REG - Accsys Technologies - Notifiable Interest – De Engh B.V.

Accsys TechnologiesAnnouncement

24/01/2022 16:10

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220124:nRSX4295Za&default-theme=true

RNS Number : 4295Z  Accsys Technologies PLC  24 January 2022

AIM: AXS

Euronext Amsterdam: AXS

 

24 January 2022

 

Accsys Technologies PLC

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

 

Notifiable Interest - De Engh B.V.

 

TR-1: Standard form for notification of major holdings

 NOTIFICATION OF MAJOR HOLDINGS

 1a. Identity of the issuer or the underlying issuer of existing shares to                                                                                    Accsys Technologies plc
 which voting rights are attached(ii):
 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X"
 if appropriate)
 Non-UK issuer
 2. Reason for the notification (please mark the appropriate box or boxes with
 an "X")
 An acquisition or disposal of voting rights                                                                                                                                                                                                      X
 An acquisition or disposal of financial instruments
 An event changing the breakdown of voting rights
 Other (please specify)(iii):
 3. Details of person subject to the notification obligation(iv)
 Name                                                                                                                                                         Hoogh Blarick B.V.
 City and country of registered office (if applicable)                                                                                                        Naarden, The Netherlands
 4. Full name of shareholder(s) (if different from 3.)(v)
 Name                                                                                                                                                         De Engh B.V.
 City and country of registered office (if applicable)                                                                                                        Naarden, The Netherlands
 5. Date on which the threshold was crossed or reached(vi):                                                                                                   21/01/2022
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                               24/01/2022
 7. Total positions of person(s) subject to the notification obligation
                                                                            % of voting rights attached to shares (total of 8. A)  % of voting rights through financial instruments      Total of both in % (8.A + 8.B)  Total number of voting rights of issuer(vii)

(total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which threshold was crossed or reached  10.353000%                                             0.00%                                                 10.353000%                      19,916,556
 Position of previous notification (if                                      9.041000%                                              -                                                     9.041000%

 applicable)

 

 8. Notified details of the resulting situation on the date on which the
 threshold was crossed or reached(viii)
 A: Voting rights attached to shares
 Class/type of                                  Number of voting rights(ix)                                                                                 % of voting rights

shares

                                                Direct                                          Indirect                                                    Direct                                           Indirect

                                                (Art 9 of Directive 2004/109/EC) (DTR5.1)       (Art 10 of Directive 2004/109/EC) (DTR5.2.1)                (Art 9 of Directive 2004/109/EC) (DTR5.1)        (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
 GB00BQQFX454                                   -                                               19,916,556                                                  -                                                10.353000%

 SUBTOTAL 8. A                                  19,916,556                                                                                                  10.353000%

 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
 (DTR5.3.1.1 (a))
 Type of financial instrument                   Expiration              Exercise/                                                   Number of voting rights that may be acquired if the instrument is        % of voting rights

date(x)
Conversion Period(xi)

                                                                                                                                    exercised/converted.

                                                                        SUBTOTAL 8. B 1

 B 2: Financial Instruments with similar economic effect according to Art.
 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
 Type of financial instrument  Expiration                               Exercise/                                 Physical or cash                                                  Number of voting rights  % of voting rights

date(x)
Conversion Period (xi)

                                                                                                                  settlement(xii)

                                                                                                                  SUBTOTAL 8.B.2

 

 

 9. Information in relation to the person subject to the notification
 obligation (please mark the

 applicable box with an "X")
 Person subject to the notification obligation is not controlled by any natural                                                                                                                                           X
 person or legal entity and does not control any other undertaking(s) holding
 directly or indirectly an interest in the (underlying) issuer(xiii)
 Full chain of controlled undertakings through which the voting rights and/or
 the

financial instruments are effectively held starting with the ultimate
 controlling natural person or legal entity(xiv )(please add additional rows as
 necessary)
 Name(xv)                    % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                         than the notifiable threshold

 10. In case of proxy voting, please identify:
 Name of the proxy holder
 The number and % of voting rights held
 The date until which the voting rights will be held

 11. Additional information(xvi)

 

 Place of completion  Maarsbergen, The Netherlands
 Date of completion   24 January 2022

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, Geertje Cornelissen
 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 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 characteristics that match or better those of man-made,
intensely resource-depleting and heavily carbon-polluting alternatives.

The company's primary focus is on the production of Accoya(®) wood and
Tricoya(®) wood elements, as well as technology licensing via its
subsidiaries Titan Wood Limited and Tricoya Technologies Limited.  Accsys has
its head office in London, UK, production operations in Arnhem, the
Netherlands, an American office in Dallas, Texas, and is constructing the
world's first Tricoya(®) plant in Hull, UK.

Accsys is committed to a more sustainable world and uses abundantly available
wood sources that are certified as sustainable. With our business model
already aligned with several UN Sustainable Development Goals, Accsys is
currently working on identifying further strategic ESG priorities to have an
even greater positive impact on the world.

Any references in this announcement to agreements with Accsys shall mean
agreements with either Accsys or its subsidiary entities unless otherwise
specified.  Accsys Technologies PLC is listed on the London Stock Exchange
AIM market and on Euronext Amsterdam, under the symbols 'AXS'.

More information about Accsys can be found at www.accsysplc.com
(http://www.accsysplc.com)

Accoya(®) wood is a sustainable, durable and stable solid wood product 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. Produced from certified
(e.g. FSC(®)) sustainable sources, Accoya(®) wood has many environmental
credentials and ecolabels, and 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.

With an up to 50 year warranty and 70+ year service life, the combination of
sustainability, dimensional stability, durability and retained strength means
that Accoya(®) wood offers a wealth of new opportunities to architects,
designers, specifiers, manufacturers and homeowners. These benefits result in
lower maintenance and total cost of ownership while also offering significant
sustainability benefits. For more information about Accoya(®) wood, visit
www.accoya.com (http://www.accoya.com) .

Tricoya(®) wood elements (www.tricoya.com (http://www.tricoya.com) ) are
produced using Accsys' proprietary technology for the acetylation of wood
chips and particles for use in the fabrication of panel products such as
medium density fibreboard (MDF) and particle-board.

Panel products made with Tricoya(®) wood elements are truly durable and
stable enough for use outdoors and in wet environments. Combining the
sustainability, durability and stability from our acetylation process with the
ease of use and quality finish of wood panel products, the enhanced durability
and dimensional stability opens new opportunities for the use of these
products, making them suitable in applications and environments that
previously required solid wood, synthetic or unsustainable materials.

Tricoya(®) wood elements have been lauded as the first major innovation in
the wood composites industry in more than 30 years. For more information about
Tricoya(®) wood elements, visit www.tricoya.com (http://www.tricoya.com) .

Wood acetylation is a process which increases the naturally occurring acetyl
content of wood, thereby changing its physical properties. When carried out to
a sufficient degree throughout the wood, as with Accsys' proprietary process,
it significantly reduces the ability of the wood to absorb water without
adding any toxic or harmful compounds, elements or substances that were not
already present in the wood. This makes it much more dimensionally stable and,
because it is no longer easily digestible to most organisms, extremely
durable.

'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.

 

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  HOLSELFMLEESESF