REG - Accsys Technologies - Grant of Awards under Accsys Deferred Bonus Plan

Accsys TechnologiesAnnouncement

12/07/2022 10:30

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RNS Number : 1682S  Accsys Technologies PLC  12 July 2022

AIM: AXS

Euronext Amsterdam: AXS

 

12 July 2022

 

Accsys Technologies PLC

("Accsys", the "Group" or the "Company")

 

Grant of awards under the Accsys Deferred Bonus Plan ("DBP")

Accsys, the fast-growing and eco-friendly company that combines chemistry and
technology to create high performance, sustainable wood building products, has
granted awards in the form of nil-cost options over ordinary shares in the
Company ("Ordinary Shares") under the DBP to the following Directors. The
awards have been granted by the Remuneration Committee in respect of bonuses
earned for the financial year ended 31 March 2022 and will vest on 11 July
2024. Further details of the applicable annual bonus arrangements can be found
in the Company's Annual Report and Financial Statements for the period ended
31 March 2021.

 Director       Role                     Number of Ordinary Shares over which award granted
 Robert Harris  Chief Executive Officer  21,918
 William Rudge  Finance Director         14,569

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                                         Robert Harris
 2.  Reason for the notification

 a)  Position / status                                            Chief Executive Officer
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer
 a)  Name                                                         Accsys Technologies PLC
 b)  LEI                                                          213800HKRFK8PNUNV581
 4.  Details of the transaction(s): section to be repeated for (i) each type of

     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary Shares of €0.05 each
 b)  Identification code                                          ISIN:  GB00BQQFX454
 c)  Nature of the transaction                                    Grant of award under the Accsys Deferred Bonus Plan
 d)  Price(s) and                                                 Price(s)  Volume(s)

                                                            Nil       21,918
     volume(s)
 e)  Aggregated information                                       N/A

     -     Volume

     -     Price
 f)  Date of the transaction                                      11 July 2022
 g)  Place of the transaction                                     Outside a trading venue

e)

Aggregated information

-     Volume

-     Price

N/A

f)

Date of the transaction

11 July 2022

g)

Place of the transaction

Outside a trading venue

 

 

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                                         William Rudge
 2.  Reason for the notification

 a)  Position / status                                            Finance Director
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer
 a)  Name                                                         Accsys Technologies PLC
 b)  LEI                                                          213800HKRFK8PNUNV581
 4.  Details of the transaction(s): section to be repeated for (i) each type of

     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary Shares of €0.05 each
 b)  Identification code                                          ISIN:  GB00BQQFX454
 c)  Nature of the transaction                                    Grant of award under the Accsys Deferred Bonus Plan
 d)  Price(s) and                                                 Price(s)  Volume(s)

                                                            Nil       14,569
     volume(s)
 e)  Aggregated information                                       N/A

     -     Volume

     -     Price
 f)  Date of the transaction                                      11 July 2022
 g)  Place of the transaction                                     Outside a trading venue

e)

Aggregated information

-     Volume

-     Price

N/A

f)

Date of the transaction

11 July 2022

g)

Place of the transaction

Outside a trading venue

 

Ends

 

For further information, please contact:

 Accsys Technologies PLC                 ir@accsysplc.com (mailto:ir@accsysplc.com)

Sarah Ogilvie, Investor Relations
 Numis Securities (London)               +44 (0) 20 7260 1000
 Oliver Hardy (NOMAD), Ben Stoop
 Investec Bank plc (London)              +44 (0) 20 7597 5970
 Carlton Nelson, Alex Wright

                                       +31 20 344 2000
 ABN Amro (Amsterdam)
 Richard van Etten, Dennis van Helmond
 FTI Consulting (UK)                     +44 (0) 20 3727 1340

Matthew O'Keeffe, Alex Le May
 Off the Grid (The Netherlands)          +31 681 734 236

Frank Neervoort, Yvonne Derske

 

Notes to editors:

 

Accsys (Accsys Technologies PLC) is a fast-growing business with a purpose:
changing wood to change the world. The company combines chemistry, technology
and ingenuity to make Accoya(®) wood and Tricoya(®) wood elements:  high
performance wood products that are extremely durable and stable, opening new
opportunities for the built environment and giving the world a choice to build
sustainably. Accsys transforms fast-growing, certified sustainable wood into
building materials with an up to 50-year warranty, locking carbon stored in
the wood into useful products for decades, with performance characteristics
that match or better those of non-renewable, resource-depleting and polluting
alternatives.  Accsys is listed on the London Stock Exchange AIM market and
on Euronext Amsterdam, under the symbols 'AXS'.  Visit www.accsysplc.com
(http://www.accsysplc.com)

Accoya(®) solid wood is sustainable, durable, and stable with exceptional
performance, finish and sustainability. Accsys' proprietary acetylation
process makes the wood more dimensionally stable and because it is no longer
easily digestible, extremely durable. It is one of very few building materials
to be Cradle to Cradle Certified™ at the Gold level, with a Platinum rating
for Material Health, confirming that no harmful or toxic additives or
chemicals are present to leach out into the environment. Primary applications
for Accoya(®) wood include windows, doors, cladding and decking, where the
combination of performance and sustainability benefits compete favorably
against hardwoods, plastics, metals and concrete. Visit www.accoya.com
(http://www.accoya.com)

Tricoya(®) acetylated wood elements are produced for use in the fabrication
of panel products such as medium density fibreboard (MDF). Panel products made
with Tricoya(®) wood elements are truly durable and stable enough for use
outdoors and in wet environments, unlocking new possibilities for design and
construction. They have been lauded as the first major innovation in the wood
composites industry in more than 30 years and bring the flexibility of
traditional panel products and sustainability benefits of wood to a whole new
range of applications. Visit www.tricoya.com (http://www.tricoya.com)

Any references in this announcement to agreements with Accsys shall mean
agreements with either Accsys or its subsidiary entities unless otherwise
specified. 'Accsys' and 'Accsys Technologies' are trading names of Titan Wood
Limited ("TWL"), a wholly-owned subsidiary of Accsys Technologies PLC.
Accoya(®), Tricoya(®) and the Trimarque Device are registered trademarks
owned by TWL, and may not be used or reproduced without written permission
from TWL, or in the case of the Tricoya(®) registered brand trademark, from
Tricoya Technologies Limited, a subsidiary of TWL with exclusive rights to
exploit the Tricoya(®) brand.

 

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