Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ACCSYS TECHNOLOGIES PLC Share Issue/Capital Change 2009

Jul 1, 2009

7461_iss_2009-07-01_e0f77b48-0fe1-4730-884f-2610fb7eb6ee.pdf

Share Issue/Capital Change

Open in viewer

Opens in your device viewer

1 st July 2009

AIM: AXS NYSE Euronext Amsterdam: AXS

Accsys Technologies PLC ("Accsys" or "the Company")

Issue of Ordinary Shares and Total Voting Rights

Accsys announces that 700,000 new ordinary shares have been issued and allotted to GEM Global Yield Fund Limited ("GEM"), at a price of €0.753, raising a total of €527,100. The share issue is in accordance with the terms of the agreement with GEM announced in March 2009 (the "Agreement") and partially draws on the €20m line of credit secured thereunder.

Accordingly, application has been made for the 700,000 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 1 July 2009.

The new ordinary shares will rank pari passu with the existing ordinary shares of the Company.

In connection with the GEM drawdown, Accsys has also issued warrants to subscribe for a total of 3,120,000 new ordinary shares. The warrants will be exercisable for a period of three years from 30 June 2009 at an exercise price of €1.00 per share.

In conformity with 5.6.1 of the Disclosure and Transparency Rules, the Company notifies the market of the following:

The issued share capital of the Company consists of 156,370,302 ordinary shares of €0.01 each with voting rights. No ordinary shares are held in treasury.

The above figure of 156,370,302 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 FSA's Disclosure and Transparency Rules.

-ENDS-

For further information, please contact:

Accsys Technologies William Paterson-Brown, +44 20 8150 8835
PLC Executive Chairman
Matrix Corporate
Capital LLP
Stephen Mischler
Anu Tayal
+44 20 3206 7000
Threadneedle
Communications
Graham Herring
Josh Royston
[email protected]
[email protected]
+44 20 7653 9850
Citigate First Financial
B.V.
Wouter van de Putte
Laurens Goverse
+ 31 20 575 4080