Regulatory Announcement
Company | Accsys Technologies PLC |
TIDM | AXS |
Headline | Notifiable Interest |
Released | 24 January 2012 |
Number | 0696W10 |
("Accsys" or "the Company")
Notifiable Interest
The Company announces that it received the following notification on 23 January 2012
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | Accsys Technologies plc |
2 Reason for the notification (please tick the appropriate box or boxes): | |
An acquisition or disposal of voting rights | X |
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | |
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | |
An event changing the breakdown of voting rights | |
Other (please specify): | |
3. Full name of person(s) subject to the notification obligation: iii | Invesco Limited |
4. Full name of shareholder(s) (if different from 3.):iv | |
5. Date of the transaction and date on which the threshold is crossed or reached: v | 19 January 2012 |
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6. Date on which issuer notified: | 20 January 2012 |
7. Threshold(s) that is/are crossed or reached: vi, vii | 5%, 4% |
8. Notified details: | |||||||
A: Voting rights attached to shares viii, ix | |||||||
Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
Class/type of shares if possible using the ISIN CODE | Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights x | ||
Class/type of shares if possible using the ISIN CODE | Number of Shares | Number of Voting Rights | Direct | xi Direct | xii Indirect | Direct | Indirect |
Ord Euro 0.01 GB00B0LMC530 | 20,375,048 | 20,375,048 | 19,703,857 | 4.87% |
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||
Resulting situation after the triggering transaction | ||||||
Type of financial instrument | Exercise price | Expiration date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |
Nominal | Delta | |||||
Total (A+B+C) | |
Number of voting rights | Percentage of voting rights |
19,703,857 | 4.87% |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxiBank of New York - 13,586,752
Bank of New York Mellon (LU) - 6,117,105
Proxy Voting: | |
10. Name of the proxy holder: | |
11. Number of voting rights proxy holder will cease to hold: | |
12. Date on which proxy holder will cease to hold voting rights: |
13. Additional information: | Total Share Capital figure used for above calculation 403,885,811 |
14. Contact name: | Sam Edwards |
15. Contact telephone number: | 01491 416381 |
Annex: Notification of major interests in sharesxxii
A: Identity of the persons or legal entity subject to the notification obligation | |
Full name (including legal form of legal entities) | |
Contact address (registered office for legal entities) | |
Phone number & email |
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Other useful information
(at least legal representative for legal persons)
B: Identity of the notifier, if applicable | |
Full name | Invesco Limited |
Contact address | Registered address: 30 Finsbury Square, London. EC2A 1AG |
Phone number & email | 020 7638 0731 |
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) |
via Citigate Dewe
Rogerson
Numis Securities Nominated Adviser: Oliver CardiganCorporate Broking: Christopher Wilkinson
Ben Stoop
+44 (0)20 7260 1000
Citigate Dewe Rogerson Ginny Pulbrook Malcolm Robertson Suzanne Bakker+44 20 7282 2945
+44 20 7282 2867
+31 20 575 4023
Notes to Editors:Accsys Technologies PLC ( www.accsysplc.com) is an environmental science and technology company whose primary focus is on the production of Accoya® wood and technology licensing via its 100% owned subsidiary, Titan Wood Limited (trading as Accsys Technologies), which has manufacturing operations in Arnhem, the Netherlands, a European office in Windsor and an American office in Dallas, Texas. 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) the Accoya® wood production facility; (ii) technology development, focused on a programme of continuous development and improvements to the process engineering and operating protocols for the acetylation of wood which are currently under
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development and the development of technology for the acetylation of wood elements; and (iii) the licensing of technology for the production of Accoya® wood and Tricoya® wood elements across the globe.
Wood Acetylation is a process which increases the amount of 'acetyl' molecules in wood, thereby changing its physical properties. The 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.
Accoya® wood (www.accoya.com) is
produced using Accsys' proprietary patented process, 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® wood is
particularly suited to exterior applications where
performance and appearance are valued. Unlike most tropical
and temperate hardwoods, its colour does not degrade when
exposed to ultraviolet light. Moreover, the
Accoya® 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® wood offers a wealth of new
opportunities to architects, designers and specifiers. For
marine uses where weight is also important,
Accoya® wood for the first time provides boat
builders with a wood that is strong, lightweight, durable and
retains its natural beauty for far longer. For a full archive
of Accoya® news, visit
www.accoya.com/news.asp.
Tricoya ® Wood Elements
( www.tricoya.com)
are produced using Accsys' proprietary technology for the
acetylation of wood chips and particles and are used 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. Tricoya® Wood Elements are
lauded as the first major innovation in the wood composites
industry in more than 30 years.
For an archive of news, visit www.accoya.com/newsor www.accsysplc.com/news
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distribué par | Ce noodl a été diffusé par Accsys Technologies plc et initialement mise en ligne sur le site http://www.accsysplc.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-24 11:59:26 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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24/01/2012 - Notifiable interest - Invesco |