Another day, another confirmation...

Monday, 20 November 2017, 10:33 am

Avid followers of Betaville's work might have noticed a scoopette in this weekend's section of The Sunday Times about Accrol, the loo-roll maker, plotting an £18 million equity fundraising. Below is the link in case you missed it:

https://www.thetimes.co.uk/edition/business/lidls-loo-roll-maker-accrol-flushes-out-18m-rescue-phv3kcbbm

And today the company has confirmed the fundraising plans, announcing an £18 million placing with investors. Here is the link:

https://www.investegate.co.uk/accrol-group-hldgs--acrl-/rns/proposed-placing-of--18m-and-lifting-of-suspension/201711200700049017W/

Hopefully, that should reassure some of the doubters that Betaville doesn't just make these things up!..

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

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