TIDMAXS

RNS Number : 7409U

Accsys Technologies PLC

03 August 2022

AIM: AXS

Euronext Amsterdam: AXS

ACCSYS TECHNOLOGIES PLC

("Accsys" or the "Company" or "Group")

Directorate Change

Accsys, the fast-growing and eco-friendly company that combines chemistry and technology to create high performance, sustainable wood building products, announces that William Rudge, Finance Director, has decided after 12 years with Accsys to resign from the Company to pursue new opportunities.

In order to ensure an orderly handover, William has agreed to step down by no later than January 2023, consistent with his contractual terms. This date may be bought forward by mutual agreement and the Board will make further announcements as appropriate.

A search for William's successor is underway, in the meantime he will remain focused on the success of the Company in delivering its strategy, together with ensuring the effective transition of his responsibilities.

Stephen Odell, Non-Executive Chairman of Accsys, commented :

"I would like to thank Will on behalf of the Board for his 12 years of service to Accsys in which he has contributed meaningfully to development of our Company. During this time Will has been integral to the expansion of our business which has significantly increased production and more recently, he has effectively managed finances of the business through the challenges posed by Covid-19 with our business, as we stated at our results in June, set to almost double EBITDA this year."

For further information, please contact:

 
 Accsys, Investor Relations                         ir@accsysplc.com 
  Sarah Ogilvie 
 
   Numis Securities (London)                          +44 (0) 20 7260 
   Oliver Hardy (NOMAD), Ben Stoop                    1000 
 
   Investec Bank plc (London)                         +44 (0) 20 7597 
   Carlton Nelson, Alex Wright                        5970 
 
   ABN AMRO (Amsterdam) 
   Richard van Etten, Dennis van Helmond              +31 20 344 2000 
 FTI Consulting (London)                            +44 (0) 20 3727 
  Matthew O'Keeffe, Alex Le May, Cally Billimore     1340 
                                                     Accsys@fticonsulting.com 
 Off the Grid (Amsterdam) 
  Frank Neervoort, Yvonne Derske                      +31 681 734 236

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOADZGGRKFMGZZG

(END) Dow Jones Newswires

August 03, 2022 02:00 ET (06:00 GMT)

Accsys Technologies (AQSE:AXS.GB)
Historical Stock Chart
From Jan 2025 to Feb 2025 Click Here for more Accsys Technologies Charts.
Accsys Technologies (AQSE:AXS.GB)
Historical Stock Chart
From Feb 2024 to Feb 2025 Click Here for more Accsys Technologies Charts.