Investors

Last Updat­ed 19 Novem­ber 2020.

acces­so Tech­nol­o­gy Group plc (the Com­pa­ny) is an AIM list­ed com­pa­ny (AIM: ACSO). We have active sub­sidiary com­pa­nies in sev­er­al coun­tries includ­ing the USA and Cana­da and gen­er­ate our rev­enue from tick­et­ing, mobile and eCom­merce tech­nolo­gies and vir­tu­al queu­ing solu­tions for the leisure, enter­tain­ment and cul­tur­al mar­kets. Our patent­ed and award-win­ning tech­nol­o­gy solu­tions dri­ve increased rev­enue for attrac­tion oper­a­tors whilst improv­ing the guest experience.

Board of Directors

Bill Russell

Bill Rus­sell

Non-Exec­u­tive Chairman

Bill Rus­sell joined acces­so as the Non-exec­u­tive Chair­man in March 2019, to lead the board and help dri­ve the short and long-term growth strat­e­gy for the com­pa­ny. Rus­sell also cur­rent­ly serves as the Non-exec­u­tive Chair­man of PROS Hold­ings Inc., which pro­vides AI-pow­ered solu­tions that opti­mize sell­ing in the dig­i­tal econ­o­my, and as the Non-exec­u­tive Chair­man of Pik­sel, an online video man­age­ment solu­tions provider. He is also a mem­ber of the Board of Direc­tors at The Uni­ver­si­ty of Edin­burgh USA Devel­op­ment Trust and B.T. Mancini 

In the past Rus­sell has served on the boards of SABA Soft­ware, web­Meth­ods and Cog­nos, and has also served in a vari­ety of roles on the boards of sev­er­al pri­vate tech­nol­o­gy com­pa­nies in a career span­ning sev­er­al decades. He is a Board Lead­er­ship Fel­low with the Nation­al Asso­ci­a­tion of Cor­po­rate Direc­tors (NACD), demon­strat­ing a com­mit­ment to the high­est stan­dards of board­room excellence. 

Rus­sell brings 23 years of career expe­ri­ence from a num­ber of senior man­age­ment roles at Hewlett Packard, includ­ing Vice Pres­i­dent and Gen­er­al Man­ag­er of Hewlett Packard’s mul­ti-bil­lion-dol­lar Enter­prise Sys­tems Group and its Soft­ware Solu­tions Group. 

He holds a B.Sc. degree in Com­put­er Sci­ence from Edin­burgh Uni­ver­si­ty and is based in Sil­i­con Val­ley, CA

Steve Brown

Steve Brown

Chief Exec­u­tive Officer

As Chief Exec­u­tive Offi­cer at acces­so, Steve Brown leads the day-to-day oper­a­tions of the company.

Like many attrac­tions indus­try vet­er­ans, Brown’s ear­ly theme park career began dur­ing col­lege as an hourly employ­ee at the Walt Dis­ney World Resort in Orlan­do. After a break to pur­sue his MBA, he returned to Dis­ney where he held a vari­ety of roles with increas­ing respon­si­bil­i­ty in finan­cial plan­ning and pric­ing strat­e­gy includ­ing devel­op­ment of revised mul­ti-day admis­sion offer­ings to incor­po­rate the open­ing of Disney’s Ani­mal King­dom. In 1999, Brown was named Direc­tor, Walt Dis­ney World Tick­et­ing where he led all aspects of the Resort’s tick­et­ing process across its nine gat­ed attrac­tions includ­ing pric­ing strat­e­gy, ful­fill­ment oper­a­tions, train­ing and finan­cial management.

In 2002 he was named Vice Pres­i­dent, Rev­enue Man­age­ment for the Dis­ney­land Resort in Ana­heim, Cal­i­for­nia. Brown suc­cess­ful­ly drove dra­mat­ic growth in park admis­sions and hotel rev­enues through sig­nif­i­cant changes to strate­gic and pro­mo­tion­al pric­ing, the intro­duc­tion of new tick­et options and by lever­ag­ing tech­nol­o­gy to expand sales dis­tri­b­u­tion chan­nels. In this broad based exec­u­tive role, he held pri­ma­ry finan­cial account­abil­i­ty for the Resort’s hotel and tick­et rev­enues, led all pro­mo­tion­al and strate­gic pric­ing efforts, and man­aged the atten­dance fore­cast­ing and vis­i­ta­tion research func­tions. In 2005 his role was expand­ed to encom­pass line-of-busi­ness respon­si­bil­i­ty for the Dis­ney­land Annu­al Passh­old­er pro­gram includ­ing acqui­si­tion and renew­al mar­ket­ing, passh­old­er expe­ri­ence opti­miza­tion, CRM and pric­ing strat­e­gy. Brown’s con­tri­bu­tions were key to the Dis­ney­land Resort’s 2005 – 2006 record finan­cial per­for­mance dur­ing the cel­e­bra­tion of the land­mark attraction’s 50th anniversary.

Pri­or to join­ing acces­so, Brown served as the cor­po­rate Vice Pres­i­dent of Tick­et Strat­e­gy and Sales for Six Flags. While at Six Flags, he led a 220 per­son sales force respon­si­ble for dri­ving near­ly 35% of the company’s admis­sions rev­enue. Brown cham­pi­oned an over­haul of the company’s eCom­merce process, which dou­bled the already sig­nif­i­cant online sales and estab­lished Six Flags’ nation­al part­ner­ships with major dis­trib­u­tors includ­ing Expe­dia, Trav­e­loc­i­ty, Best Buy Reward Zone and Cost­co. He led a com­pre­hen­sive, research based review of the company’s tick­et pric­ing and devel­oped the strate­gic plan for 2007 price adjust­ments across the company’s North Amer­i­can theme parks and water parks. The imple­men­ta­tion of this plan con­tributed sig­nif­i­cant­ly to 2007 atten­dance growth and the company’s pos­i­tive cash flow results for the first time in its history.

