Grant of Awards to Directors

RNS Number : 3630K

Accesso Technology Group PLC

16 April 2015

 

16 April 2015

accesso^® Technology Group plc

("accesso" or the "Company")

Grant of Awards to Directors under the Long Term Incentive Plan

accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment and cultural markets today announces that, on 15 April 2015, the Company granted the following conditional share awards (the "Awards") over ordinary shares of 1 penny each of the Company (the "Ordinary Shares") to certain Directors of the Company under the accesso Technology Group 2014 Long Term Incentive Plan ("LTIP"), approved by shareholders on 27 May 2014.

The Awards have been granted at a share price of 568.34p per Ordinary Share, being the average closing price of the Ordinary Shares over the last 30 days to 14 April 2015.

Director Name	Number of Ordinary Shares subject to LTIP Award	Market value of Ordinary Shares at the date of the Award (£)	Number of Conditional Shares held following the Award	Number of Ordinary Shares beneficially  interested in	Approximate % of total shareholding beneficially interested in
Tom Burnet	47,805	266,513	93,200	853,818*	3.89%
John Alder	42,127	234,858	71,945	6,612	0.03%
Steve Brown	42,463	236,731	74,490	1,133,916	5.17%

(* held in joint ownership with Lo-Q Employee Benefit Trust)

The Awards will vest three years from the date of grant and are required to be held for a further six months. The Awards are subject to certain performance conditions relating to the achievement of compound share price growth rates over the vesting period.

No consideration will be paid for the conditional shares upon their vesting and the issue of the Awards will be subject to the related performance criteria.

 For further information, please contact:

accesso Technology Group plc	[phone]
Tom Burnet, Chief Executive Officer
John Alder, Chief Financial Officer
FTI Consulting, LLP	[phone]
Matt Dixon, Lucy Delaney, Adam Davidson
Canaccord Genuity Limited	[phone]
Simon Bridges, Cameron Duncan
Numis Securities Limited	[phone]
Etienne Bottari, Simon Willis, Mark Lander

accesso^® Technology Group: about us

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 whilst 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 ShoWare™ ticketing suites are comprehensive, easy-to-use cloud solutions that process tens 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 over ten million guests have used a patented accesso LoQueue^SM solution to queue less, ride more, enjoy a better experience and increase in-attraction spend.

·      We simplify point-of-sale

Our Siriusware^® 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.

·      We increase engagement

accesso enables operators to engage more deeply and profitably with guests: pre-sale, in-attraction or post-visit.  Our mobile apps have provided millions of guests with rich iOS and Android content to better plan their visit, buy their ticket on-the-go and unlock new experiences within an attraction. 

More than 900 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 our solutions are trusted by 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.

accesso is a public company, listed on AIM: a market operated by the London Stock Exchange. For more information visit: www.accesso.com. 

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