REG - Accsys Technologies - Issue of Equity

Accsys TechnologiesAnnouncement

17/11/2022 15:00

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RNS Number : 8149G  Accsys Technologies PLC  17 November 2022

AIM: AXS

Euronext Amsterdam: AXS

 

 

 

17 November 2022

 

Accsys Technologies PLC

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

 

Issuance of Shares and Total Voting Rights

 

 

Issuance of shares

Further to the Company's announcement made on 2 November 2022, application has
now been made in respect of the final share issuance under the Tricoya
Consortium restructuring.

The application has been made for 267,542 ordinary shares of €0.05 each
("the shares").

The shares will rank pari passu in all respects with the existing ordinary
shares of the Company, to be admitted to the regulated market operated by
Euronext Amsterdam N.V. and to the London Stock Exchange's AIM market, with
admission expected to occur on or around 8.00 am UK time on
18 November 2022.

The shares will be subject to lock up restrictions on the disposal of these
shares, for up to 9 months following completion (with partial release of
tranches during the lock-up period), subject to customary exceptions and
orderly market provisions during the 9-month period.

 

Total voting rights

Upon admission the total number of issued shares and the total number of
voting rights in the Company will be 218,772,510.

The Company does not hold any shares in Treasury.

This figure should be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the share capital
of the Company under the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules."

 

Ends

 

 

 

  For further information, please contact:

 Investors:                              ir@accsysplc.com (mailto:ir@accsysplc.com)

 Accsys Technologies PLC

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

  Media:
 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 trademark, from Tricoya
Technologies Limited, a subsidiary of TWL with exclusive rights to exploit the
Tricoya(®) brand.

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