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ACSO Accesso Technology Group Plc

614.00
-4.00 (-0.65%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Accesso Technology Group Plc LSE:ACSO London Ordinary Share GB0001771426 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.00 -0.65% 614.00 612.00 618.00 616.00 616.00 616.00 28,215 16:35:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Cmp Integrated Sys Design 139.73M 10.06M 0.2395 25.72 258.68M

Accesso Technology Group PLC Grant of Awards to Directors under the LTIP (9339Y)

14/05/2019 7:01am

UK Regulatory


Accesso Technology (LSE:ACSO)
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TIDMACSO

RNS Number : 9339Y

Accesso Technology Group PLC

14 May 2019

14 May 2019

accesso(R) Technology Group plc

("accesso" or the "Company")

Grant of Awards to Directors under the Long Term Incentive Plan

accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment, hospitality, attractions and cultural markets, today announces that on 13 May 2019, the Company granted the following conditional share awards (the "Awards") over ordinary shares of 1 penny each of the Company (the "Ordinary Shares") to Paul Noland (Chief Executive Officer) and John Alder (Chief Financial Officer) under the accesso Technology Group 2014 Long Term Incentive Plan ("LTIP"), approved by shareholders on 23 May 2017.

 
      Name           Number of       Total number      Number of Ordinary        Approximate 
                      Ordinary       of conditional    Shares beneficially        % of total 
                   Shares subject     Shares held         interested in            Ordinary 
                      to LTIP          following                              Shares beneficially 
                       Award           the Award                                  interested 
                                                                                      in 
 
   Paul Noland         82,999            115,027              6,000                  0.02% 
                 ----------------  ----------------  ---------------------  --------------------- 
 
    John Alder         46,605            121,644              60,540                 0.22% 
                 ----------------  ----------------  ---------------------  --------------------- 
 

The Awards are granted using a share price of GBP8.52 per Ordinary Share, being the average closing price of the Ordinary Shares over the 30 days to 10 May 2019. This award is consistent with previous annual awards to certain Directors of the Company under the LTIP and will vest three years from this date, with a requirement that the Ordinary Shares be held for a further six months thereafter.

The Awards are subject to the attainment of certain stretching performance conditions relating to the achievement of relative share price growth and achievement of adjusted earnings per share targets, which must be met on the conclusion of the vesting period.

No consideration will be paid for the conditional shares upon their vesting and the issue of the Awards will be subject to the related performance criteria.

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them

 
 1. Details of the person discharging managerial responsibilities/person 
  closely associated 
 (a)     Name                                       PAUL NOLAND 
        -----------------------------------------  ------------------------------------------------- 
 Reason for the notification 
 (a)     Position/status                            CHIEF EXECUTIVE OFFICER 
        -----------------------------------------  ------------------------------------------------- 
 (b)     Initial notification/Amendment             INITIAL NOTIFICATION 
        -----------------------------------------  ------------------------------------------------- 
 2. Details of the issuer, emission allowance market participant, 
  auction platform, auctioneer or auction monitor 
 (a)     Name                                       ACCESSO TECHNOLOGY GROUP PLC 
        -----------------------------------------  ------------------------------------------------- 
 (b)     LEI                                        213800VY7MXUO7STIN73 
        -----------------------------------------  ------------------------------------------------- 
 3. Details of the transaction(s): section to be repeated for 
  (i) each type of instrument; (ii) each type of transaction; (iii) 
  each date; and (iv) each place where transactions have been conducted 
 (a)     Description of the                         ORDINARY SHARES OF 1 PENCE EACH 
          financial instrument, 
          type of instrument 
                                                     ISIN: GB0001771426 
          Identification code 
        -----------------------------------------  ------------------------------------------------- 
 (b)     Nature of the transaction                  GRANT OF AWARDS MADE UNDER THE 2014 ACCESSO 
                                                     TECHNOLOGY GROUP PLC 2014 LONG TERM INCENTIVE 
                                                     PLAN ("LTIP") 
        -----------------------------------------  ------------------------------------------------- 
 (c)     Price(s) and volume(s)                     Price(s)                 Volume(s) 
                                                     GBP8.52                  82,999 
        -----------------------------------------  -----------------------  ------------------------ 
 (d)          Aggregated information 
                *    Aggregated volume                N/A - single transaction 
 
