REG - Accsys Technologies - Directorate Update

Accsys TechnologiesAnnouncement

05/07/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240705:nRSE2443Va&default-theme=true

RNS Number : 2443V  Accsys Technologies PLC  05 July 2024

AIM: AXS

Euronext Amsterdam: AXS

 

5 July 2024

 

Accsys Technologies PLC

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

 

Directorate Update

 

 

Accsys announces today that Interim Chief Financial Officer (CFO), Hans Pauli,
has been appointed as an executive director of the Company with effect from 4
July 2024.

On 16 May 2024 the Company announced that Hans Pauli had been appointed as
Interim CFO whilst a search was underway to replace previous CFO, Steven
Salo.  While the search for a permanent CFO is well underway, the Board
believes it would be prudent to appoint Hans as an executive director of the
Board, in his capacity as Interim CFO, in order to provide continuity for the
business.

Further updates on the search for a new CFO will be provided in due course.

 

The following information is disclosed in accordance with paragraph (g) of
Schedule Two of the AIM Rules for Companies in relation to Hans Pauli's
appointment to the Board as an Executive Director:

Full name: Johannes (Hans) Catharina Hermanus Leonardus Pauli

Age: 64 years

Current Directorships: Tricoya UK Limited; Tricoya Technologies Limited; Titan
Wood Limited; Titan Wood B.V.; Titan Wood Technology B.V.; Accoya USA, LLC*;
Dordtwijck I B.V.; Dordtwijck II B.V.; Stichting Administratiekantoor
Dordtwijck I; MedSciences Capital II B.V.

 

(* appointed as a manager under joint venture LLC agreement)

 

Directorships held in the past five years: n/a.

 

There are no other matters in relation to the appointment of Hans Pauli which
are required to be disclosed in accordance with the AIM Rules for Companies.

 

Ends

 

For further information, please contact:

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

Investor Relations
 Deutsche Numis (London)                             +44 (0) 20 7260 1000
 Oliver Hardy (NOMAD), Ben Stoop
 ABN Amro (Amsterdam)                                +31 20 344 2000
 Dennis van Helmond
 Huijskens Sassen Communications (The Netherlands)   +31 20 685 5955

Clemens Sassen

 

 

 

 

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAZZGGNRDFGDZM