AIM: AXS
Euronext Amsterdam:
AXS
24
September 2024
Accsys Technologies
PLC
("Accsys", the
"Group" or the "Company")
Appointment of Chief Financial
Officer
Accsys, the world's leading supplier
of premium, high performance and sustainable wood building
materials is pleased to announce that
Sameet Vohra has been appointed Chief Financial Officer and a
member of the Board of Accsys, with effect from 30 September
2024.
Sameet has more than 25 years'
experience in finance, with over 20 years' experience working in UK
listed PLCs primarily across manufacturing, engineering, and
natural resources. He has a broad skillset and strengths gained in
senior finance leadership roles including strategy execution,
performance improvement, M&A, IT, risk management,
transformation programme leadership and financial
management.
Sameet most recently served as CFO
of Sureserve Group PLC and has previously held positions including
CFO of Science Group PLC, Group Director of Finance at Spectris PLC
and Group Financial Controller at TT Electronics PLC. He qualified
as a chartered accountant with KPMG and is a member of the
Institute of Chartered Accountants in England and Wales.
Hans Pauli, currently serving as
Interim Chief Financial Officer and a member of the Board of
Accsys, will step down from these roles on 30 September 2024 and
take the position of managing director of the Arnhem
plant.
Dr
Jelena Arsic van Os, CEO Accsys Technologies PLC,
commented:
"I
am very pleased to welcome Sameet to Accsys. With a proven track
record as a CFO of publicly listed companies, he brings a wealth of
experience in accelerating growth and enhancing business
performance. Sameet is joining us at an exciting and transformative
time for the Company with the new US plant now open and our FOCUS
strategy being rolled out. I would also like to express my
gratitude to Hans Pauli for his consistent professional support and
adaptability during his time as interim CFO."
The
following disclosures are required regarding Sameet Vohra's
appointment pursuant to Schedule 2 paragraph (g) and Rule 17 of the
AIM Rules for Companies:
Full name: Sameet Vohra
Age: 50 years
Current Directorships: The Grange
Wraylands Drive Reigate Limited
Directorships held in the past five
years: Arbed AM Byth Limited, Precision Lift Services Limited,
Sureserve Group Limited, Sureserve Compliance Services Limited,
Sureserve Energy Services Limited, Smart Metering Limited, Bury
Metering Services Limited, Sureserve Holdings Limited, Aaron
Services Limited, Sure Maintenance Limited, Sureserve Design &
Build Limited, Sureserve Asset Services Limited, H2O Nationwide
Limited, Providor Limited, K & T Heating Services Limited,
Sureserve Fire And Electrical Limited, Just Energy Solutions
Limited, Sureserve VGS Limited, Vinshire Gas Services Limited,
Everwarm Ltd, Corenergy Limited, OTM Consulting Ltd, Frontier Smart
Technologies Limited, Technology Sciences Group Consulting Limited,
Oakland Innovation Limited, Quadro Harston Limited, Science Group
PLC, Sagentia Limited, Quadro Epsom Limited, Leatherhead Research
Limited and TSGE Deutschland GmBH.
In addition, Sameet Vohra was a
director of the following companies (subsidiaries of Science Group
PLC) in the past five years which were voluntarily struck-off after
he had resigned as a director and left the Science Group PLC group:
SG Bidco Ltd, Technology Sciences Group Limited and Frontier
Microsystems Limited.
Sameet Vohra was a director of the
following companies (subsidiaries of TT Electronics PLC) when they
were put into members voluntary liquidation: AB Microelectronics
Limited, TTG Electronics Limited, AB Electronic Assemblies Limited,
Vactite Limited, Northumbria Circuits Limited, C & S Hogarth
Limited and Cable Realisations Limited.
There are no other matters in
relation to the appointment of Sameet Vohra which are required to
be disclosed in accordance with the AIM Rules for
Companies.
Ends
Enquiries:
Investor Relations / Analysts:
ir@accsysplc.com
Media: Clemens Sassen,
Tessa Nelissen, Huijskens Sassen Communications (NL)
+31 (0) 20 68
55 955
Deutsche Numis (London):
Oliver Hardy (NOMAD), Ben Stoop
+44
(0) 20 7260 1000
ABN
Amro (Amsterdam): Richard van
Etten, Dennis van Helmond
+31 20 344 2000
Notes to editors:
Accsys (Accsys Technologies
PLC) is a fast-growing business with a purpose: changing wood to
change the world. The company combines chemistry, technology and
ingenuity to make Accoya® wood and Tricoya®
wood elements: high performance wood products that are
extremely durable and stable, opening new opportunities for the
built environment and giving the world a choice to build
sustainably. Accsys transforms fast-growing, certified sustainable
wood into building materials with an up to 50-year warranty,
locking carbon stored in the wood into useful products for decades,
with performance characteristics that match or better those of
non-renewable, resource-depleting and polluting alternatives.
Accsys is listed on the London Stock Exchange AIM market and on
Euronext Amsterdam, under the symbols 'AXS'.
Accsys is a Participant of the
United Nations Global Compact and adheres to its principles-based
approach to responsible business.
Visit www.accsysplc.com
Accoya® solid wood
is sustainable, durable, and stable with exceptional performance,
finish and sustainability. Accsys' proprietary acetylation process
makes the wood more dimensionally stable and because it is no
longer easily digestible, extremely durable. It is one of very few
building materials to be Cradle to Cradle Certified™ at the Gold
level, with a Platinum rating for Material Health, confirming that
no harmful or toxic additives or chemicals are present to leach out
into the environment. Primary applications for Accoya®
wood include windows, doors, cladding and decking, where the
combination of performance and sustainability benefits compete
favorably against hardwoods, plastics, metals and concrete.
Visit www.accoya.com
Tricoya® acetylated
wood elements are produced for use in the fabrication of panel
products such as medium density fibreboard (MDF). Panel products
made with Tricoya® wood elements are truly durable and
stable enough for use outdoors and in wet environments, unlocking
new possibilities for design and construction. They have been
lauded as the first major innovation in the wood composites
industry in more than 30 years and bring the flexibility of
traditional panel products and sustainability benefits of wood to a
whole new range of applications. Visit www.tricoya.com
Any references in this announcement
to agreements with Accsys shall mean agreements with either Accsys
or its subsidiary entities unless otherwise specified. 'Accsys' and
'Accsys Technologies' are trading names of Titan Wood Limited
("TWL"), a wholly-owned subsidiary of Accsys Technologies PLC.
Accoya®,
Tricoya® and the Trimarque
Device are registered trademarks owned by TWL, and may not be used
or reproduced without written permission from TWL, or in the case
of the Tricoya® registered brand
trademark, from Tricoya Technologies Limited, a subsidiary of TWL
with exclusive rights to exploit the Tricoya®
brand.