TIDMAXS

RNS Number : 6604M

Accsys Technologies PLC

15 September 2023

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      Accsys Technologies plc 
 rights 
 are attached (ii) : 
                                                                                           --------------------------- 
 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 obligation (iv) 
 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         Naarden, The Netherlands 
 office (if applicable) 
                                       ------------------------------------------------------------------------------------- 
 5. Date on which the threshold was     12/09/2023 
 crossed or reached (vi) : 
                                       ------------------------------------------------------------------------------------- 
 6. Date on which issuer notified       14/09/2023 
 (DD/MM/YYYY): 
                                       ------------------------------------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                  % of voting rights     % of voting rights    Total of both in   Total number of voting rights of issuer 
                  attached to shares     through financial      % (8.A + 8.B)     (vii) 
                    (total of 8. A)         instruments 
                                         (total of 8.B 1 + 
                                               8.B 2) 
                 --------------------  ---------------------  -----------------  ------------------------------------------- 
 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% 
                 --------------------  ---------------------  -----------------  ------------------------------------------- 
 8. Notified details of the resulting situation on the date on which the threshold was crossed 
  or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of    Number of voting rights (ix)                 % of voting rights 
  shares 
                        Direct                Indirect                         Direct                         Indirect 
                  (Art 9 of Directive   (Art 10 of Directive      (Art 9 of Directive 2004/109/EC)      (Art 10 of Directive 
                     2004/109/EC)           2004/109/EC)                      (DTR5.1)                      2004/109/EC) 
                       (DTR5.1)              (DTR5.2.1)                                                      (DTR5.2.1) 
                                       --------------------- 
 GB00BQQFX454         24,250,000                                             11.015000% 
                 --------------------  ---------------------  ---------------------------------------  --------------------- 
 
 
 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          Expiration            Exercise/              Number of voting rights that may be      % of voting rights 
  financial        date (x)             Conversion Period      acquired if the instrument is 
  instrument                            (xi)                   exercised/converted. 
                 --------------------  ---------------------  ---------------------------------------  --------------------- 
 
 
 
                                        SUBTOTAL 8. B 1 
                                       ---------------------  ---------------------------------------  --------------------- 
 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         Expiration             Exercise/              Physical or cash   Number of voting      % of voting rights 
  financial       date (x)              Conversion Period      settlement (xii)   rights 
  instrument                            (xi) 
                ---------------------  ---------------------  -----------------  -------------------- 
 
 
 
                                                               SUBTOTAL 8.B.2 
                                                              -----------------  -------------------- 
 
 
 
 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                      X 
 person or legal 
 entity and does not control any other undertaking(s) holding directly or 
 indirectly an interest 
 in the (underlying) issuer(xiii) 
 Full chain of controlled undertakings through which the voting rights and/or the 
 financial instruments are effectively held starting with the ultimate controlling 
 natural 
 person or legal entity(xiv) (please add additional rows as necessary) 
 Name (xv)   % of voting rights if it equals       % of voting rights through       Total of both if it equals or is 
             or is higher than the notifiable     financial instruments if it          higher than the notifiable 
                        threshold                 equals or is higher than the                  threshold 
                                                           notifiable 
                                                           threshold 
            ---------------------------------  ---------------------------------  ------------------------------------ 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                               ----------------------------------------------------------------------- 
 The number and % of voting rights held 
                                               ----------------------------------------------------------------------- 
 The date until which the voting rights will 
 be held 
                                               ----------------------------------------------------------------------- 
 11. Additional information (xvi) 
 
 
 
 
 Place of      Amsterdam, The Netherlands 
  completion 
 Date of       14 September 2023 
  completion 
              --------------------------- 
 

Ends

For further information, please contact:

 
 Accsys Technologies PLC 
  Katharine Rycroft, Head of Investor 
  Relations                                +44 (0) 7783 776080 
========================================  ====================== 
 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 
========================================  ====================== 
 Huijskens Sassen Communications (The 
  Netherlands) 
  Clemens Sassen                            +31 20 685 5955 
========================================  ====================== 
 

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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END

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September 15, 2023 10:54 ET (14:54 GMT)

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