Company | Accsys Technologies PLC |
TIDM | AXS |
Headline | Notifiable Interest |
Released | 18th July 2017 |
Number | 4237L |
("Accsys" or "the Company")
Notifiable InterestTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | ACCSYS TECHNOLOGIES PLC | |
2 Reason for the notification (please tick the appropriate box or boxes): | ||
An acquisition or disposal of voting rights | X | |
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||
An event changing the breakdown of voting rights | ||
Other (please specify): | ||
3. Full name of person(s) subject to the notification obligation: iii | Teslin Participaties Coöperatief U.A. | |
4. Full name of shareholder(s) (if different from 3.):iv | ||
5. Date of the transaction and date on which the threshold is crossed or reached: v | July, 17th , 2017 |
6. Date on which issuer notified: | July 18th , 2017 |
7. Threshold(s) that is/are crossed or reached: vi, vii | 7,0% |
8. Notified details: | |||||||
A: Voting rights attached to shares viii,ix | |||||||
Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights x | |||
Direct | Direct xi | Indirec txii | Direct | Indirect | |||
GB00BQQFX454 | 7,317,848 | 7,317,848 | 7,820,400 | 7,820,400 | n.a. | 7.04 | n.a.% |
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction | ||||
Type of financial | Expiratio | Exercise/ | Number of voting | % of voting |
instrument | n | Conversion Period | rights that may be | rights |
date xiii | xiv | acquired if the | ||
instrument is | ||||
exercised/ converted. | ||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv,xvi | ||||||
Resulting situation after the triggering transaction | ||||||
Type of financial instrument | Exercise price | Expiratio n date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |
Nominal | Delta | |||||
Total (A+B+C) | |
Number of voting rights | Percentage of voting rights |
7,820,400 | 7,04% |
-
Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
For further information, please contact:13. Additional information:
14. Contact name:
Peter Bos
15. Contact telephone number:
+31 343-554449
Notes to editors:Accsys Technologies PLC
Paul Clegg, CEO Will Rudge, FD
Hans Pauli, Executive Director, Corporate Development
via MHP Communications
Numis Securities
Nominated Adviser: Oliver Cardigan Jamie Lillywhite
Corporate Broking: Christopher Wilkinson Ben Stoop
+44 (0) 20 7260
1000
MHP Communications
Tim Rowntree Kelsey Traynor
+44 (0) 20 3128
8100
Off the Grid (The Netherlands)
Frank Neervoort Yvonne Derkse
+31 681 734 236
+31 222 379 666
Accsys Technologies PLC (www.accsysplc.com) is a chemical technology group whose primary focus is on the production of Accoya® wood and technology licensing via its subsidiary, Titan Wood Limited, which has manufacturing operations in Arnhem, the Netherlands (through its subsidiary Titan Wood B.V.), a European office in London, United Kingdom, an American office in Dallas, Texas (via its subsidiary Titan Wood, Inc) and technology licensing associated with the acetylation of wood elements via its subsidiary Tricoya Technologies Limited. Any references in this announcement to agreements with Accsys shall mean agreements with either Accsys or its subsidiary entities unless otherwise specified. Accsys Technologies PLC is listed on the London Stock Exchange AIM market and on Euronext Amsterdam, under the symbols 'AXS'.
Accsys' operations comprise three principal business units: (i) Accoya® wood production;
technology development, focused on a programme of continuous development of and improvements to the process engineering and operating protocols for the acetylation of solid wood and the development of technology for the acetylation of wood elements; and
the licensing of technology for the production of Accoya® wood and Tricoya® wood elements across the globe.
Accoya® wood (www.accoya.com ) is produced using Accsys' proprietary patented acetylation technology that effectively converts sustainably grown softwoods and non- durable hardwoods into what is best described as a "high technology wood".
Distinguished by its durability, dimensional stability and, perhaps most importantly of all, its reliability (in terms of consistency of both supply and quality), Accoya® wood is particularly suited to exterior applications where performance and appearance are valued. Unlike most tropical and European hardwoods, its colour does not degrade when
Accsys Technologies plc published this content on 18 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 July 2017 15:28:05 UTC.
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