction

a)  23 November 2020
 

b)  23 November 2020

f)

Place of the transaction

a)  London Stock Exchange, AIM
 

b)  London Stock Exchange, AIM

 


1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Graham Cox

2

Reason for the notification

a)

Position/status

Commercial 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 each

 

 

 

ISIN: GB00BZ6VT592

b)

Nature of the transaction

a)  Exercise of options 
 

b)  Sale of shares

c)

Price(s) and volume(s)

a)  Price: £0.001
Volume: 1,295,990

 

b)  Price: £0.44

Volume: 612,020

d)

Aggregated information

- Aggregated volume

- Price

a)  Price: £0.001
Volume: 1,295,990

 

b)  Price: £0.44

Volume: 612,020

e)

Date of the transaction

a)  23 November 2020
 

b)  23 November 2020

f)

Place of the transaction

a)  London Stock Exchange, AIM
 

b)  London Stock Exchange, AIM

 


1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Pilkington

2

Reason for the notification

a)

Position/status

Finance 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 each

 

 

 

ISIN: GB00BZ6VT592

b)

Nature of the transaction

a)  Exercise of options 
 

b)  Sale of shares

c)

Price(s) and volume(s)

a)  Price: £0.001
Volume: 83,213

 

b)  Price: £0.44

Volume: 39,298

d)

Aggregated information

- Aggregated volume

- Price

a)  Price: £0.001
Volume: 83,213

 

b)  Price: £0.44

Volume: 39,298

e)

Date of the transaction

a)  23 November 2020
 

b)  23 November 2020

f)

Place of the transaction

a)  London Stock Exchange, AIM
 

b)  London Stock Exchange, AIM

 

 

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