Accsys Technologies PLC Share purchase by a PCA (8023R)

TIDMAXS

RNS Number : 8023R

Accsys Technologies PLC

04 March 2019

4 March 2019

AIM: AXS

Euronext Amsterdam: AXS

ACCSYS TECHNOLOGIES PLC

("Accsys" or "the Company")

Share purchase by a PCA of a Non-Executive Director

Accsys, the fast growing and sustainable chemical technology group, was notified that, on Friday 1 March 2019 and Monday 4 March 2019, Anthony Christopher Mair who is a person closely associated ("PCA") with Accsys' Non-Executive Director Sue Farr, purchased in total 25,000 ordinary shares of EUR0.05 in the Company ("Shares") at a price of GBP1.15 per Share on 1 March 2019 and GBP1.155 per Share on 4 March 2019.

The following notifications are made under article 19 of the Market Abuse Regulation ("MAR") relating to certain transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them in the shares of the Company.

 
 1.    Details of the person discharging managerial responsibilities / person closely associated 
       Name                                  Anthony Christopher Mair 
      ------------------------------------  -------------------------------------------------------------------------- 
 2.    Reason for the Notification 
      ---------------------------------------------------------------------------------------------------------------- 
       Position/Status                       The notification concerns a person closely associated with a person 
                                             discharging managerial 
                                             responsibilities, being Sue Farr, Non-Executive Director 
      ------------------------------------  -------------------------------------------------------------------------- 
       Initial notification/amendment        Initial notification 
      ------------------------------------  -------------------------------------------------------------------------- 
 3.    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
      ---------------------------------------------------------------------------------------------------------------- 
       Name                                  Accsys Technologies plc 
      ------------------------------------  -------------------------------------------------------------------------- 
       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 
      ---------------------------------------------------------------------------------------------------------------- 
       Description of the Financial          Ordinary shares of EUR0.05 each in Accsys Technologies plc ("Shares") 
       instrument, type of instrument 
      ------------------------------------  -------------------------------------------------------------------------- 
       Identification code                   GB00BQQFX454 
      ------------------------------------  -------------------------------------------------------------------------- 
       Nature of the Transaction             Purchase of Shares 
      ------------------------------------  -------------------------------------------------------------------------- 
       Price(s) and volume(s)                Price(s) GBP                          Volume(s) 
      ------------------------------------  ------------------------------------  ------------------------------------ 
                                             1.15                                  15,000 
 -----------------------------------------  ------------------------------------  ------------------------------------ 
       Aggregated information:               N/A single transaction 
      ------------------------------------  -------------------------------------------------------------------------- 
       Date of the transaction               1 March 2019 
      ------------------------------------  -------------------------------------------------------------------------- 
       Place of the transaction              London Stock Exchange (XLON); AIM Market 
      ------------------------------------  -------------------------------------------------------------------------- 
 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 
      ---------------------------------------------------------------------------------------------------------------- 
       Description of the Financial          Ordinary shares of EUR0.05 each in Accsys Technologies plc ("Shares") 
       instrument, type of instrument 
      ------------------------------------  -------------------------------------------------------------------------- 
       Identification code                   GB00BQQFX454 
      ------------------------------------  -------------------------------------------------------------------------- 
       Nature of the Transaction             Purchase of Shares 
      ------------------------------------  -------------------------------------------------------------------------- 
       Price(s) and volume(s)                Price(s) GBP                          Volume(s) 
      ------------------------------------  ------------------------------------  ------------------------------------ 
                                             1.155                                 10,000 
 -----------------------------------------  ------------------------------------  ------------------------------------ 
  Aggregated information                     N/A single transaction 
 -----------------------------------------  -------------------------------------------------------------------------- 
  Date of the transaction                    4 March 2019 
 -----------------------------------------  -------------------------------------------------------------------------- 
  Place of the transaction                   London Stock Exchange (XLON); AIM Market 
 -----------------------------------------  -------------------------------------------------------------------------- 
 

ACCSYS TECHNOLOGIES PLC

("Accsys" of "de Vennootschap")

Aandelenaankoop door een PCA van een Non-Executive Director

Accsys, de snelgroeiende en duurzame chemische technologie groep, is geinformeerd dat Anthony Christopher Mair, een persoon nauw verbonden ("PCA") met Accsys Non-Executive Director Sue Farr, op vrijdag 1 maart 2019 en maandag 4 maart 2019 in totaal 25.000 gewone aandelen in de Vennootschap ("Aandelen") van EUR 0,05 per aandelen heeft gekocht tegen een prijs van GBP1,15 per aandeel op 1 maart 2019 en GBP1,155 per aandeel op 4 maart 2019.