 
                *    Price 
        -----------------------------------------  ------------------------------------------------- 
 (e)     Date and time of the                       13 May 2019 
          transaction 
        -----------------------------------------  ------------------------------------------------- 
 (f)     Place of the transaction                   Outside a trading venue 
        -----------------------------------------  ------------------------------------------------- 
 
 
      1. Details of the person discharging managerial responsibilities/person 
       closely associated 
 (a)     Name                                           JOHN ALDER 
        ---------------------------------------------  ------------------------------------------------- 
 Reason for the notification 
 (a)     Position/status                                CHIEF FINANCIAL OFFICER 
        ---------------------------------------------  ------------------------------------------------- 
 (b)     Initial notification/Amendment                 INITIAL NOTIFICATION 
        ---------------------------------------------  ------------------------------------------------- 
 2. Details of the issuer, emission allowance market participant, 
  auction platform, auctioneer or auction monitor 
 (a)     Name                                           ACCESSO TECHNOLOGY GROUP PLC 
        ---------------------------------------------  ------------------------------------------------- 
 (b)     LEI                                            213800VY7MXUO7STIN73 
        ---------------------------------------------  ------------------------------------------------- 
 3. Details of the transaction(s): section to be repeated for 
  (i) each type of instrument; (ii) each type of transaction; (iii) 
  each date; and (iv) each place where transactions have been conducted 
 (a)     Description of the                             ORDINARY SHARES OF 1 PENCE EACH 
          financial instrument, 
          type of instrument 
                                                         ISIN: GB0001771426 
          Identification code 
        ---------------------------------------------  ------------------------------------------------- 
 (b)     Nature of the transaction                      GRANT OF AWARDS MADE UNDER THE 2014 ACCESSO 
                                                         TECHNOLOGY GROUP PLC 2014 LONG TERM INCENTIVE 
                                                         PLAN ("LTIP") 
        ---------------------------------------------  ------------------------------------------------- 
 (c)     Price(s) and volume(s)                         Price(s)                Volume(s) 
                                                         GBP8.52                 46,605 
        ---------------------------------------------  ----------------------  ------------------------- 
 (d)          Aggregated information 
                *    Aggregated volume                    N/A - single transaction 
 
 
                *    Price 
        ---------------------------------------------  ------------------------------------------------- 
 (e)     Date and time of the                           13 May 2019 
          transaction 
        ---------------------------------------------  ------------------------------------------------- 
 (f)     Place of the transaction                       Outside a trading venue 
        ---------------------------------------------  ------------------------------------------------- 
 

For further information, please contact:

 
 accesso Technology Group plc            +44 (0)118 934 7400 
 Paul Noland, Chief Executive Officer 
 John Alder, Chief Financial Officer 
 Bill Russell, Non-Executive Chairman 
 
 FTI Consulting, LLP                     +44 (0)20 3727 1000 
 Matt Dixon, Adam Davidson 
 
 Canaccord Genuity Limited               +44 (0)20 7523 8000 
 Simon Bridges, Richard Andrews 
 
 Numis Securities Limited                +44 (0)20 7260 1000 
 Simon Willis, Mark Lander 
 

About accesso Technology Group, plc

At accesso, we believe technology has the power to redefine the guest experience. Our patented and award-winning solutions drive increased revenue for attraction operators while improving the guest experience. Currently serving over 1,000 clients in 30 countries around the globe, accesso's solutions help our clients streamline operations, generate increased revenues, improve guest satisfaction and harness the power of data to educate business and marketing decisions.

accesso invests heavily in research and development because our industries demand it, our clients benefit from it and it makes a positive impact on the guest experience.

Our commitment to improving the guest experience and helping our clients increase revenue is the core of our business. Our technology solutions allow venues to increase the volume and range of on- and off-site spending and to drive increased transaction-based revenue through cutting-edge ticketing, point-of-sale, virtual queuing, distribution and experience management software.

Many of our team members come from backgrounds working within the attractions and cultural industry. In this way, we are experienced operators who run a technology company serving attractions operators, versus a technology company that happens to serve the market. Our staff understands the day-to-day operations of managing complex venues and the challenges this creates, and together we strive to provide our clients and their guests with technology that empowers them to do more and enjoy more. From our agile development team to our dedicated client service specialists, every team member knows that their passion, integrity, commitment, teamwork and innovation are what drive our success.

accesso is a public company, listed on AIM: a market operated by the London Stock Exchange. For more information, visit www.accesso.com. Follow accesso on Twitter, LinkedIn and Facebook.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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May 14, 2019 02:01 ET (06:01 GMT)

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