Accrol Group Holdings Dan Wright and Gareth Jenkins increase holding in company

Accrol Group Holdings plc
[shareaholic app="share_buttons" id_name="post_below_content"]

Accrol Group Holdings (LON:ACRL), the UK’s leading independent tissue convertor, has been notified that Dan Wright, the Executive Chairman, and Gareth Jenkins, the Chief Executive Officer have purchased an aggregate of 185,758 ordinary shares of £0.001 each at a price of 32.3 pence per Ordinary Share. Details of the dealings are included in the table below:

DirectorOrdinary Shares purchasedOrdinary Shares beneficially owned% of issued share capital
Dan Wright92,87912,608,422*3.95%
Gareth Jenkins92,8794,515,808**1.42%

* 10,786,972 of these shares are registered in the name of Gomrath Limited, a family investment company controlled by Dan Wright

** 3,741,346 of these shares are registered in the name of Gareth’s wife Susan Jenkins

Accrol Group Holdings plc is a leading tissue converter and supplier of toilet tissues, kitchen rolls, facial tissues, and wet wipes to many of the UK’s leading discounters and grocery retailers across the UK. The Group now operates from six manufacturing sites, including four in Lancashire, which together supply c.21.5% (volume) of the UK tissue market valued at c£2.5bn at retail sales value.

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
Accrol Group Holdings plc (LON:ACRL) has announced the publication of a shareholder circular detailing terms of the Scheme. Learn more here.
Discover the latest results and overview of Accrol Group Holdings, the UK's top independent tissue converter, led by CEO Gareth Jenkins and CFO Chris Welsh.
In this interview, Gervais Williams, co-fund manager of Miton UK MicroCap Trust, discusses navigating the economic landscape and standout companies in 2024. Find out more here. #investment #microcap
Accrol Group Holdings plc has reported strong H1 FY24 results, with impressive growth in adjusted EBITDA and adjusted PBT. The company remains on track to meet expectations and has seen gains in market share. Furthermore, the private label segment of the UK tissue market continues to increase, and the sales of biodegradable wet wipes have been exceptionally strong. Accrol's outlook remains positive with expected further volume growth.
Accrol Group Holdings plc has reported strong performance in H1 FY24, with branded volumes rising by 45% and margins returning to pre-pandemic levels. The group is on track to deliver FY24 results in line with expectations and expects to outperform previous expectations for FY25.

Search

Search