REG - Accsys Technologies - Notifiable Interest - De Engh

Accsys TechnologiesAnnouncement

15/09/2023 16:00

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RNS Number : 6604M  Accsys Technologies PLC  15 September 2023

AIM: AXS

Euronext Amsterdam: AXS

 

15 September 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                                                            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):                                                                                                             12/09/2023
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                                         14/09/2023
 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     11.015000%                                                  0.00%                                                                11.015000%                                        24,250,000
 Position of previous notification (if                                         10.578000%                                                  -                                                                    10.578000%

 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                                                                                      24,250,000                                                                                                                   11.015000%

 SUBTOTAL 8. A                                                                                     24,250,000                                                                                                                   11.015000%
 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  Amsterdam, The Netherlands
 Date of completion   14 September 2023

Ends

For further information, please contact:

 Accsys Technologies PLC                             +44 (0) 7783 776080

Katharine Rycroft, Head of 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
 ABN Amro (Amsterdam)                                +31 20 344 2000
 Richard van Etten, Dennis van Helmond
 FTI Consulting (UK)                                 +44 (0) 20 3727 1340

Matthew O'Keeffe, Alex Le May
 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.

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