AIM: AXS
Euronext Amsterdam: AXS
15 September 2023
Accsys Technologies PLC
("Accsys", the "Group" or the "Company")
Notifiable Interest - De Engh B.V.
TR-1: Standard form for notification of major holdings
| NOTIFICATION OF MAJOR HOLDINGS | ||
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | Accsys Technologies plc | |
| 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 | X | |
| An acquisition or disposal of financial instruments | | |
| An event changing the breakdown of voting rights | | |
| Other (please specify)iii: | | |
| 3. Details of person subject to the notification obligationiv | ||
| Name | Hoogh Blarick B.V. | |
| City and country of registered office (if applicable) | Naarden, The Netherlands | |
| 4. Full name of shareholder(s) (if different from 3.)v | ||||||||||||||
| Name | De Engh B.V. | |||||||||||||
| City and country of registered office (if applicable) | Naarden, The Netherlands | |||||||||||||
| 5. Date on which the threshold was crossed or reachedvi: | 12/09/2023 | |||||||||||||
| 6. Date on which issuer notified (DD/MM/YYYY): | 14/09/2023 | |||||||||||||
| 7. Total positions of person(s) subject to the notification obligation | ||||||||||||||
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| % of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments | Total of both in % (8.A + 8.B) | Total number of voting rights of issuervii | ||||||||||
| Resulting situation on the date on which threshold was crossed or reached | 11.015000% | 0.00% | 11.015000% | 24,250,000 | ||||||||||
| Position of previous notification (if applicable) | 10.578000% | - | 10.578000% |
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| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | ||||||||||||||
| A: Voting rights attached to shares | ||||||||||||||
| Class/type of
| Number of voting rightsix | % of voting rights | ||||||||||||
| Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | |||||||||||
| GB00BQQFX454 | 24,250,000 |
| 11.015000% |
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| SUBTOTAL 8. A | 24,250,000 | 11.015000% | ||||||||||||
| B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | ||||||||||||||
| Type of financial instrument | Expiration | Exercise/ | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | ||||||||||
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| SUBTOTAL 8. B 1 | |
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| 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 instrument | Expiration | Exercise/ | Physical or cash settlementxii | Number of voting rights | % of voting rights | |||||||||
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| SUBTOTAL 8.B.2 |
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| 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 by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii | X | |||
| Full chain of controlled undertakings through which the voting rights and/or the |
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| Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
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| 10. In case of proxy voting, please identify: | ||||
| Name of the proxy holder |
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| The number and % of voting rights held |
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| The date until which the voting rights will be held |
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| 11. Additional informationxvi | ||||
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| Place of completion | Amsterdam, The Netherlands |
| Date of completion | 14 September 2023 |
Ends
For further information, please contact:
| Accsys Technologies PLC | +44 (0) 7783 776080 |
| Numis Securities (London) |
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| Investec Bank plc (London) | +44 (0) 20 7597 5970 |
| ABN Amro (Amsterdam) | +31 20 344 2000 |
| FTI Consulting (UK) |
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| Huijskens Sassen Communications (The Netherlands) |
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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 brand trademark, from Tricoya Technologies Limited, a subsidiary of TWL with exclusive rights to exploit the Tricoya® brand.
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