Accsys Technologies PLC
20 August 2007
20th August 2007 AIM: AXS
ACCSYS TO LIST ON EURONEXT AMSTERDAM
Accsys Technologies PLC (''Accsys'' or the 'Company') announces its intention,
with reference to its earlier release dated 28 June 2007, to seek a listing on
Euronext Amsterdam by NYSE Euronext and conduct a share offering. The intended
offering is expected to consist of new ordinary shares offered by the Company
and existing ordinary shares offered by certain Accsys shareholders. It is
expected that the listing will be completed before the end of the year.
Fortis has been appointed Sole Lead Manager and Bookrunner for the intended
transaction.
For further information, please contact:
Accsys Technologies PLC William Paterson-Brown, +44 (0) 20 8144 2510
Chairman & Chief Executive
Parkgreen Communications Justine Howarth +44 (0) 20 7851 7480
Citigate First Financial B.V Frank Jansen +31 (0) 20 5754 024
Information on the Accsys Group of Companies:
Accsys Technologies PLC (www.accsysplc.com) - is an environmental science and
technology company whose primary focus is on the production and licensing of
AccoyaTM via its 100% owned subsidiary, Titan Wood (www.titanwood.com), with
manufacturing operations based in Arnhem, The Netherlands. AccoyaTM,
manufactured through the Company's proprietary acetylation process, exhibits
superior dimensional stability and durability compared with other natural and
treated timber. Accsys is also developing technology to modify wood fibre to
enable future production of a range of panel products.
Accsys' operations comprise three principal business units: (i) the AccoyaTM
production facility located in Arnhem, The Netherlands; (ii) technology
development focused on a programme of continuous improvements to the process
engineering and operating protocols for the acetylation of wood as well as the
development of technology for the acetylation of wood fibre; and (iii) the
licensing of technology for the production of AccoyaTM across the globe.
Accsys Technologies PLC shares are traded on the London Stock Exchange AIM
market under the symbol 'AXS'.
AccoyaTM wood (www.accoya.info) is produced using a patented process that
effectively converts sustainably grown softwoods and non-durable hardwoods into
what is best described as a 'new wood species'. Distinguished by its durability,
dimensional stability and, perhaps most importantly, its reliability (in terms
of consistency of both supply and quality), AccoyaTM wood is particularly suited
to exterior applications where performance and appearance are valued. Unlike
most tropical and European hardwoods, its colour does not degrade when exposed
to ultraviolet light. Moreover, the AccoyaTM wood production process does not
compromise the wood's strength or machinability. The combination of UV
resistance, dimensional stability, durability and retained strength means that
AccoyaTM wood offers a wealth of new opportunities to architects, designers and
specifiers. For marine uses where weight is also important, AccoyaTM wood for
the first time provides boat builders with a wood that is strong and durable,
which retains its natural beauty for far longer, without a dramatic weight
increase.
ACCOYA is a registered trademark owned by Titan Wood Limited
Other information:
Not for release, distribution or publication into or in the United States,
Australia, Canada, or Japan.
This announcement is not an offer to sell or a solicitation of any offer to buy
the Company's securities (the 'Securities') in the United States or in any other
jurisdiction.
The Securities have not been and will not be registered under the US Securities
Act of 1933, as amended (the 'Securities Act') and may not be offered or sold in
the United States unless registered under the Securities Act or an exemption
from such registration is available. No public offering of Securities of the
Company is being made in the United States.
The offer to acquire securities pursuant to the proposed offering will be made,
and any investor should make his investment, solely on the basis of information
that will be contained in the prospectus to be made generally available in The
Netherlands in connection with such offering. When made generally available,
copies of the prospectus may be obtained at no cost from Accsys or Fortis or
through the website of Euronext Amsterdam (Dutch residents only).
This information is provided by RNS
The company news service from the London Stock Exchange