Block Listing Application to AIM

RNS Number : 9627W

Accsys Technologies PLC

23 August 2022

 

  AIM: AXS

                                                                                                            Euronext Amsterdam: AXS

ACCSYS TECHNOLOGIES PLC

("Accsys" or the "Company" or "Group")

Block Listing Application to AIM

Accsys, the fast-growing and eco-friendly company that combines chemistry and technology to create high performance, sustainable wood building products announces that application has been made to the London Stock Exchange for a block listing of 1,000,000 ordinary shares of €0.05 each in the Company ("New Ordinary Shares").

The block listing will be used to issue shares over time in connection with the Company's share plans, including satisfying outstanding options already issued under the 2013 LTIP plan, issued to the Company's Employee Benefit Trust in relation to employee share awards or the Company's Deferred Bonus Scheme . The New Ordinary Shares issued and admitted to trading under the block admission will rank equally with the existing Shares.

The New Ordinary Shares are expected to be admitted to trading on AIM on 24 August 2022. The Company does not hold any shares in treasury.

The Company will make six-monthly announcements of the utilisation of the block admission, in line with its obligations under AIM Rule 29.

Ends

For further information, please contact:

Accsys, Investor Relations   Sarah Ogilvie	[e-mail]
Numis Securities (London) Oliver Hardy (NOMAD), Ben Stoop	[phone]
Investec Bank plc (London) Carlton Nelson, Alex Wright ABN AMRO (Amsterdam) Richard van Etten, Astrid Paeper	[phone] [phone]
FTI Consulting (London) Matthew O'Keeffe, Alex Le May, Cally Billimore	[phone] [e-mail]
Off the Grid (Amsterdam) Frank Neervoort, Yvonne Derske	[phone]

 

END

 

 

BLRSESFDDEESEDA