De onderstaande kennisgevingen worden gedaan op grond van artikel 19 van de Market Abuse Regulation ("MAR") met betrekking tot bepaalde transacties door personen met leidinggevende verantwoordelijkheden ("PDMR") en personen die nauw met hen verbonden zijn, in aandelen van de Vennootschap.

 
 1.    Gegevens over de persoon met leidinggevende verantwoordelijkheden / nauw verbonden persoon 
       Naam                                  Anthony Christopher Mair 
      ------------------------------------  -------------------------------------------------------------------------- 
 2.    Reden voor de kennisgeving 
      ---------------------------------------------------------------------------------------------------------------- 
       Positie/Status                        De kennisgeving betreft een persoon die nauw betrokken is bij een persoon 
                                             met leidinggevende 
                                             verantwoordelijkheden, zijnde Sue Farr, Non-Executive Director 
      ------------------------------------  -------------------------------------------------------------------------- 
       Eerste kennisgeving / wijziging       Eerste kennisgeving 
      ------------------------------------  -------------------------------------------------------------------------- 
 3.    Gegevens van de emittent, deelnemer aan de emissierechtenmarkt, veilingplatform, veilingmeester 
        of veilingmonitor 
      ---------------------------------------------------------------------------------------------------------------- 
       Naam                                  Accsys Technologies plc 
      ------------------------------------  -------------------------------------------------------------------------- 
       LEI                                   213800HKRFK8PNUNV581 
      ------------------------------------  -------------------------------------------------------------------------- 
 4.    Details van de transactie (s): sectie die moet worden herhaald voor (i) elk type instrument; 
        (ii) elk type transactie; (iii) elke datum; en (iv) elke plaats waar transacties zijn uitgevoerd 
      ---------------------------------------------------------------------------------------------------------------- 
       Beschrijving van het                  Gewone aandelen van elk EUR 0,05 in Accsys Technologies plc ("aandelen") 
       financiële instrument, type 
       instrument 
      ------------------------------------  -------------------------------------------------------------------------- 
       Identificatiecode                     GB00BQQFX454 
      ------------------------------------  -------------------------------------------------------------------------- 
       Aard van de transactie                Aankoop van aandelen 
      ------------------------------------  -------------------------------------------------------------------------- 
       Prijs en volume                       Prijs GBP                             Volume 

      ------------------------------------  ------------------------------------  ------------------------------------ 
                                             1,15                                  15.000 
 -----------------------------------------  ------------------------------------  ------------------------------------ 
       Geaggregeerde informatie              Niet toepasbaar 
      ------------------------------------  -------------------------------------------------------------------------- 
       Datum van de transactie               1 maart 2019 
      ------------------------------------  -------------------------------------------------------------------------- 
       Plaats van de transactie              London Stock Exchange (XLON); AIM Market 
      ------------------------------------  -------------------------------------------------------------------------- 
 4.    Details van de transactie (s): sectie die moet worden herhaald voor (i) elk type instrument; 
        (ii) elk type transactie; (iii) elke datum; en (iv) elke plaats waar transacties zijn uitgevoerd 
      ---------------------------------------------------------------------------------------------------------------- 
       Beschrijving van het                  Gewone aandelen van elk EUR 0,05 in Accsys Technologies plc ("aandelen") 
       financiële instrument, type 
       instrument 
      ------------------------------------  -------------------------------------------------------------------------- 
       Identificatiecode                     GB00BQQFX454 
      ------------------------------------  -------------------------------------------------------------------------- 
       Aard van de transactie                Aankoop van aandelen 
      ------------------------------------  -------------------------------------------------------------------------- 
       Prijs en volume                       Prijs GBP                             Volume 
      ------------------------------------  ------------------------------------  ------------------------------------ 
                                             1,155                                 10.000 
 -----------------------------------------  ------------------------------------  ------------------------------------ 
  Geaggregeerde informatie                   Niet toepasbaar 
 -----------------------------------------  -------------------------------------------------------------------------- 
  Datum van de transactie                    4 maart 2019 
 -----------------------------------------  -------------------------------------------------------------------------- 
  Plaats van de transactie                   London Stock Exchange (XLON); AIM Market 
 -----------------------------------------  -------------------------------------------------------------------------- 
 

