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ACCSYS TECHNOLOGIES PLC Major Shareholding Notification 2010

Feb 12, 2010

7461_iss_2010-02-12_b33b7588-36f7-42dc-a8b0-b0077298b277.pdf

Major Shareholding Notification

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Regulatory Announcement

TIDM AXS

Company Accsys Technologies PLC

Headline

Released 12 February 2010

Number

AIM: AXS NYSE Euronext Amsterdam: AXS

12 February 2010

ACCSYS TECHNOLOGIES PLC

("Accsys" or " the Company")

Notifiable Interest

Following completion of the Company's €16.9m fundraising, the Company announces that it received the following notification from FIL Limited (formerly known as Fidelity International Limited) on 11 February 2010:

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
Other (please specify):
Participation in Subscription for New Ordinary Shares issued by the Company
3. Full name of person(s) subject to the
notification obligation: iii
FIL Limited
4. Full name of shareholder(s)
(if different from 3.):iv
* See below
5. Date of the transaction and date on
which the threshold is crossed or
v
reached:
10 February 2010
6. Date on which issuer notified: 11 February 2010
7. Threshold(s) that is/are crossed or
reached: vi, vii
5%
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of
shares
Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
if possible using
the ISIN CODE
Number
Number
of
of
Number
of shares
Number of voting
rights
% of voting rights x
Shares Voting
Rights
Indirect Direct xi Indirect xii Direct Indirect
GB00B0LMC530 0 0 11,580,900 11,580,900 5.77
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
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
date xvii Expiration
Exercise/
Conversion
period xviii
Number of voting rights
xx
instrument refers to
% of voting rights xix,
Nominal Delta
Total (A+B+C)
Number of voting rights Percentage of voting rights
11,580,900 5.77
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
See attached schedule
Proxy Voting:
10. Name of the proxy holder: FIL Limited
11. Number of voting rights proxy holder will acquire to hold: 11,580,900
12. Date on which proxy holder will acquire to hold voting rights: 10 February 2010
13. Additional information: Participation in Subscription for New Ordinary Shares
issued by the Company

*

SHARES NOMINEE MANAGEMENT
HELD COMPANY
FIL Limited (FIL) is the parent 11,011,700 BROWN BROS HARRIMN LTD LUX FIL
holding company for various 569,200 BROWN BROTHERS HARRIMAN AND CO FIJ
direct and indirect
subsidiaries, including FIL
Fund Management Limited
(FFML), FIL Investment
Services Ltd (FISL), FIL
Gestion (FIGEST), FIL Asset
Management (Korea) Limited
(FIAKL), FIL Investments
Management (Hong Kong)
Limited (FIMHK), FIL Pension
Management (FPM), Fidelity
Investments Japan (FIJ) and
FIL Investments International
(FII), investment managers
for various non-US
investment companies and
institutional clients.

Ends

For further information, please contact:

Accsys Technologies PLC Paul Clegg, CEO
Kevin Wood, CFO
+44 208 150 8835
Matrix Corporate Capital
LLP
Stephen Mischler
Anu Tayal
+44 20 3206 7000
Threadneedle
Communications
Graham Herring
Josh Royston
[email protected]
k
[email protected]
+44 20 7653 9850
Citigate First Financial B.V. Wouter van de Putte
Menno Delken
+ 31 20 575 4080