Director's Dealing and Holding in Company

RNS Number : 0539Y

Accesso Technology Group PLC

12 May 2016

 

12 May 2016

accesso^® Technology Group plc

("accesso" or the "Company")

Director's Dealing and Holding in Company

accesso Technology Group plc (AIM: ACSO) announces that it was notified on 11 May 2016 that Mrs Henrieheta Sim, the wife of Mr Leonard Sim, a former Director of the Company, sold a total of 433,940 ordinary shares of 1 penny each in the Company ("Ordinary Shares") during the period from 15 March 2016 to 1 April 2016 through her private client broker, as detailed below:

Date	Ordinary Shares sold	Price per share
15 March 2016	25,000	£9.500
16 March 2016	25,000	£9.900
17 March 2016	111,480	£9.890
24 March 2016	5,000	£9.900
31 March 2016	50,000	£9.850
01 April 2016	110,000	£9.840
01 April 2016	107,460	£9.865

As a consequence of the above trades, the announcements made by the Company on 5 April 2016 and 6 April 2016 incorrectly stated Mr Sim's total beneficial interest. Mr Sim's total beneficial interest following completion of the block placing announced on 6 April 2016 (the "Placing") was in fact 809,635 Ordinary Shares, representing approximately 3.65% of the total issued share capital of the Company. Mr Sim and his family have not disposed of any shares since the Placing and their holdings remain bound by the undertaking by Mr Sim not to dispose of any further accesso shares for a period of 365 days following completion of the Placing.

For further information, please contact:

accesso Technology Group plc	[phone]
Tom Burnet, Chief Executive Officer
John Alder, Chief Financial Officer
Canaccord Genuity Limited	[phone]
Simon Bridges, Cameron Duncan Kit Stephenson (ECM)
Numis Securities Limited	[phone]
Simon Willis, Mark Lander
FTI Consulting, LLP	[phone]
Matt Dixon, Adam Davidson

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 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

The accesso LoQueue virtual queuing solutions allow guests to reduce the amount of time waiting for park attractions by electronically holding their place in line, so they can spend more time enjoying all the venue has to offer.

·      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.

·      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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