Accrol Gp Share News (ACRL)

UK shareholder meetings calendar - next 7 days

Accrol Group supports increased offer from Navigator

(Alliance News) - Accrol Group Holdings PLC on Friday said it had accepted an increased takeover offer from suitor, Navigator Co SA.

Accrol agrees to final offer of £130.8m from Navigator Paper

(Sharecast News) - Tissue maker Accrol Group said on Friday that it has agreed to be taken over by Navigator Paper after it made an improved and final offer that values the company at £130.8m.

LONDON MARKET CLOSE: Rate cut euphoria lifts FTSE 100; New York slips

(Alliance News) - London's FTSE 100 ended higher on Friday, boosted by a favourable Bank of England interest rate outlook, though trade elsewhere was mixed as a rally in New York showed signs of exhaustion.

Accrol Group shares surge on takeover deal with Navigator

(Alliance News) - Accrol Group Holdings PLC has agreed to a GBP127.5 million takeover offer from a subsidiary of Navigator Co SA, the buyer said on Friday.

Portugal's Navigator to buy UK loo roll maker Accrol in £127.5m deal

(Sharecast News) - AIM-listed toilet paper maker Accrol said on Friday that it has agreed to be bought by Portuguese paper firm Navigator in a £127.5m deal.

EARNINGS: Accrol swings to interim profit; Pressure Tech revenue up

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

TRADING UPDATES: Accrol makes buy; Artemis begins reconnaissance work

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Accrol hikes expectations after strong first half

(Sharecast News) - Tissue conversion specialist Accrol reported a solid first-half performance in a trading update on Wednesday, having experienced continuous volume growth.

TRADING UPDATES: Accrol to beat consensus; Plant Health cautions

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

IN BRIEF: Nichols appoints new chief financial officer from March

Nichols PLC - Newton Le Willows, England-based soft drinks manufacturer - Appoints Richard Newman as director, effective from January 29, before becoming chief financial officer in March following publication of its 2023 preliminary results. Interim CFO David Taylor will step down from the board at the same time in March. Says Newman was most recently CFO at Accrol Group Holdings PLC between 2021 and 2023. Nichols Non-Executive Chair Liz McMeikan comments: "Richard brings a wealth of highly relevant experience to the group and I have every confidence that he will make a substantial contribution to the group's continued development and growth."

UK shareholder meetings calendar - next 7 days

IN BRIEF: Accrol expects annual results to be in line with market view

Accrol Group Holdings PLC - Blackburn, England-based private-label toilet roll maker - Expects revenue and adjusted earnings before interest, tax, depreciation and amortisation for the year ended on April 30 to be in line with current market expectations. For financial 2022, adjusted Ebitda was GBP9.1 million. Revenue is expected at GBP241.8 million for financial 2023, up 52% from GBP159.5 million the year before.

IN BRIEF: Accrol names Chris Welsh, once of Ineos, as new CFO

Accrol Group Holdings PLC - Blackburn, England-based private-label toilet roll maker - Promotes Chris Welsh to chief financial officer, effective immediately. He replaces Richard Newman, who resigns as CFO and steps down from board. Newman will remain with the company until the audit process for its financial 2023 results is completed. Says Welsh joined Accrol in October last year, earmarked to become CFO as part of the board's succession planning. Prior to this, says Welsh held several senior finance roles at chemical manufacturer Ineos, most recently as head of financial reporting in its Enterprises unit.