Accsys Technologies PLC Block Listing Application to AIM (2681Z)
12 Maggio 2023 - 12:21PM
UK Regulatory
TIDMAXS
RNS Number : 2681Z
Accsys Technologies PLC
12 May 2023
AIM: AXS
Euronext Amsterdam: AXS
12 May 2023
Accsys Technologies PLC
("Accsys", the "Group" or the "Company")
Block Listing Application to AIM
Accsys, the fast-growing and eco-friendly company that combines
chemistry and technology to create high performance, sustainable
wood building products announces that application has been made to
the London Stock Exchange for a block listing of 1,000,000 ordinary
shares of EUR0.05 each in the Company ("New Ordinary Shares").
The block listing will be used to issue shares over time in
connection with the Company's share plans, including satisfying
outstanding options already issued under the 2013 LTIP plan, issued
to the Company's Employee Benefit Trust in relation to employee
share awards or the Company's Deferred Bonus Scheme and issued to
the Company's Dutch foundation in connection with the Company's
employee participation plan. The New Ordinary Shares issued and
admitted to trading under the block admission will rank equally
with the existing shares.
The New Ordinary Shares are expected to be admitted to trading
on AIM on 17 May 2023. The Company does not hold any shares in
treasury.
The application referred to above follows the Company's
announcement on 23 August 2022 of a previous block listing of
1,000,000 shares, of which 48,533 shares remain unallotted. The
Company will continue to make six-monthly announcements of the
utilisation of the block admission, in line with its obligations
under AIM Rule 29.
Ends
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
======================================== ======================
Investec Bank plc (London)
Carlton Nelson, Alex Wright +44 (0) 20 7597 5970
ABN Amro (Amsterdam)
Richard van Etten, Dennis van Helmond +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(R) wood and
Tricoya(R) 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(R) 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(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. Primary
applications for Accoya(R) 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(R) acetylated wood elements are produced for use in the
fabrication of panel products such as medium density fibreboard
(MDF). Panel products made with Tricoya(R) 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(R) , Tricoya(R) 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(R) registered brand trademark, from
Tricoya Technologies Limited, a subsidiary of TWL with exclusive
rights to exploit the Tricoya(R) brand.
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