Investor Forum, 29th March 2017: Watkin Jones, Molins and Accrol
We will be hosting our next Investor Forum at Buchanan Communications (please note the change of venue) on the evening of Wednesday 29th of March 2017 and are delighted to invite you to attend and meet the management of Watkin Jones, Molins and Accrol.
Watkin Jones plc (WJG)
Watkin Jones provides an end-to-end solution in developing large scale, multi occupancy accommodation projects, with a primary focus on the student accommodation market. The Company is one of very few players that operate across the entire development lifecycle from site procurement, planning and construction to ultimate scheme management. Founded in 1791, Watkin Jones IPO’d on AIM in March 2016, (in one of the biggest AIM IPOs of the year), raising £131m by placing a mixture of new & existing shares with investors at 100p, giving the company a market cap, at float, of £255m. Mark Watkin Jones, Chief Executive Officer, and Philip Byrom, Chief Financial Officer, will represent the company.
Molins PLC (MLIN)
Molins comprises two divisions which employ over 800 people worldwide: Packaging Machinery and Instrumentation & Tobacco Machinery. The businesses are focused on supplying quality machinery and related support services and systems, principally to the fast-moving consumer goods sectors, including tobacco, food and other high-volume products. Molins is due to announce 2016 full year results in early March. Tony Steels, Chief Executive, will represent the company.
Accrol Group Holdings plc (ACRL)
Accrol is a leading independent tissue converter, manufacturing toilet rolls, kitchen rolls, facial tissues and AFH products to supply retailers throughout the UK. Accrol imports parent reels from around the world and converts them into finished goods at the Company’s 350,000 sq. ft. manufacturing, storage and distribution facility in Blackburn, Lancashire. Accrol currently manufactures approximately 17 million units per week and supplies some of the UK’s largest retailers. Accrol’s IPO (on AIM) in June 2016, raised £63.5m at 100p, giving an initial market cap of £93m. Steve Crossley, Chief Executive Officer, will represent the company.
Venue: Buchanan Communications, 107 Cheapside, London, EC2V 6DN
Time: 5.00pm for a prompt 5.30pm start, 35 mins for each company to present and answer questions, and drinks and canapés to follow at 7.15pm.
Date: Wednesday 29th of March 2017
Please contact: [email protected] with any questions.