Rutgers & Posch advised Accsys Technologies, a chemical technology company, on its accelerated bookbuild offering to institutional investors of €20 million. Numis Securities, Investec Bank and ABN AMRO Bank, acted as joint bookrunners. The admission to listing and trading of the new shares on Euronext Amsterdam and to trading on the Alternative Investment Market in London took place on 30 May 2022.
The proceeds of the offering will be used to strengthen the Accsys’ balance sheet, increase liquidity headroom and fund additional costs to complete the Arnhem Plant Reactor 4 capacity expansion.
Rutgers & Posch acted alongside Slaughter and May as legal counsel to Accsys Technologies. The Rutgers & Posch team consisted of Matthijs van den Broek, Bas Visée and Qury van Vliet.