Board Change & Directors' Dea

RNS Number : 2127U

Accsys Technologies PLC

12 May 2008

 



12th May 2008    

AIM: AXS

NYSE Euronext Amsterdam: AXS

Accsys Technologies PLC 

('Accsys' or 'the Company')

Directors' Interests

The Company announces that Stefan P. Allesch-Taylor has stepped down from its Board. Mr Allesch-Taylor has been a Non-Executive Director of the Company since 2005.

Willy Paterson-Brown, Executive Chairman of Accsys commented, 'I would like to thank Stefan for his help and support over the past three years, a period which has seen significant growth for the Company. We wish him well with all his future endeavours'.

The Company was advised on 9th May, 2008, that a trust, which held a majority of the issued share capital of MacNiven and Cameron Equity Holdings Limited had been dissolved.  MacNiven and Cameron Equity Holdings Limited held 20,000,000 shares in the Company and three directors, Messrs Allesch-Taylor, T Paterson-Brown and W Paterson-Brown were discretionary beneficiaries of that trust.  Accordingly, these directors had previously disclosed their beneficial interest in these shares, which now falls away. MacNiven and Cameron Equity Holdings Limited hold no shares in the Company.

On the same date, the following Non-Executive Director advised the Company that he now had the following beneficial interests:

T Paterson-Brown     2,500,000 Ordinary shares

The current interests of the Directors in the shares of the Company are summarized below:

Director	Direct holdings	Beneficial interest	Share options
W Paterson-Brown	2,000,000	3,000,000	3,440,000
G Campbell	100,000	-	-
F Morrison	-	-	1,000,000
T Paterson-Brown	-	2,500,000	-
Lord Sanderson	11,095	-	-
G Thomas	618	-	1,480,000

As previously announced, the Company was advised on 29th March, 2008, that on 28th March, 2008, the following director of Accsys dealt in the Company's ordinary shares as follows:

William Paterson-Brown, Executive Chairman of the Company, purchased 2,000,000 (two million) ordinary shares in the Company at a price of €2.20 each, for an aggregate amount of €4,400,000.

Ends

For further information, please contact:

Accsys Technologies PLC	William Paterson-Brown,  Executive Chairman	[phone] [phone]
Collins Stewart Europe Limited	Tim Mickley	[phone]
Parkgreen Communications	Justine Howarth / Ana Ribeiro	[phone]
Citigate First Financial B.V.	Wouter van de Putte / Laurens Goverse	+ 31 (0) 20 575 4080

 

END

 

 

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