Accsys Technologies : 25/07/2018 - Notifiable Interest - Teslin

Company TIDM

Accsys Technologies PLC AXS

Headline

Notifiable Interest - Teslin Participaties Coöperatief U.A.

Released Number

25 July 2018 7823V

25 July 2018

AIM: AXS

Euronext Amsterdam: AXSACCSYS TECHNOLOGIES PLC

("Accsys" or "the Company")

Notifiable Interest

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii		ACCSYS TECHNOLOGIES PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights			X
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii	Teslin Participaties Coöperatief U.A.
4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v	July 25th, 2018
6. Date on which issuer notified:	July 25th, 2018

7. Threshold(s) that is/are crossed or reached: vi, vii

13.0%

8. Notified details:

A: Voting rights attached to shares viii, ixClass/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transactionNumber of SharesNumber of Voting RightsResulting situation after the triggering transactionNumber of sharesDirectNumber of voting rights

Direct xi

% of voting rights x

Indire ct xiiDirectIndirect

GB00BQQFX454

14,647,548

14,647,548

14,647,548

14,647,548

n.a.

12.42

n.a.%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiratio n date xiii	Exercise/ Conversion Period xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiratio n date xvii	Exercise/ Conversion period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
14,647,548	12.42%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

15. Contact telephone number:

For further information, please contact:Accsys Technologies PLC

Paul Clegg, CEO Will Rudge, FD

via MHP Communications

Hans Pauli, Executive Director, Corporate Development

Numis Securities

Nominated Adviser: Jamie Lillywhite

[phone]

Corporate Broking: Christopher Wilkinson Ben Stoop

MHP Communications

Tim Rowntree Kelsey Traynor

[phone]

Off the Grid (The Netherlands)

Frank Neervoort Yvonne Derkse

[phone] [phone]

Notes to editors:

Accsys Technologies PLC(www.accsysplc.com)is a chemical technology group whose primary focus is on the production of Accoya® wood and Tricoya® wood elements, technology licensing via its subsidiary, Titan Wood Limited, which has manufacturing operations in Arnhem, the Netherlands (through its subsidiary Titan Wood B.V.), a European office in London, United Kingdom, an American office in Dallas, Texas (via its subsidiary Titan Wood, Inc.) and technology licensing associated with the acetylation of wood elements via its subsidiary Tricoya Technologies Limited. Any references in this announcement to agreements with Accsys shall mean agreements with either Accsys or its subsidiary entities unless otherwise specified. Accsys Technologies PLC is listed on the London Stock Exchange AIM market and on Euronext Amsterdam, under the symbols 'AXS'. Accsys' operations comprise four principal business units: (i) Accoya® wood production; (ii) building and operating of Tricoya® wood chip acetylation plant in Hull; (iii) technology development, focused on a programme of continuous development of and improvements to the process engineering and operating protocols for the acetylation of solid wood and the development of technology for the acetylation of wood elements; and (iv) the licensing of technology for the production of Accoya® wood and Tricoya® wood elements across the globe.

Accoya® Wood(www.accoya.com)is produced using Accsys' proprietary patented acetylation technology that effectively converts sustainably grown softwoods and non-durable hardwoods into what is best described as a "high technology wood". Distinguished by its durability, dimensional stability and, perhaps most importantly of all, its reliability (in terms of consistency of both supply and quality), Accoya® wood is particularly suited to exterior applications where performance and appearance are valued. Moreover, the Accoya® wood production process does not compromise the wood's strength or machinability. The combination of dimensional stability, durability and retained strength means that Accoya® wood offers a wealth of new opportunities to architects, designers and specifiers. These benefits result in lower maintenance and total cost of ownership while using a highly sustainable and environmentally responsible building material. For a full archive of Accoya® news, visitwww.accoya.com/news.

Tricoya® Wood Elements(www.tricoya.com)are produced using Accsys' proprietary technology for the acetylation of wood chips and particles for use in the fabrication of panel products such as medium density fibreboard and particle-board. These products demonstrate enhanced durability and dimensional stability which allow them to be used in a variety of applications that were once limited to solid wood or man-made products. Exploitation of Accsys' proprietary technology relating to Tricoya® Wood Elements is carried out through Tricoya Technologies Limited. Tricoya® Wood Elements are lauded as the first major innovation in the wood composites industry in more than 30 years.

Wood Acetylation is a process which increases the amount of naturally occurring 'acetyl' molecules in wood, thereby changing its physical properties. When carried out to a sufficient level throughout the wood, this process protects wood from rot by making it "inedible" to most micro-organisms and fungi, without - unlike conventional treatments - making it toxic. It also greatly reduces the wood's tendency to swell and shrink, making it less prone to cracking and ensuring that, when painted, it requires dramatically reduced maintenance.

Accsys Technologies is the trading name of Titan Wood Limited. Accoya®, Tricoya® and the Trimarque Device are registered trademarks owned by Titan Wood Limited ("TWL"), a wholly owned subsidiary of Accsys Technologies PLC, and may not be used or reproduced without written permission from TWL, or in the case of the Tricoya® registered trademark, from Tricoya Technologies Limited, a subsidiary of TWL with exclusive rights to exploit the Tricoya® brand.