Accsys Technologies PLC Director/PDMR Shareholding

RNS Number : 9211C

Accsys Technologies PLC

04 September 2024

 

AIM: AXS

Euronext Amsterdam: AXS

 

4 September 2024

 

Accsys Technologies PLC

("Accsys", the "Group" or the "Company")

 

Director Interests

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Jelena Arsic van Os
2.	Reason for the notification
a)	Position / status	Chief Executive Officer
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer
a)	Name	Accsys Technologies PLC
b)	LEI	213800HKRFK8PNUNV581
4.	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 financial instrument, type of instrument	Ordinary Shares of €0.05 each
b)	Identification code	ISIN:  GB00BQQFX454
c)	Nature of the transaction	(1) Acquisition of Shares pursuant to the Vesting of an award under the Company's Deferred Bonus Plan ; (2) Sale of Shares acquired to satisfy tax and social security liabilities
d)	Price(s) and volume(s)	Price(s) Volume(s) Acquisition of Shares N/A 112,480 Sale of Shares £0.51 53,991
e)	Aggregated information -  Volume -  Price	N/A
f)	Date of the transaction	3 September 2024
g)	Place of the transaction	Outside of a trading venue

 

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Hans Pauli
2.	Reason for the notification
a)	Position / status	Interim Chief Financial Officer
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer
a)	Name	Accsys Technologies PLC
b)	LEI	213800HKRFK8PNUNV581
4.	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 financial instrument, type of instrument	Ordinary Shares of €0.05 each
b)	Identification code	ISIN:  GB00BQQFX454
c)	Nature of the transaction	(1) Acquisition of Shares pursuant to the Vesting of an award under the Company's Deferred Bonus Plan ; (2) Sale of Shares acquired to satisfy tax and social security liabilities
d)	Price(s) and volume(s)	Price(s) Volume(s) Acquisition of Shares N/A 43,138 Sale of Shares £0.51 21,354
e)	Aggregated information -  Volume -  Price	N/A
f)	Date of the transaction	3 September 2024
g)	Place of the transaction	Outside of a trading venue

 

Ends

Enquiries:

Investor Relations / Analysts:                                                                                                       [e-mail]

 

Media:  Clemens Sassen, Tessa Nelissen, Huijskens Sassen Communications (NL)                   [phone]

 

Deutsche Numis (London):  Oliver Hardy (NOMAD), Ben Stoop                                                [phone]

 

ABN Amro (Amsterdam):  Richard van Etten, Dennis van Helmond                                           [phone]

 

 

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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