RNS Number : 8749P Accrol Group Holdings PLC 01 June 2018

1 June 2018

ACCROL GROUP HOLDINGS PLC

(AIM: ACRL)

Directors' Dealings

Accrol Group Holdings plc ("Accrol" or the "Company"),the leading independent ssue converter in the UK, is pleased to announce that certain directors of Accrol have, pursuant to the placing to raise £8.0 million (before expenses) described in the Company's announcement of 15 May 2018 tled "Proposed Placing to raise £8 million", in aggregate purchased 2,133,332 ordinary shares of £0.001 each ("Ordinary Shares") at a price of 15p per Ordinary Share as set out below.

Name

Title

Number of

Shares

Value of

Shares

Resulting Shareholding

Percentage of Enlarged

Share Capital

Daniel Wright

Executive Chairman

1,333,333

£200,000

1,748,501

0.96%

Gareth Jenkins

Chief Executive Officer

500,000

£75,000

600,000

0.33%

Martin Leitch

Interim Chief Financial Officer

266,666

£40,000

266,666

0.15%

Joanne Lake

Non-executive Director

33,333

£5,000

68,333

0.04%

The no fica on below, made in accordance with the requirements of the EU Market Abuse Regula on, provides further detail.

No%fica%on and public disclosure of transac%ons by persons discharging managerial responsibili%es and persons closely associated with them.

1 Details of the person discharging managerial responsibilities / person closely associated

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

  • b) Nature of the transaction

  • c) Price(s) and volume(s)

Enquiries:

Zeus Capital Limited (Nominated Adviser & Broker)

Dan Bate / Andrew Jones

Dominic King / John Goold

Belvedere Communications Limited

Cat Valentine (cvalentine@belvederepr.com)

Notes to Editors

Tel: +44 (0) 161 831 1512

Tel: +44 (0) 203 829 5000

Mob: +44 (0) 7715 769 078

Accrol Group Holdings plc, based in Lancashire, is a leading ssue converter and supplier of toilet rolls, kitchen rolls and facial tissues as well as other tissue products to major 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.

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END

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Accrol Group Holdings plc published this content on 01 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 June 2018 07:12:06 UTC