Accrol Unit Pleads Guilty To Health And Safety Offense

LONDON (Alliance News) - Toilet roll maker Accrol Group Holdings PLC said Thursday that ...

Alliance News 12 October, 2017 | 5:14PM
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LONDON (Alliance News) - Toilet roll maker Accrol Group Holdings PLC said Thursday that subsidiary Accrol Papers Ltd pleaded guilty at a court hearing to a single health and safety regulatory offense.

The offense relates to an incident whereby an employee sustained a serious injury to the top of his right index finger. The Health & Safety Executive is seeking a fine in the range of GBP550,000 to GBP2.9 million for the incident.

The court ruled that Accrol Papers will receive maximum credit for its early guilty plea and any fine imposed will be subject to a discount of one third. Sentencing in the case is expected on January 17, 2018.

Shares in the company are currently suspended from trading.

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2017 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
Accrol Group Holdings PLC 132.00 GBX 0.00 -
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