Accsys Technologies Plc : 24/01/2012 - Notifiable interest - Invesco
01/24/2012| 06:14am US/Eastern

Recommend:
Regulatory Announcement
|
Company
|
Accsys Technologies PLC
|
|
TIDM
|
AXS
|
|
Headline
|
Notifiable Interest
|
|
Released
|
24 January 2012
|
|
Number
|
0696W10
|
24 January 2012
AIM: AXS NYSE Euronext Amsterdam: AXS
ACCSYS TECHNOLOGIES PLC
("Accsys" or "the Company")
Notifiable Interest
The Company announces that it received the following
notification on 23 January 2012
TR-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
|
Invesco Limited
|
|
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
|
19 January 2012
|
1
|
6. Date on which issuer notified:
|
20 January 2012
|
|
7. Threshold(s) that is/are crossed or reached:
vi, vii
|
5%, 4%
|
|
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
|
|
Class/type of shares
if possible using the ISIN CODE
|
Number
of
Shares
|
Number
of Voting Rights
|
Number
of shares
|
Number of voting
rights
|
% of voting rights x
|
|
Class/type of shares
if possible using the ISIN CODE
|
Number
of
Shares
|
Number
of Voting Rights
|
Direct
|
xi
Direct
|
xii
Indirect
|
Direct
|
Indirect
|
|
Ord Euro 0.01
GB00B0LMC530
|
20,375,048
|
20,375,048
|
|
|
19,703,857
|
|
4.87%
|
|
B: Qualifying Financial Instruments
|
|
Resulting situation after the triggering transaction
|
|
Type of financial
instrument
|
Expiration date xiii
|
Exercise/
Conversion Period xiv
|
Number of voting
rights that may be acquired if the instrument is
exercised/ converted.
|
% of voting
rights
|
|
|
|
|
|
|
|
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
|
Expiration 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
|
|
19,703,857
|
4.87%
|
2
9. Chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held,
if applicable: xxi
Bank of New York - 13,586,752
Bank of New York Mellon (LU) - 6,117,105
|
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:
|
|
|
13. Additional information:
|
Total Share Capital figure used for above calculation
403,885,811
|
|
14. Contact name:
|
Sam Edwards
|
|
15. Contact telephone number:
|
01491 416381
|
Note: Annex should only be submitted to the FSA not the
issuer
Annex: Notification of major interests in
sharesxxii
|
A: Identity of the persons or legal entity subject to
the notification obligation
|
|
Full name
(including legal form of legal entities)
|
|
|
Contact address
(registered office for legal entities)
|
|
|
Phone number & email
|
|
3
Other useful information
(at least legal representative for legal persons)
|
B: Identity of the notifier, if applicable
|
|
Full name
|
Invesco Limited
|
|
Contact address
|
Registered address:
30 Finsbury Square, London. EC2A 1AG
|
|
Phone number & email
|
020 7638 0731
|
|
Other useful information
(e.g. functional relationship with the person or legal
entity subject to the notification obligation)
|
|
C: Additional information
For notes on how to complete form TR-1 please see the FSA
website.
Ends
For further information, please contact:
Accsys Technologies PLC Paul Clegg, CEO Hans Pauli,
CFO
via Citigate Dewe
Rogerson
Numis Securities Nominated Adviser: Oliver
Cardigan
Corporate Broking: Christopher Wilkinson
Ben Stoop
+44 (0)20 7260 1000
Citigate Dewe Rogerson Ginny Pulbrook Malcolm Robertson
Suzanne Bakker
+44 20 7282 2945
+44 20 7282 2867
+31 20 575 4023
Notes to Editors:
Accsys Technologies
PLC ( www.accsysplc.com
) is an environmental science and technology
company whose primary focus is on the production of
Accoya® wood and technology licensing via its
100% owned subsidiary, Titan Wood Limited (trading as Accsys
Technologies), which has manufacturing operations in Arnhem,
the Netherlands, a European office in Windsor and an American
office in Dallas, Texas. Accsys Technologies PLC is listed on
the London Stock Exchange AIM market, and on Euronext
Amsterdam by NYSE Euronext, under the symbols
'AXS'. Accsys' operations comprise three
principal business units: (i) the Accoya® wood
production facility; (ii) technology development, focused on
a programme of continuous development and improvements to the
process engineering and operating protocols for the
acetylation of wood which are currently under
4
development 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.
Wood Acetylation is a process which increases the
amount of 'acetyl' molecules in wood, thereby
changing its physical properties. The 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.
Accoya® wood (www.accoya.com ) is
produced using Accsys' proprietary patented process, 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 temperate 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. For
marine uses where weight is also important,
Accoya® wood for the first time provides boat
builders with a wood that is strong, lightweight, durable and
retains its natural beauty for far longer. For a full archive
of Accoya® news, visit
www.accoya.com/news.asp.
Tricoya ® Wood Elements
( www.tricoya.com )
are produced using Accsys' proprietary technology for the
acetylation of wood chips and particles and are used in the
fabrication of wood based composites, including panel
products. These composites 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. Tricoya® Wood Elements are
lauded as the first major innovation in the wood composites
industry in more than 30 years.
For an archive of news, visit www.accoya.com/news
or www.accsysplc.com/news
5
Recommend :