TIDMAXS
RNS Number : 2538Y
Accsys Technologies PLC
28 November 2014
AIM: AXS
NYSE Euronext Amsterdam: AXS
28 November 2014
ACCSYS TECHNOLOGIES PLC
("Accsys" or the "Company")
BOARD APPOINTMENTS
Accsys, the chemical technology group, is delighted to announce
the appointment of Sue Farr and Sean Christie as Non-Executive
Directors of the Company with effect from 27 November 2014.
Sue Farr is a highly experienced marketing and communications
professional and has been part of the executive management team at
Chime Communications plc since 2003. Prior to that, she was Europe
MD of leading PR firm, Golin Harris, the BBC's first ever Director
of Marketing and Communications, and Director of Corporate Affairs
for Thames Television.
She is also a Non-Executive Director of Dairy Crest Group plc
and Millennium & Copthorne Hotels plc, a former Non-Executive
Director of Motivcom plc and a former Trustee of the Historic Royal
Palaces from 2007-2013.
Sue has been Chairman of both the Marketing Group of Great
Britain and The Marketing Society. She was voted Advertising Woman
of the Year in 1997 and awarded an Honorary Doctorate by the
University of Bedfordshire in 2010.
Sean Christie is currently Group Finance Director of Croda
International plc, a global manufacturer of speciality chemicals.
He is a Non-Executive Director of Applied Graphene Materials plc
and Eminate Limited, a wholly owned subsidiary of The University of
Nottingham.
Prior to joining Croda in 2006, Sean was Group Finance Director
of Northern Foods plc. He also served as a Non-Executive Director
of KCOM Group plc until 2007 and of Cherry Valley Farms Limited
until its sale in 2010.
Sean is also a Fellow of both the Chartered Institute of
Management Accountants and the Association of Corporate Treasurers.
He has extensive knowledge of all aspects of finance and strategy
in major businesses and is an experienced Audit Committee
Chairman.
Both Sue and Sean have also been appointed to both the
Nomination and Remuneration Committee and Audit Committee of the
Company, with Sean Christie taking over the Chair of the Audit
Committee with immediate effect.
Accsys' Chairman, Patrick Shanley commented:
"I am delighted to welcome Sue and Sean to the Board. Their
appointments add strength and diversity to our current Board of
Directors. The fact that we have been able to attract individuals
of Sue and Sean's calibre to the Company speaks volumes about what
Accsys has achieved recently and the potential of our business. I
look forward to working alongside them and have no doubt they will
add significant value to the Company."
The following disclosures are required regarding Mrs Farr and Mr
Christie's appointments pursuant to Schedule 2 paragraph (g) of the
AIM Rules for Companies:
Director's Full Name, Current Directorships Directorships within
Age and Previous Names the last 5 years
--------------------------- ----------------------------- -----------------------
Susan Jane Mair, age Millennium & Copthorne Motivcom plc
58 (born Fairburn, Hotels plc
changed to Farr on
first marriage and
Mair on second marriage).
--------------------------- ----------------------------- -----------------------
Dairy Crest Group X and Y Communications
plc Limited
--------------------------- ----------------------------- -----------------------
Michael Sean Christie, Croda International Cherry Valley Farms
age 57 plc
--------------------------- ----------------------------- -----------------------
Applied Graphene Materials The Nickerson Group
plc Rothwell Limited
--------------------------- ----------------------------- -----------------------
Eminate Limited
--------------------------- ----------------------------- -----------------------
Cowick Hall Trustees
Limited
--------------------------- ----------------------------- -----------------------
Croda Enterprises
Limited
--------------------------- ----------------------------- -----------------------
Croda Europe Limited
--------------------------- ----------------------------- -----------------------
Croda World Traders
Limited
--------------------------- ----------------------------- -----------------------
Croda Polymers International
Limited
--------------------------- ----------------------------- -----------------------
Croda Overseas Holdings
Limited
--------------------------- ----------------------------- -----------------------
Uniqema Limited
--------------------------- ----------------------------- -----------------------
Croda Investments
Limited
--------------------------- ----------------------------- -----------------------
Croda Investments
No 2 Limited
--------------------------- ----------------------------- -----------------------
J D Horizons Limited
--------------------------- ----------------------------- -----------------------
There are no further disclosures required to be made in respect
of the appointments under Schedule 2(g) of the AIM Rules for
Companies.
Ends
For further information, please contact:
Accsys Technologies Paul Clegg, CEO via Blytheweigh
PLC Hans Pauli, COO
Will Rudge, FD
Nominated Adviser: Oliver
Cardigan
Corporate Broking: Christopher
Wilkinson +44 (0) 20 7260
Numis Securities Ben Stoop 1000
+44 (0) 20 7138
3204
+44 (0) 7989 129
658
Paul Weigh +44 (0) 7989 394
Blytheweigh Alex Shilov 027
Frank Neervoort +31 681 734 236
Off the Grid (The Netherlands) Giedo Van Der Zwan +31 624 212 238
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 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 Windsor, United Kingdom, and an American office in
Dallas, Texas (via its subsidiary Titan Wood, Inc). All group
subsidiaries are ultimately 100% owned by Accsys and trade as
Accsys Technologies. 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 by NYSE Euronext, under the symbols
'AXS'. Accsys' operations comprise three principal business units:
(i) Accoya(R) wood production; (ii) 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 (iii) 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.
Unlike most tropical and European hardwoods, its colour does not
degrade when exposed to ultraviolet light. Moreover, the Accoya(R)
wood production process does not compromise the wood's strength or
machinability. The combination of UV resistance, 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.asp.
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 wood based composites,
including panel products. These composites 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, a joint venture between Accsys and INEOS
Industries Holdings 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 joint venture between TWL and INEOS Industries Holdings
Limited with exclusive rights to exploit the Tricoya(R) brand.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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