ACCESSO TECHNOLOGY GROUP PLC

Remuneration Information • Feb 16, 2018

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RNS Number : 0720F

Accesso Technology Group PLC

16 February 2018

16 February 2018

accesso® Technology Group plc

("accesso" or the "Company")

Grant of Awards to Directors under the Long Term Incentive Plan

accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment, hospitality, attractions and cultural markets, today announces that on 16 February 2018, the Company granted the following conditional share awards (the "Awards") over ordinary shares of 1 penny each of the Company (the "Ordinary Shares") to Tom Burnet (Executive Chairman) and John Alder (Chief Financial Officer) under the accesso Technology Group 2014 Long Term Incentive Plan ("LTIP"), approved by shareholders on 23 May 2017.

Name	Number of Ordinary Shares potentially subject to LTIP Award	Number of Conditional Shares held following the Award	Number of Ordinary Shares beneficially interested in	Approximate % of total shareholding beneficially interested in
Tom Burnet	20,416	196,576	426,909	1.62%
John Alder	15,308	146,624*	6,612	0.03%

*excludes 100,000 of vested unexercised options

The Awards are granted using a share price of £21.93 per Ordinary Share, being the average closing price of the Ordinary Shares over the 30 days to 15 February 2018. This award is consistent with previous annual awards to certain Directors of the Company under the LTIP and will vest three years from this date, with a requirement that the Ordinary Shares be held for a further six months thereafter.

The Company also announces today its intention to make an award under the LTIP to Paul Noland upon commencement of his tenure as Chief Executive Officer, due on 9 April 2018. These Awards will be granted using the average closing price of the Ordinary Shares over the 30 days prior to 9 April 2018.

The Awards are subject to the attainment of certain stretching performance conditions relating to the achievement of compound share price growth rates which must be met on the conclusion of the vesting period.

No consideration will be paid for the conditional shares upon their vesting and the issue of the Awards will be subject to the related performance criteria.

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them

1.         Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	TOM BURNET
Reason for the notification
(a)	Position/status	EXECUTIVE CHAIRMAN
(b)	Initial notification/Amendment	INITIAL NOTIFICATION
2.         Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	ACCESSO TECHNOLOGY GROUP PLC
(b)	LEI	213800VY7MXUO7STIN73
3.         Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 1 PENCE EACH ISIN: GB0001771426
(b)	Nature of the transaction	GRANT OF AWARDS MADE UNDER THE 2014 ACCESSO TECHNOLOGY GROUP PLC 2014 LONG TERM INCENTIVE PLAN ("LTIP")
(c)	Price(s) and volume(s)	Price(s) £21.93	Volume(s)  20,416
(d)	Aggregated information -     Aggregated volume -     Price	20,416 £21.93
(e)	Date and time of the transaction	16 February 2018
(f)	Place of the transaction	Outside a trading venue

1.   Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	JOHN ALDER
Reason for the notification
(a)	Position/status	CHIEF FINANCIAL OFFICER
(b)	Initial notification/Amendment	INITIAL NOTIFICATION
2.         Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	ACCESSO TECHNOLOGY GROUP PLC
(b)	LEI	213800VY7MXUO7STIN73
3.         Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 1 PENCE EACH ISIN: GB0001771426
(b)	Nature of the transaction	GRANT OF AWARDS MADE UNDER THE 2014 ACCESSO TECHNOLOGY GROUP PLC 2014 LONG TERM INCENTIVE PLAN ("LTIP")
(c)	Price(s) and volume(s)	Price(s) £21.93	Volume(s)  15,308
(d)	Aggregated information -     Aggregated volume -     Price	15,308 £21.93
(e)	Date and time of the transaction	16 February 2018
(f)	Place of the transaction	Outside a trading venue

For further information, please contact: accesso Technology Group plc	+44 (0)118 934 7400
Tom Burnet, Executive Chairman Steve Brown, Chief Executive Officer John Alder, Chief Financial Officer
FTI Consulting, LLP	+44 (0)20 3727 1000
Matt Dixon, Adam Davidson
Canaccord Genuity Limited	+4 (0)20 7523 8000
Simon Bridges, Martin Davison, Richard Andrews
Numis Securities Limited	+44 (0)20 7260 1000
Simon Willis, Mark Lander

About accesso® Technology Group

At accesso, we believe technology has the power to redefine the guest experience. Our patented and award winning solutions drive increased revenue for attraction operators while improving the guest experience. Currently serving over 1,000 clients in 27 countries around the globe, accesso's solutions help our clients streamline operations, generate increased revenues, improve guest satisfaction and harness the power of data to educate business and marketing decisions.

accesso stands as the leading technology provider of choice for tomorrow's attractions, venues and institutions. We invest heavily in research and development because our industries demand it, our clients benefit from it and it makes a positive impact on the guest experience. Our innovative technology solutions allow venues to increase the volume and range of on-site spending and to drive increased transaction-based revenue through cutting-edge ticketing, point-of-sale, virtual queuing, distribution and experience management software.

Many of our team members come from backgrounds working within the attractions and cultural industry. In this way, we are experienced operators who run a technology company serving attractions operators, versus a technology company that happens to serve the market. Our staff understands the day-to-day operations of managing complex venues and the challenges this creates, and together we strive to provide our clients and their guests with technology that empowers them to do more and enjoy more. From our agile development team to our dedicated client service specialists, every team member knows that their passion, integrity, commitment, teamwork and innovation are what drive our success.

accesso is a public company, listed on AIM: a market operated by the London Stock Exchange.  For more information, visit www.accesso.com.  Follow accesso on  Twitter, LinkedIn and Facebook.

This information is provided by RNS

The company news service from the London Stock Exchange

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