- Ends -

For further information, please contact:

 
 Accsys Technologies    Paul Clegg, CEO                        via MHP Communications 
  PLC                    Will Rudge, FD 
                        Nominated Adviser: Jamie Lillywhite 
                         Corporate Broking: Christopher 
                         Wilkinson                             [phone] 
 Numis Securities        Ben Stoop                              1000 
                        Tim Rowntree                           [phone] 
 MHP Communications      Kelsey Traynor                         8100 
                                                               [phone] 
                                                                236 
 Off the Grid           Frank Neervoort                         [phone] 
  (The Netherlands)      Yvonne Derske                          666 
 

Notes to editors:

Accsys Technologies PLC (www.accsysplc.com) is a chemical technology group whose primary focus is on the production of Accoya(R) wood and Tricoya(R) wood elements, technology licensing via its subsidiary, Titan Wood Limited, which has manufacturing operations in Arnhem, the Netherlands (through its subsidiary Titan Wood B.V.), a European office in London, United Kingdom, an American office in Dallas, Texas (via its subsidiary Titan Wood, Inc.) and technology licensing associated with the acetylation of wood elements via its subsidiary Tricoya Technologies Limited. 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'. Accsys' operations comprise four principal business units: (i) Accoya(R) wood production; (ii) building and operating of Tricoya(R) wood chip acetylation plant in Hull; (iii) technology development, focused on a programme of continuous development of and improvements to the process engineering and operating protocols for the acetylation of solid wood and the development of technology for the acetylation of wood elements; and (iv) the licensing of technology for the production of Accoya(R) wood and Tricoya(R) wood elements across the globe.

Accoya(R) Wood (www.accoya.com) is produced using Accsys' proprietary patented acetylation technology that effectively converts sustainably grown softwoods and non-durable hardwoods into what is best described as a "high technology wood". Distinguished by its durability, dimensional stability and, perhaps most importantly of all, its reliability (in terms of consistency of both supply and quality), Accoya(R) wood is particularly suited to exterior applications where performance and appearance are valued. Moreover, the Accoya(R) wood production process does not compromise the wood's strength or machinability. The combination of dimensional stability, durability and retained strength means that Accoya(R) wood offers a wealth of new opportunities to architects, designers and specifiers. These benefits result in lower maintenance and total cost of ownership while using a higher sustainable and environmental responsible building material. For a full archive of Accoya(R) news, visit www.accoya.com/news.

Tricoya(R) 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 and particle-board. These products demonstrate enhanced durability and dimensional stability which allow them to be used in a variety of applications that were once limited to solid wood or man-made products. Exploitation of Accsys' proprietary technology relating to Tricoya(R) Wood Elements is carried out through Tricoya Technologies Limited. Tricoya(R) Wood Elements are lauded as the first major innovation in the wood composites industry in more than 30 years.

Wood Acetylation is a process which increases the amount of 'acetyl' molecules in wood, thereby changing its physical properties. When carried out to a sufficient level throughout the wood, this process protects wood from rot by making it "inedible" to most micro-organisms and fungi, without - unlike conventional treatments - making it toxic. It also greatly reduces the wood's tendency to swell and shrink, making it less prone to cracking and ensuring that, when painted, it requires dramatically reduced maintenance.

Accsys Technologies is the trading name of Titan Wood Limited. ACCOYA(R) , TRICOYA(R) and the Trimarque Device are registered trademarks owned by Titan Wood Limited ("TWL"), a wholly owned subsidiary of Accsys Technologies PLC, and may not be used or reproduced without written permission from TWL, or in the case of the Tricoya(R) registered trademark, from Tricoya Technologies Limited, a subsidiary of TWL with exclusive rights to exploit the Tricoya(R) brand.

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 [e-mail] or visit www.rns.com.

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March 04, 2019 12:31 ET (17:31 GMT)