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NIBC acted as Joint Bookrunner and Joint Underwriter in the fully underwritten EUR 46.3m Firm Placing and Open Offer for Accsys Technologies

Corporate News -

NIBC is pleased to announce that Accsys Technologies plc has successfully announced a fully underwritten capital raise of EUR 46.3m by means of a Firm Placing and Open Offer. NIBC acted as Joint Bookrunner and Joint Underwriter.

Accsys Technologies is a fast-growing and eco-friendly company that combines chemistry and technology to create high performance, sustainable wood building products. The proceeds of the raise will be primarily used to further expand existing Accoya facility in Arnhem, Netherlands with a fourth reactor and to complete the new Tricoya Plant in Hull, United Kingdom.

Jean Paul Mannie, Director Equity Capital Markets at NIBC: “We are proud to have supported Accsys Technologies in this important capital raise to support the production expansion for their eco-friendly and sustainable wood building products. NIBC’s longstanding relationship with this client and strong network of major European institutional investors have allowed NIBC to play a vital role in this transaction. We aim to continue to be a trusted partner to Accsys and look forward to the exciting journey ahead.”

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