Company

Accsys Technologies PLC

TIDM

AXS

Headline

Annual General Meeting Results

Released

21 September 2017

Number

4916R

AIM: AXS Euronext Amsterdam: AXS 21 September 2017 ACCSYS TECHNOLOGIES PLC

("Accsys" or "the Company")

Result of Annual General Meeting

The Board of Accsys Technologies PLC announces that its Annual General Meeting was held at 2.30 p.m. (UK time) on the 21 September 2017. All resolutions, as set out in the Notice of Annual General Meeting, dated 17 August 2017 were duly passed.

The final proxy voting position is shown below. Any proxy votes which are at the discretion of the Chairman have been included in the "For" total.

No.

Resolutions

(Please refer to Notice of Meeting for full text)

For

Against

Vote Withheld

% Vote Cast For1

Ordinary Resolutions

1

To receive and adopt the audited financial statements for the financial year ended 31 March 2017, together with the reports of the Directors and auditors

44,463,189

0

0

100.00

2

To approve the Directors' Remuneration Report for the financial year ended 31 March 2017 (excluding the Remuneration Policy)

40,872,175

3,588,163

2,851

91.93

3

To re-elect Montague John Meyer as a Director of the Company

44,463,189

0

0

100.00

4

To re-elect Hans Pauli as a Director of the Company

44,463,189

0

0

100.00

5

To re-appoint PricewaterhouseCoopers LLP as auditors of the Company

44,452,093

11,096

0

99.98

6

To authorise the Directors to determine the auditors' remuneration

41,193,058

3,270,131

0

92.65

7

To authorise the Directors to allot shares generally

44,462,446

743

0

99.99

Special Resolutions

8

To empower the Directors to allot shares for cash (other than pro rata to existing shareholders)

44,142,390

320,799

0

99.28

9

To authorise the Company to make market purchases of its own ordinary shares

44,454,379

8,810

0

99.98

Ends For further information, please contact:

1 Discounting Votes Withheld

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 Derske

+31 681 734 236

+31 222 379 666

Notes to editors:

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 licencing 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; (ii) 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 (iii) 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 exposed to ultraviolet light. Moreover, the Accoya® wood production process does not compromise the wood's strength or machinability. The combination of UV resistance, dimensional stability, durability and retained strength means that Accoya® wood offers a wealth of new opportunities to architects,

designers and specifiers. These benefits result in lower maintenance and total cost of ownership while using a higher sustainable and environmental responsible building material. For a full archive of Accoya® news, visit www.accoya.com/news.

Tricoya® Wood Elements (www.tricoya.com) are produced using Accsys' proprietary technology for the acetylation of wood chips, and particles for use in the fabrication of panel products such as medium density fibreboard and particle-board. These products demonstrate enhanced durability and dimensional stability which

allow them to be used in a variety of applications that were once limited to solid wood or man-made products. Exploitation of Accsys' proprietary technology relating to Tricoya® Wood Elements is carried out through Tricoya Technologies Limited. Tricoya® Wood Elements are lauded as the first major innovation in the wood composites industry in more than 30 years.

Wood Acetylation is a process which increases the amount of 'acetyl' molecules in wood, thereby changing its physical properties. When carried out to a sufficient level throughout the wood, this process protects wood from rot by making it "inedible" to most micro-organisms and fungi, without - unlike conventional treatments - making it toxic. It also greatly reduces the wood's tendency to swell and shrink, making it less prone to cracking and ensuring that, when painted, it requires dramatically reduced maintenance.

Accsys Technologies is the trading name of Titan Wood Limited. ACCOYA®, TRICOYA® and the Trimarque Device are registered trademarks owned by Titan Wood Limited ("TWL"), a wholly owned subsidiary of Accsys Technologies PLC, and may not be used or reproduced without written permission from TWL, or in the case of the Tricoya® registered trademark, from Tricoya Technologies Limited, a subsidiary of TWL with exclusive rights to exploit the Tricoya® brand.

Accsys Technologies plc published this content on 21 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 September 2017 16:24:02 UTC.

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