Grant of Awards to Directors

RNS Number : 7853L

Accesso Technology Group PLC

08 July 2014

 



8 July 2014

accesso^® Technology Group plc

("accesso" or the "Company")

Grant of Awards to Directors under Long-Term Incentive Plan

accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to the global attractions and leisure industry today announces that, on 8 July 2014, the Company granted the following conditional share awards (the "Awards") over ordinary shares of 1 penny each of the Company (the "Ordinary Shares") to certain Directors of the Company under the accesso Technology Group 2014 Long Term Incentive Plan ("LTIP"), which was approved by shareholders on 27 May 2014.

The Awards have been granted at a share price of 528.25p per Ordinary Share, being the average closing price of the Ordinary Shares over the last 30 days to 4 July 2014.

Director Name	Number of Ordinary Shares subject to LTIP Award	Market value of Shares at the date of the Award (£)	Number of Conditional Shares held following the Award	Number of Ordinary Shares beneficially  interested in	Approximate % of total shareholding beneficially interested in
Tom Burnet	45,395	239,800	45,395	853,818*	4.19%*
John Alder	29,818	157,513	29,818	6,612	0.03%
Steve (Stephen) Brown	32,027	169,182	32,027	1,133,916	5.56%

(* held in joint ownership with Lo-Q Employee Benefit Trust)

The Awards will vest three years from the date of grant and are required to be held for a further six months. The Awards are subject to certain performance conditions relating to the achievement of compound share price growth rates over the vesting period.

No consideration will be paid for the conditional shares upon their vesting and the issue of the Awards will be subject to the related performance criteria.

For further information, please contact:

accesso Technology Group plc	[phone]
Tom Burnet, Chief Executive Officer
FTI Consulting, LLP	[phone]
Matt Dixon, Lucy Delaney, Jessica Liebmann
Canaccord Genuity Limited	[phone]
Simon Bridges, Cameron Duncan, Brendan Gulston
Numis Securities Limited	[phone]
Etienne Bottari, Simon Willis, Mark Lander

accesso® Technology Group: about us

accesso (AIM: ACSO) is the premier technology solutions provider to the global attractions and leisure industry. Our patented and award-winning solutions drive increased revenue for attraction operators by significantly improving the most important part of an attraction visit: the guest experience.  Our solutions add value to operators at every point in the guest journey:

·      We drive attendance

The accesso Passport^® ticketing suite is a comprehensive, easy-to-use cloud solution that processes many millions of ticket and season passes every year, enabling operators to maximise up-sell and cross-sell with ease to drive greater revenue.

·      We handle payments

Our payment gateway carries level 1 PCI security certification and 24/7 support.  It provides the tools, security and support operators need to drive sales and has so far processed more than $5 billion in transactions.

·      We take guests out of line

Since 2001 over nine million guests have used a patented accesso LoQueue^SM solution to queue less, ride more, enjoy a better experience and increase their in-attraction spend.

·      We simplify point-of-sale

We offer a comprehensive point-of-sale solution through software modules combine ticketing, membership, retail, food/beverage transactions, rentals, credit card processing and many other functions into in a single system eliminating the need for separate systems and databases.

·      We increase engagement

accesso enables operators to engage more deeply and profitably with guests: pre-sale, in-attraction or post-visit.  Our mobile apps have provided more than 2.75 million people with rich iOS and Android content to better plan their visit, buy their ticket on-the-go and unlock new experiences within an attraction. 

Over 400 attractions worldwide currently employ accesso technology - from theme parks, to water parks, cultural attractions and sporting events ski and snow parks.  We are proud that our solutions are trusted by the majority of the leading names in the leisure industry, including Six Flags Entertainment, Cedar Fair Entertainment, Merlin Entertainments, International Speedway Corporation, Palace Entertainment, Compagnie des Alpes, and Herschend Family Entertainment.

accesso is a public company, listed on AIM: a market operated by the London Stock Exchange.

For more information visit www.accesso.com 

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