ACCESSO TECHNOLOGY GROUP PLC

Share Issue/Capital Change • Jan 4, 2019

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RNS Number : 2948M

Accesso Technology Group PLC

04 January 2019

4 January 2019

accesso® Technology Group plc

("accesso" or the "Company")

Issue of Equity

Pursuant to the announcement relating to the acquisition of TE2 which was published on 12 July 2017, application has now been made to AIM for the admission of 140,381 new ordinary shares of 1 penny each in the Company ("Ordinary Shares"). This application relates to the first deferred consideration payment to the founders and certain senior management of TE2 ("Founder Consideration Shares"). Including this issuance of shares, a total of US$9.5 million Founder Consideration Shares is expected to be issued during the three-year vesting schedule, from the date of the acquisition, subject to these parties' continued employment at the Company.

The Founder Consideration Shares will rank pari passu with the existing Ordinary Shares of the Company. Admission of the Founder Consideration Shares is expected to take place on 10 January 2019.

Immediately following Admission, the Company's issued share capital will consist of 27,258,376 Ordinary Shares, with no Ordinary Shares held in Treasury. Therefore, the total number of voting rights in the Company immediately following Admission will be 27,258,376. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information, please contact:

accesso Technology Group plc	+44 (0)118 934 7400
Tom Burnet, Executive Chairman
Paul Noland, Chief Executive Officer
John Alder, Chief Financial Officer
FTI Consulting, LLP	+44 (0)20 3727 1000
Matt Dixon, Adam Davidson
Canaccord Genuity Limited	+44 (0)20 7523 8000
Simon Bridges, Richard Andrews
Numis Securities Limited	+44 (0)20 7260 1000
Simon Willis, Mark Lander

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