REG - Accsys Technologies - Notifiable Interest - De Engh B.V.
27/11/2023 10:00
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RNS Number : 7610U Accsys Technologies PLC 27 November 2023
AIM: AXS
Euronext Amsterdam: AXS
27 November 2023
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
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)(iii): As a result of Hoogh Blarick BV and Teslin Participaties Coöperatief UA
having entered into a relationship agreement with Accsys, a lasting common
policy applies.
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): 23/11/2023
6. Date on which issuer notified (DD/MM/YYYY): 24/11/2023
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 29.28000% 0.00% 29.28000% 70,064,708
Position of previous notification (if 14.35000% - 14.35000%
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
ISIN code (if possible)
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 34,343,727 35,720,981 14.35000% 14.93000%
SUBTOTAL 8. A 70,064,708 29.28000%
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 settlement(xii) Number of voting rights
date(x)
Conversion Period (xi)
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 Amsterdam, The Netherlands
Date of completion 24 November 2023
ENDS
For further information, please contact:
Accsys Technologies PLC ir@accsysplc.com (mailto:ir@accsysplc.com)
Katharine Rycroft, Investor Relations
Numis Securities (London) +44 (0) 20 7260 1000
Oliver Hardy (NOMAD), Ben Stoop
ABN AMRO Bank N.V. (Amsterdam)
Julie Wakkie, Diederik Berend
+31 20 628 5789
FTI Consulting (UK) +44 (0) 20 3727 1340
Matthew O'Keeffe, Alex Le May
Communications (NL)
Clemens Sassen, Tessa Nelissen, Huijskens Sassen +31 (0) 20 68 55 955
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.
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