Last checked at 12 Aug 2021 16:22
AIM: AXS
Euronext Amsterdam: AXS
12 August 2021
Accsys Technologies PLC
("Accsys", the "Group" or the "Company")
Directors' Interests
Further to the Company's announcement of 4 August 2021the following transactions have been completed following the vesting of share awards made to Executive Directors Robert Harris and William Rudge in lieu of cash bonuses for the year ended 31 March 2020:
Executive Director | Number of Shares vested and sold | Average Price sold |
Robert Harris | 89,250 | £1.65 |
William Rudge | 77,067 | £1.65 |
The following notifications are made under article 19 of the Market Abuse Regulation relating to certain transactions by persons discharging managerial responsibilities in the Shares of the Company.
1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| Name | Robert Harris | |
2. | Reason for the Notification | ||
| Position/Status | Chief Executive Officer | |
| Initial notification/amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor | ||
| Name | Accsys Technologies plc | |
| LEI | 213800HKRFK8PNUNV581 | |
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| Description of the Financial instrument, type of instrument | Ordinary shares of €0.05 each in Accsys Technologies plc | |
| Identification code | GB00BQQFX454 | |
| Nature of the Transaction | Sale of Shares | |
| Price(s) and volume(s) | Price(s) | Volume(s) |
£1.65 | 89,250 | ||
| Aggregated information: Aggregated volume Aggregated price |
89,250
£146,931.56
| |
| Date of the transaction | 29 July to 12 August 2021 | |
| Place of the transaction | London Stock Exchange (XLON); AIM Market | |
1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| Name | William Rudge | |
2. | Reason for the Notification | ||
| Position/Status | Finance Director | |
| Initial notification/amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor | ||
| Name | Accsys Technologies plc | |
| LEI | 213800HKRFK8PNUNV581 | |
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| Description of the Financial instrument, type of instrument | Ordinary shares of €0.05 each in Accsys Technologies plc | |
| Identification code | GB00BQQFX454 | |
| Nature of the Transaction | Sale of Shares | |
| Price(s) and volume(s) | Price(s) | Volume(s) |
£1.65 | 77,067 | ||
| Aggregated information: Aggregated volume Aggregated price |
77,067
£126,874.79
| |
| Date of the transaction | 29 July to 12 August 2021 | |
| Place of the transaction | London Stock Exchange (XLON); AIM Market | |
Ends
For further information, please contact:
Accsys Technologies PLCSarah Ogilvie, Investor Relations | ir@accsysplc.com |
Numis Securities (London)Oliver Hardy (NOMAD), Ben Stoop | +44 (0) 20 7260 1000 |
Investec Bank plc (London)Carlton Nelson, Alex Wright ABN Amro (Amsterdam)Richard van Etten, Dennis van Helmond | +44 (0) 20 7597 5970 +31 20 344 2000 |
FTI Consulting (UK)Matthew O'Keeffe, Alex Le May | +44 (0) 20 3727 1340 |
Off the Grid (The Netherlands)Frank Neervoort, Yvonne Derske | +31 681 734 236 |
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
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
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
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.