REG - Accsys Technologies - Results of Annual General Meeting 2023

Accsys TechnologiesAnnouncement

20/09/2023 17:15

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RNS Number : 1206N  Accsys Technologies PLC  20 September 2023

AIM: AXS

Euronext Amsterdam: AXS

 

20 September 2023

 

Accsys Technologies PLC

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

 

Results of Annual General Meeting

 

The Board of Accsys announces that its Annual General Meeting was held at
12.00pm (BST) on 20 September 2023.

All resolutions, as set out in the Notice of Annual General Meeting, dated 23
August 2022 were duly passed, with the exception of Resolution 3: 'To
reappoint Stephen Odell as a Director of the Company', which was withdrawn as
a resolution prior to the meeting, as detailed in the Company's announcement
of 12 September 2023.

The final voting position is shown below (inclusive of proxy votes cast prior
to and at the Meeting). Any proxy votes which are at the discretion of the
Chairman have been included in the "For" total.

 

 No  Resolutions                                                                    For                 Against  Vote Withheld  %Vote Cast For(( 1  (#_ftn1) ))

     (Please refer to the Notice of Meeting for full text)
 Ordinary resolutions
 1   To receive and adopt the audited financial statements for the financial year   108,921,596  34,160          30,769         99.96%
     ended 31 March 2023, together with the reports of the Directors and auditors
 2   To approve the Directors' Remuneration Report for the financial year ended 31  107,503,125  1,389,403       93,997         98.72%
     March 2023 (excluding the Remuneration Policy)
 3   To reappoint Stephen Odell as a Director of the Company                        n/a          n/a             n/a            n/a
 4   To reappoint Trudy Schoolenberg as a Director of the Company                   107,529,724  1,368,664       88,137         98.74%
 5   To reappoint Louis Eperjesi as a Director of the Company                       107,505,063  1,382,325       99,137         98.73%
 6   To appoint Roland Waibel as a Director of the Company                          107,508,463  1,381,925       96,237         98.73%
 7   To appoint Jelena Arsic van Os as a Director of the Company                    105,577,053  1,371,335       38,137         98.74%
 8   To appoint Steven Salo as a Director of the Company                            108,879,733  57,655          49,137         99.94%
 9   To reappoint PricewaterhouseCoopers LLP as auditor of the Company              108,881,341  76,256          28,928         99.93%
 10  To authorise the Directors to determine the auditor's remuneration             108,860,342  98,382          27,801         99.91%
 11  To authorise the Directors to allot shares generally                           107,498,203  1,458,439       29,883         98.66%
 12  To approve the Accsys 2023 Long Term Incentive Plan                            107,557,356  1,387,768       41,401         98.72%
 Special resolutions
 13  To empower the Directors to allot shares for cash (other than pro rata to      107,486,561  1,463,681       36,283         98.65%
     existing shareholders)
 14  To authorise the Company to make market purchases of its own ordinary shares   107,557,978  1,402,264       26,283         98.71%
 15  To authorise a general meeting of the Company (other than an annual general    107,580,768  1,379,874       25,883         98.73%
     meeting) to be called on not less than 14 clear days' notice

 

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.

 

 

 1  (#_ftnref1) Discounting Votes Withheld

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