11 Jul 2018 07:00
11 July 2018
Accrol Group Holdings plc
("Accrol")
AIM: ACRL
DIRECTORATE CHANGE
Accrol, the leading independent tissue converter in the UK, announces that, following the appointment of Steve Townsley as Chief Financial Officer on 11 June 2018, Martin Leitch has now stepped down from the Board.
Martin was appointed to the Board as Interim CFO in February 2018 to assist in the early stages of the business turnaround and to allow a search for a permanent CFO to be conducted in an orderly fashion. He will remain with the business for a short period to complete an effective handover.
Dan Wright, Executive Chairman of Accrol, said: "On behalf of the Board, I extend our thanks to Martin for his considerable support and help in progressing the turnaround of the business."
Enquiries:
Accrol Group Holdings plc | Tel: +44 (0) 1254 278 844 |
Dan Wright, Executive Chairman |
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Gareth Jenkins, Chief Executive Officer |
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Steve Townsley, Chief Financial Officer |
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Zeus Capital Limited (Nominated Adviser & Broker) |
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Dan Bate / Andrew Jones | Tel: +44 (0) 161 831 1512 |
Dominic King / John Goold | Tel: +44 (0) 203 829 5000 |
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Belvedere Communications Limited | Tel: +44 (0) 203 567 0510 |
Cat Valentine (cvalentine@belvederepr.com) |
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Llewellyn Angus (langus@belvederepr.com) |
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Notes to Editors
Accrol Group Holdings plc, based in Lancashire, is a leading tissue converter and supplier of toilet rolls, kitchen rolls and facial tissues, as well as other tissue products, to major discounters and grocery 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.