REG - Accsys Technologies - Successful Completion of Debt Refinancing

Accsys TechnologiesAnnouncement

22/10/2025 07:00

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RNS Number : 2877E  Accsys Technologies PLC  22 October 2025

AIM: AXS

Euronext Amsterdam: AXS

 

22 October 2025

 

Accsys Technologies PLC

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

 

Successful Completion of Debt Refinancing

 

Accsys, the world's leading supplier of premium, high performance and
sustainable wood building materials, today announces that it has agreed new
debt financing facilities (the "Facilities") of €55 million, provided on an
equal basis by ABN AMRO Bank N.V. ("ABN AMRO") and HSBC UK Bank PLC ("HSBC")
(together, the "Banks").

The Facilities comprise of a €20 million term loan and a €35 million
Revolving Credit Facility and are committed for a three-year term, maturing in
October 2028. The Facilities include an option, at the Banks' discretion, to
extend for a further year to October 2029. Pricing terms on the Facilities are
improved, together with lower quarterly capital repayments compared to the
current €52.1 million facility held with ABN AMRO, which was due to mature
in September 2027.

The refinancing replaces the current ABN AMRO facility, provides additional
liquidity for the Group and strengthens the Group's financial position on
improved financial terms.

Jelena Arsic van Os, Chief Executive Officer, commented:

"This strategic re-financing model strengthens our capital structure, enhances
financial flexibility and further de-risks our profile, positioning us to
execute our FOCUS strategy and growth plans with greater confidence and
resilience."

Sameet Vohra, Chief Financial Officer, commented:

"The success of this refinancing demonstrates continued strong support from
ABN AMRO, and we are delighted to partner with HSBC, a bank of significant
strength and reputation.  We are pleased to have secured improved financing
facilities and we would like to take this opportunity to thank ABN AMRO and
HSBC who have demonstrated confidence in our business model and strategy."

Ends

Enquiries:

Accsys Investor Relations
                                      ir@accsysplc.com
(mailto:ir@accsysplc.com)

 

Panmure Liberum (London) - Nomad and Broker

Nicholas How (NOMAD), Will King, Gaya Bhatt
                       +44 (0) 20 3100 2000

 

ABN Amro (Amsterdam) - Broker

Richard van Etten, Dennis van Helmond
                             +31 (0) 20 344 2000

 

Media:

 

Camarco (UK)
 
      accsys@camarco.co.uk (mailto:accsys@camarco.co.uk)

Ginny Pulbrook, Tom Huddart, Tilly Butcher
                            +44 (0)20 3757
4980
 

Huijskens Sassen Communications (NL)

Clemens Sassen, Tessa
Nelissen
      +31 (0) 20 68 55 955

 

Notes to editors:

 

Accsys (Accsys Technologies PLC) is disrupting the building materials industry
with its high-performance wood products and proprietary technology. Driven by
its purpose of "changing wood to change the world", Accsys takes fast-growing,
certified sustainable wood and turns it into long lasting, eco-friendly
building materials - backed by warranties of up to 50 years. Operating in the
rapidly growing global wood construction market, Accsys has an established
manufacturing footprint in Europe and North America with active product
distribution in more than 25 countries. Accsys is listed on the London Stock
Exchange AIM market and on Euronext Amsterdam, under the symbols 'AXS'.

Accsys is a Participant of the United Nations Global Compact and adheres to
its principles-based approach to responsible business.

Visit www.accsysplc.com (http://www.accsysplc.com/)

 

Accoya(®) is the global leader for high-performance wood. Created through a
proprietary acetylation process developed by Accsys, Accoya delivers superior
durability and stability, backed by an industry-leading warranty of up to 50
years. It holds Cradle to Cradle Certified(®) Gold (Full Scope - V3.1)
status for its circular economy benefits. Combining the natural beauty of wood
with exceptional performance, Accoya is the preferred choice for windows,
doors, cladding, and decking - outperforming hardwoods and manmade materials
in durability, stability, and sustainability.

Tricoya(®) acetylated wood chips redefine panel products, creating
next-generation panels that thrive outdoors and in wet environments.
Recognised as the biggest leap in wood composites in over 30 years, Tricoya
panels combine the strength and versatility of traditional products with
unmatched durability and eco-friendliness - backed by a warranty of up to 50
years - expanding design and construction possibilities like never before.

To find out more visit: www.accoya.com (http://www.accoya.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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