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11 Dec 2017 08:02
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
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