Accrol Group Holdings PLC has announced that the scheme of arrangement with Navigator Paper UK Limited has become effective. The scheme, which was approved by the requisite majorities of shareholders, will result in Accrol being owned by Bidco. Shareholders will receive 39 pence in cash for each Accrol Share. Following the scheme's effectiveness, several board changes have been announced, with resignations and new appointments. Additionally, the nominated adviser, Zeus, has resigned. Trading in Accrol Shares on AIM has been suspended, and the cancellation of admission to trading is expected to be effective on 28 May 2024. Accrol is no longer in an Offer Period as defined in the Takeover Code. For further details, shareholders are advised to refer to the company's and Navigator's websites.