Accsys Tech Regulatory News (AXS)

13 Sep 2007 14:53

Accsys Technologies PLC13 September 2007 NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION INTO OR IN THE UNITED STATES,AUSTRALIA, CANADA OR JAPAN. 13th September 2007 AIM: AXS PUBLICATION OF SUPPLEMENTARY PROSPECTUS IN CONNECTION WITH THE OFFERING AND EURONEXT LISTING Accsys Technologies PLC (the ''Company'') announces the publication of asupplementary prospectus in connection with the proposed listing of its ordinaryshares on Euronext Amsterdam by NYSE Euronext (the "Euronext Listing") and apublic offering in The Netherlands and private placement to certaininstitutional investors outside The Netherlands of ordinary shares in theCompany (the ''Offering''). An inaccuracy in the Prospectus published by the Company on 3rd September 2007in connection with the Offering and the Euronext Listing (the "Prospectus") hassubsequently become apparent relating to the summary of the UK taxation onchargeable gains for individuals resident in the UK set out in paragraph 15.1 ofPart XI (Additional Information) of the Prospectus. In the opinion of theDirectors of the Company, this may be significant for the purposes of making aninformed assessment of the kind mentioned in sections 87A(2) of the FinancialServices and Markets Act 2000 in relation to the Ordinary Shares in the Company. The Company has therefore today published a supplementary prospectuscorrecting the inaccuracy and setting out a correct summary of the taxationposition (the "Supplementary Prospectus"). Save as disclosed in the Supplementary Prospectus, there has been no significantnew factor, material mistake or other inaccuracy relating to the informationincluded in the Prospectus. The Supplementary Prospectus has been approved by the UKLA and notified to TheNetherlands Authority for the Financial Markets (Stichting Autoriteit FinancieleMarkten) and will be made available through the Company's website from today atwww.accsysplc.com/investor_governance and through the website of NYSE Euronextat www.euronext.com (in the case of Dutch residents only). . Hard copies of theSupplementary Prospectus and any subsequent supplement to the Prospectus or theSupplementary Prospectus, may be obtained at no cost at either of the followingaddresses:- Accsys Technologies PLC (66 Hammersmith Road, London W14 8UD, United Kingdom). Fortis Bank (Nederland) N.V. (Rokin 55, 1012 KK Amsterdam, tel: +31 20 527 2467,email: prospectus@nl.fortis.com). The availability of the Supplementary Prospectus as from today will also beannounced through advertisements in the Daily Official List (OfficielePrijscourant) and in a Dutch national newspaper (Het Financieele Dagblad). Any investor who has concluded an agreement for the purchase or acquisition ofOffer Shares or who has made an offer aimed at the conclusion of an agreementfor the purchase or acquisition of Offer Shares, has the right to rescind(ontbinden) such agreement or to withdraw (herroepen) such offer, up to andincluding 5.30pm CET on Monday, 17 September 2007. Investors who wish toexercise such rescission or withdrawal rights should send a withdrawal notice,which must include the full name and address of the investor, to Fortis Bank(Nederland) N.V. by facsimile to +31 (0) 2052 71992. For further information, please contact: Accsys Technologies PLC William Paterson-Brown, +44 (0) 20 8144 2510 Chairman & CEO Parkgreen Communications Justine Howarth +44 (0) 20 7851 7480Citigate First Financial B.V. Jose Tijssen +31 (0)20 575 4024 Frank Jansen Other information: This announcement is not an offer to sell or a solicitation of any offer to buythe securities of Accsys Technologies PLC (the "Company", and such securities,the "Securities") in the United States or in any other jurisdiction. The Securities have not been and will not be registered under the U.S.Securities Act of 1933, as amended (the "Securities Act") and may not be offeredor sold in the United States unless registered under the Securities Act or anexemption from such registration is available. No public offering of Securitiesof the Company is being made in the United States. This announcement does not constitute a prospectus. The offer to acquireSecurities pursuant to the proposed offering will be made, and any investorshould make his investment, solely on the basis of information contained in theProspectus (as supplemented by the Supplementary Prospectus) published by theCompany in connection with the Offering and the Euronext Amsterdam Listing.Copies of the Prospectus and the Supplementary Prospectus may be obtained at nocost through the website of Euronext Amsterdam (Dutch residents only) and thewebsite of the Company. All investment is subject to risk. The value of the Securities offered may godown as well as up. Past performance is no guarantee of future returns.Potential investors are advised to seek expert financial advice before makingany investment decision. In connection with the Offering, Fortis Bank (Nederland) N.V. (the "Stabilisation Manager") (or persons acting on behalf of the StabilisationManager) may over-allot shares or effect transactions with a view to supportingthe market price of the Securities at a level higher than that which mightotherwise prevail. However, there is no assurance that the Stabilisation Manager(or persons acting on behalf of the Stabilisation Manager) will undertakestabilisation action. Any stabilisation action may begin on or after the date onwhich adequate public disclosure of the final offer price of the Securities ismade and, if begun, may be ended at any time, but it must end no later than 30days after allotment of the Securities. Certain statements in this announcement are forward-looking statements. Theseforward-looking statements speak only as at the date of this announcement. Suchstatements are based on current expectations and beliefs and, by their nature,are subject to a number of known and unknown risks and uncertainties that couldcause actual results and performance to differ materially from any expectedfuture results or performance expressed or implied by the forward-lookingstatement. The information and opinions expressed in this announcement aresubject to change without notice and neither the Company nor Fortis Bank(Nederland) N.V. assumes any responsibility or obligation to update publicly orreview any of the forward-looking statements contained herein, regardless ofwhether those statements are affected by the results of new information, futureevents or otherwise. This information is provided by RNS The company news service from the London Stock Exchange