TIDMAXS
RNS Number : 4238Z
Accsys Technologies PLC
17 September 2015
AIM: AXS
NYSE Euronext Amsterdam: AXS
17 September 2015
ACCSYS TECHNOLOGIES PLC
("Accsys" or "the Company")
Result of Annual General Meeting
The Board of Accsys Technologies PLC announces that its Annual
General Meeting was held at 2.30 p.m. (UK time) on the 17 September
2015. All resolutions, as set out in the Notice of Annual General
Meeting, dated 21 August 2015 were duly passed.
The final proxy voting position is shown below. Any proxy votes
which are at the discretion of the Chairman have been included in
the "For" total.
No. Resolutions For Against Vote Withheld % Vote
(Please refer to Notice Cast For
of Meeting for full text)
---- ------------------------------------- ------------ ---------- -------------- ----------
Ordinary Resolutions
---- ------------------------------------- ------------ ---------- -------------- ----------
To receive and adopt the
audited financial statements
for the financial year
ended 31 March 2015, together
with the reports of the
1 Directors and auditors 30,771,509 300,000 - 99.0%
---- ------------------------------------- ------------ ---------- -------------- ----------
To approve the Directors'
Remuneration Report for
the financial year ended
31 March 2015 (excluding
2 the Remuneration Policy) 28,749,080 6,400 2,316,029 99.9%
---- ------------------------------------- ------------ ---------- -------------- ----------
To approve an increase
to the aggregate of fees
payable to the Chairman
and Non-Executive Directors
in any year, as provided
for in a revised Directors'
3 Remuneration Policy 30,763,367 306,400 1,742 99.0%
---- ------------------------------------- ------------ ---------- -------------- ----------
To re-elect Susan Jane
Mair (known as Sue Farr)
4 as a Director of the Company 31,069,109 - 2,400 100.0%
---- ------------------------------------- ------------ ---------- -------------- ----------
To re-elect Michael Sean
Christie as a Director
5 of the Company 31,071,509 - - 100.0%
---- ------------------------------------- ------------ ---------- -------------- ----------
To re-elect William Bickerton
Rudge as a Director of
6 the Company 30,935,689 4,000 131,820 99.9%
---- ------------------------------------- ------------ ---------- -------------- ----------
To re-appoint PricewaterhouseCoopers
LLP as auditors of the
7 Company 31,065,109 6,400 - 99.9%
---- ------------------------------------- ------------ ---------- -------------- ----------
To authorise the Directors
to determine the auditors'
8 remuneration 31,065,109 6,400 - 99.9%
---- ------------------------------------- ------------ ---------- -------------- ----------
To authorise the Directors
9 to allot shares generally 30,762,647 307,120 1,742 99.0%
---- ------------------------------------- ------------ ---------- -------------- ----------
Special Resolutions
---- ------------------------------------- ------------ ---------- -------------- ----------
To empower the Directors
to allot shares for cash
(other than pro rata to
10 existing shareholders) 28,700,142 2,367,225 4,142 92.4%
---- ------------------------------------- ------------ ---------- -------------- ----------
To authorise the Company
to make market purchases
11 of its own ordinary shares 28,007,310 3,061,799 2,400 90.1%
---- ------------------------------------- ------------ ---------- -------------- ----------
Ends
For further information, please contact:
Accsys Technologies Paul Clegg, CEO via MHP Communications
PLC Hans Pauli, COO
Will Rudge, FD
Nominated Adviser: Oliver
Cardigan
Corporate Broking: Christopher
Wilkinson +44 (0) 20 7260
Numis Securities Ben Stoop 1000
Tim Rowntree
James White +44 (0) 20 3128
MHP Communications Tess Harris 8100
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, an American office in Dallas,
Texas (via its subsidiary Titan Wood, Inc) and technology licencing
associated with the acetylation of wood elements via its subsidiary
Tricoya Technologies Limited. 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 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 wholly owned subsidiary of TWL 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
RAGPKODDQBKDBCD
(END) Dow Jones Newswires
September 17, 2015 10:17 ET (14:17 GMT)
Accsys Technologies (LSE:AXS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Accsys Technologies (LSE:AXS)
Historical Stock Chart
From Apr 2023 to Apr 2024
