TIDMAXS
RNS Number : 7610U
Accsys Technologies PLC
27 November 2023
AIM: AXS
Euronext Amsterdam: AXS
27 November 2023
Accsys Technologies PLC
("Accsys", the "Group" or the "Company")
Notifiable Interest - De Engh B.V.
TR-1: S tandard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS
1a. Identity of the issuer or the Accsys Technologies plc
underlying issuer of existing shares
to 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
-----------------------------------------
An acquisition or disposal of financial
instruments
-----------------------------------------
An event changing the breakdown of voting
rights
-----------------------------------------
Other (please specify)(iii) : As a result of Hoogh Blarick
BV and Teslin Participaties
Coöperatief UA having
entered into a relationship
agreement with Accsys, a
lasting common policy applies.
-----------------------------------------
3. Details of person subject to the notification obligation (iv)
Name "Hoogh Blarick" B.V.
City and country of registered office Naarden, The Netherlands
(if applicable)
4. Full name of shareholder(s) (if different from 3.) (v)
Name De Engh B.V.
-----------------------------------------
City and country of registered office Naarden, the Netherlands
(if applicable)
-----------------------------------------
5. Date on which the threshold was 23/11/2023
crossed or reached (vi) :
-----------------------------------------
6. Date on which issuer notified 24/11/2023
(DD/MM/YYYY):
-----------------------------------------
7. Total positions of person(s) subject to the notification obligation
% of voting % of voting rights Total of both Total number
rights attached through financial in % (8.A + of voting
to shares instruments 8.B) rights of
(total of (total of 8.B 1 + issuer (vii)
8. A) 8.B 2)
----------------- --------------------- -------------------- -------------------
Resulting
situation
on the date
on which
threshold
was crossed
or reached 29.28000% 0.00% 29.28000% 70,064,708
----------------- --------------------- -------------------- -------------------
Position of
previous
notification
(if
applicable) 14.35000% - 14.35000%
----------------- --------------------- -------------------- -------------------
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
ISIN code (if
possible)
---------------------------------------- -----------------------------------------
Direct Indirect Direct Indirect
(Art 9 (Art 10 of Directive (Art 9 of Directive (Art 10
of Directive 2004/109/EC) 2004/109/EC) of Directive
2004/109/EC) (DTR5.2.1) (DTR5.1) 2004/109/EC)
(DTR5.1) (DTR5.2.1)
----------------- --------------------- -------------------- -------------------
GB00BQQFX454 34,343,727 35,720,981 14.35000% 14.93000%
----------------- --------------------- -------------------- -------------------
SUBTOTAL 8.
A 70,064,708 29.28000%
---------------------------------------- -----------------------------------------
B 1: Financial Instruments according to Art. 13(1)(a) of Directive
2004/109/EC (DTR5.3.1.1 (a))
Type of financial Expiration Exercise/ Number of voting % of voting rights
instrument date (x) Conversion rights that may
Period (xi) be acquired if
the instrument
is
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 Expiration Exercise/ Physical or cash Number of voting
instrument date (x) Conversion settlement (xii) rights
Period (xi)
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 X
by any natural 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 % of voting rights Total of both if
if it equals or through financial it equals or is
is higher than the instruments if higher than the
notifiable threshold it equals or is notifiable threshold
higher 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 24 November 2023
---------------------------
S
For further information, please contact:
Accsys Technologies PLC ir@accsysplc.com
Katharine Rycroft, Investor Relations
============================================ =======================
Numis Securities (London)
Oliver Hardy (NOMAD), Ben Stoop +44 (0) 20 7260 1000
============================================ =======================
ABN AMRO Bank N.V. (Amsterdam)
Julie Wakkie, Diederik Berend +31 20 628 5789
============================================ =======================
FTI Consulting (UK)
Matthew O'Keeffe, Alex Le May +44 (0) 20 3727 1340
============================================ =======================
Communications (NL)
Clemens Sassen, Tessa Nelissen, Huijskens
Sassen +31 (0) 20 68 55 955
-------------------------------------------- -----------------------
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 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 characteristics that match or better those
of man-made, intensely resource-depleting and heavily
carbon-polluting alternatives.
The company's primary focus is on the production of Accoya wood
and Tricoya wood elements, as well as technology licensing via its
subsidiaries Titan Wood Limited and Tricoya Technologies Limited.
Accsys has its head office in London, UK, production operations in
Arnhem, the Netherlands, an American office in Dallas, Texas, and
is constructing the world's first Tricoya plant in Hull, UK.
Accsys is committed to a more sustainable world and uses
abundantly available wood sources that are certified as
sustainable. With our business model already aligned with several
UN Sustainable Development Goals, Accsys is currently working on
identifying further strategic ESG priorities to have an even
greater positive impact on the world.
Any references in this announcement to agreements with Accsys
shall mean agreements with either Accsys or its subsidiary entities
unless otherwise specified. Accsys Technologies PLC is listed on
the London Stock Exchange AIM market and on Euronext Amsterdam,
under the symbols 'AXS'.
More information about Accsys can be found at
www.accsysplc.com
Accoya wood is a sustainable, durable and stable solid wood
product 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. Produced from certified (e.g. FSC(R)
) sustainable sources, Accoya wood has many environmental
credentials and ecolabels, and is one of very few building
materials to be Cradle to Cradle Certified(TM) 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.
With an up to 50-year warranty and 70+ year service life, the
combination of sustainability, dimensional stability, durability
and retained strength means that Accoya wood offers a wealth of new
opportunities to architects, designers, specifiers, manufacturers
and homeowners. These benefits result in lower maintenance and
total cost of ownership while also offering significant
sustainability benefits. For more information about Accoya(R) wood,
visit www.accoya.com .
Tricoya wood elements ( www.tricoya.com ) are produced using
Accsys' proprietary technology for the acetylation of wood chips
and particles for use in the fabrication of panel products such as
medium density fibreboard (MDF) and particle-board.
Panel products made with Tricoya wood elements are truly durable
and stable enough for use outdoors and in wet environments.
Combining the sustainability, durability and stability from our
acetylation process with the ease of use and quality finish of wood
panel products, the enhanced durability and dimensional stability
opens new opportunities for the use of these products, making them
suitable in applications and environments that previously required
solid wood, synthetic or unsustainable materials.
Tricoya wood elements have been lauded as the first major
innovation in the wood composites industry in more than 30 years.
For more information about Tricoya wood elements, visit
www.tricoya.com .
Wood acetylation is a process which increases the naturally
occurring acetyl content of wood, thereby changing its physical
properties. When carried out to a sufficient degree throughout the
wood, as with Accsys' proprietary process, it significantly reduces
the ability of the wood to absorb water without adding any toxic or
harmful compounds, elements or substances that were not already
present in the wood. This makes it much more dimensionally stable
and, because it is no longer easily digestible to most organisms,
extremely durable.
'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.
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END
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