TIDMAXS

RNS Number : 2723G

Accsys Technologies PLC

28 February 2018

28 February 2018 AIM: AXS

Euronext Amsterdam: AXS

ACCSYS TECHNOLOGIES PLC

("Accsys" or "the Company")

Total Voting Rights

Further to the recent announcement of the issue of 143,511 ordinary shares of EUR0.05 each in the capital of the Company issued to an ex-employee, and pursuant to 5.6.1 of the Disclosure and Transparency Rules, the Company notifies the market of the following:

The issued share capital of the Company now consists of 111,513,145 ordinary shares of EUR0.05 each with voting rights. No ordinary shares are held in treasury.

The above figure of 111,513,145 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules. This figure replaces and supersedes any figure previously announced.

ACCSYS TECHNOLOGIES PLC

("Accsys" of "de Vennootschap")

Totaal aantal stemrechten

Naar aanleiding van de recente aankondiging van de uitgifte van 143.511 gewone aandelen in het vermogen van de Vennootschap van EUR 0,05 per aandeel aan een voormalig medewerker en in naleving van 5.6.1 van de Disclosure and Transparency Rules, informeert de Vennootschap de markt over het volgende:

Het uitgegeven aandelenkapitaal van de Vennootschap bestaat thans uit 111.513.145 gewone stemgerechtigde aandelen van EUR 0,05 per aandeel. Er is geen sprake van ingekochte eigen aandelen.

Het is aandeelhouders toegestaan het bovengenoemde getal van 111.513.145 gewone aandelen te gebruiken als deler bij berekeningen voor het bepalen van de noodzaak om hun belang, of een verandering in hun belang, in de Vennootschap te melden onder de Disclosure and Transparency Rules van de FCA. Dit getal vervangt alle eerder aangekondigde getallen.

Ends

For further information, please contact:

 
 Accsys Technologies    Paul Clegg, CEO                       via MHP Communications 
  PLC                    Will Rudge, FD 
                         Hans Pauli, Executive Director, 
                         Corporate Development 
                        Nominated Adviser: Oliver Cardigan 
                         Jamie Lillywhite 
                         Corporate Broking: Christopher 
                         Wilkinson                            +44 (0) 20 7260 
 Numis Securities        Ben Stoop                             1000 
                        Tim Rowntree                          +44 (0) 20 3128 
 MHP Communications      Kelsey Traynor                        8100 
                                                              +31 681 734 
                                                               236 
 Off the Grid           Frank Neervoort                        +31 222 379 
  (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 company news service from the London Stock Exchange

END

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