11 April 2017
accesso® Technology Group plc
("accesso" or the "Company")
Director's Dealing and Exercise of Options
accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment and cultural markets, announces that on 11 April 2017 Rockspring, a Company in which David Gammon, a Non-Executive Director of accesso, is a director and shareholder, exercised options (the "Options") over 40,000 ordinary shares of 1 penny each in the Company at a price of 156p per share. The Options were issued pursuant to the Company's Lo-Q Director's Non Approved Share Scheme under the Company's existing block listing.
After exercise of the Options, Rockspring's total resultant shareholding is 88,000 shares of 1 penny each in the Company and Rockspring's residual option holding has reduced to options over 40,000 shares of 1 penny each in the Company.
Following the issue of shares to Rockspring the Company will have a total of 22,414,180 ordinary shares of 1p each in issue. This figure 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. The Company does not hold any shares in treasury.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the transaction:
1
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Details of the person discharging managerial responsibilities / person closely associated |
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a)
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Name
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David Gammon
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2
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Reason for the notification |
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a)
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Position/status
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Non-Executive Director |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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accesso Technology Group plc |
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b)
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LEI
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n/a |
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares of 1p each in the Company
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Identification code
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GB0001771426 |
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b)
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Nature of the transaction
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Exercise of Options |
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c)
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Price(s) and volume(s) |
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Price(s) pence |
Volume(s) |
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156 |
40,000 |
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d)
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Aggregated information |
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- Aggregated volume |
40,000 Ordinary Shares |
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- Price |
156 pence per share |
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e)
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Date of the transaction
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11/04/2017 |
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f)
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Place of the transaction
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London Stock Exchange (XLON), Alternative Investment Market (AIM) |
For further information, please contact:
accesso Technology Group plc |
+44 (0)118 934 7400 |
Tom Burnet, Executive Chairman |
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John Alder, Chief Financial Officer |
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FTI Consulting, LLP |
+44 (0)20 3727 1000 |
Matt Dixon, Adam Davidson |
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Canaccord Genuity Limited |
+44 (0)20 7523 8000 |
Simon Bridges, Martin Davison |
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Numis Securities Limited |
+44 (0)20 7260 1000 |
Simon Willis, Mark Lander |
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About accesso Technology Group
accesso (AIM: ACSO) is the premier technology solutions provider to leisure, entertainment and cultural markets. Our patented and award-winning technology solutions drive increased revenue for attraction operators while improving the guest experience.
Our solutions add value to operators at every point of the guest experience with our technology facilitating the key points of contact with their many millions of guests.
We drive attendance
The accesso Passport® and accesso ShoWareSM ticketing suites are comprehensive, easy-to-use cloud solutions that process tens of millions of tickets every year for assigned seat and general admission venues, enabling operators to maximize up-sell and cross-sell with ease to drive greater revenue.
We handle payments
Our payment gateway carries level 1 PCI security certification and 24/7 support. It provides the tools, security and support operators need to drive sales and has so far processed more than $5 billion in transactions.
We take guests out of line
Since 2001 more than 11 million guests have used a patented accesso LoQueue solution to queue less, ride more, enjoy a better experience and increase in-attraction spend.
We simplify point-of-sale
Our accesso SiriuswareSM point-of-sale solution offers software modules that combine ticketing, membership, retail, food/beverage transactions, rentals, credit card processing and many other functions into a single system eliminating the need for separate systems and databases.
More than 1,000 attractions and venues worldwide currently employ accesso technology - from theme parks, water parks, cultural attractions, live performance venues and sporting events to ski and snow parks. We are proud that the majority of the leading names in the leisure industry including Six Flags Entertainment, Cedar Fair Entertainment, Merlin Entertainments, International Speedway Corporation, Palace Entertainment, Compagnie des Alpes and Herschend Family Entertainment, trust our solutions.
accesso is a public company, listed on AIM: a market operated by the London Stock Exchange. For more information visit: www.accesso.com.