12 Aug 2010 14:57
12 August 2010
AIM: AXS
NYSE Euronext Amsterdam: AXS
ACCSYS TECHNOLOGIES PLC
Notifiable Interest
The Company announces that it received the following notification on 11 August 2010:
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||||||||||||||
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | Accsys Technologies PLC | ||||||||||||||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||||||||||||||
An acquisition or disposal of voting rights | X | ||||||||||||||||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: iii | Al Rajhi Holdings W.L.L. | ||||||||||||||||
4. Full name of shareholder(s) (if different from 3.):iv | Al Salam Opportunities Limited | ||||||||||||||||
5. Date of the transaction and date on which the threshold is crossed or reached: v | 4th August 2010 | ||||||||||||||||
6. Date on which issuer notified: | 10th August 2010 | ||||||||||||||||
7. Threshold(s) that is/are crossed or reached: vi, vii | Below 6% | ||||||||||||||||
8. Notified details: | |||||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||||
Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||||||||||||
Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights x | |||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
GB00BOLMC530 | 12,373,969 | 12,373,969 | 10,928,837 | 10,928,837 |
| 5.45% |
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B: Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights | |||||||||||||
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financial instrument | Exercise price | Expiration date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
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| Nominal | Delta | |||||||||||
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Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
10,928,837 | 5.45% | ||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | |||||||||||||||||
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Proxy Voting: | |||||||||||||||||
10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
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14. Contact name: | Andrew Paine, Chief Financial Officer | ||||||||||||||||
15. Contact telephone number: | +973 1756 4100 | ||||||||||||||||
Ends