Brown received his MBA from the Goizue­ta Busi­ness School at Emory Uni­ver­si­ty in Atlanta and grad­u­at­ed with a BS in Mar­ket­ing from the Uni­ver­si­ty of South Flori­da in Tampa.

Fern MacDonald

Fern Mac­Don­ald

Chief Finan­cial Officer

As Chief Finan­cial Offi­cer, Fern Mac­Don­ald pro­vides lead­er­ship, direc­tion and man­age­ment to the organization’s glob­al finance and account­ing team includ­ing respon­si­bil­i­ty for report­ing, bud­get­ing, fore­cast­ing, com­pli­ance and tax­a­tion as well as sup­port­ing M&A activity.

Mac­Don­ald joined acces­so in May 2018 bring­ing over 16 years of finance and account­ing expe­ri­ence from both prac­tice and indus­try. Mac­Don­ald is both a Char­tered Accoun­tant and CPA and holds a BA from Dublin City Uni­ver­si­ty, Ireland.

Pri­or to join­ing acces­so, Mac­Don­ald spent 8 years with pri­vate equi­ty backed com­pa­ny ZeroChaos, ulti­mate­ly serv­ing as Exec­u­tive Vice Pres­i­dent, Finance, sup­port­ing the glob­al finance oper­a­tions, from their US head­quar­ters, through a peri­od of sig­nif­i­cant growth and acquis­i­tive activ­i­ty. Pre­vi­ous­ly, Mac­Don­ald was a senior man­ag­er with Ernst & Young, serv­ing a series of pub­lic and pri­vate clients from both the Dublin, Ire­land and Moscow, Rus­sia offices.

David Gammon

David Gam­mon

Non-Exec­u­tive Director

David Gam­mon has wide­spread expe­ri­ence in devel­op­ing and build­ing tech­nol­o­gy based busi­ness­es. Since 2001, David has focused on find­ing, advis­ing and invest­ing in UK tech­nol­o­gy com­pa­nies. David found­ed Rock­spring, an advi­so­ry and invest­ment firm, which focus­es on ear­ly stage tech­nol­o­gy com­pa­nies and where David con­tin­ues as CEO today. Oth­er cur­rent posi­tions include non-exec­u­tive chair­man at Fron­tier Devel­op­ments plc, non-exec­u­tive direc­tor at Rasp­ber­ry Pi Trad­ing Lim­it­ed, and advis­er to Mar­shall of Cam­bridge (Hold­ings) Limited. 

In 2017 David was elect­ed as an Hon­orary Fel­low of the Roy­al Acad­e­my of Engi­neer­ing and in 2018 was elect­ed as a mem­ber of the Scale Up Insti­tute. In 2019 he became a mem­ber of the indus­tri­al advi­so­ry board to IQ Cap­i­tal Part­ners Lim­it­ed.

Pre­vi­ous expe­ri­ence includes non-exec­u­tive direc­tor and advi­sor at arti­fi­cial gen­er­al intel­li­gence com­pa­ny Deep­Mind Tech­nolo­gies Lim­it­ed. Ear­li­er in his career David worked as an invest­ment banker for over 15 years.

David joined acces­so in Novem­ber 2010 as a Non-Exec­u­tive Direc­tor. David is a mem­ber of the remu­ner­a­tion and audit com­mit­tees and per­formed the role of audit com­mit­tee Chair from 18 March 2016 to until 26 June 2018.

Karen Slatford

Karen Slat­ford

Senior Inde­pen­dent Director

Karen Slat­ford has sig­nif­i­cant expe­ri­ence of work­ing in the glob­al tech­nol­o­gy and busi­ness are­nas, serv­ing cur­rent­ly as Senior Inde­pen­dent Direc­tor at Micro Focus Inter­na­tion­al plc and Soft­cat plc and as non-exec­u­tive chair of Drap­er Esprit plc. Between 1983 and 2001, Slat­ford worked at Hewlett Packard where, in 2000, she became Vice Pres­i­dent and Gen­er­al Man­ag­er World­wide Sales & Mar­ket­ing for the Busi­ness Cus­tomer Organ­i­sa­tion. She was respon­si­ble for sales of all Hewlett Packard’s prod­ucts, ser­vices and soft­ware to busi­ness cus­tomers globally.

Slat­ford is a mem­ber of the Audit Com­mit­tee and the Chair of accesso’s Renu­mer­a­tion Committee.

Andy Malpass

Andy Mal­pass

Non-Exec­u­tive Director

Andy Mal­pass has over 30 years’ expe­ri­ence in the soft­ware indus­try cov­er­ing both pri­vate and pub­lic com­pa­nies, includ­ing approx­i­mate­ly 20 years as Group Finance Direc­tor of Fidessa Group plc. Andy also served as Com­pa­ny Sec­re­tary of Fidessa Group plc for many years. He is cur­rent­ly an Inde­pen­dent Non-Exec­u­tive Direc­tor and Chair of the Audit Com­mit­tee at Kain­os Group plc. Andy grad­u­at­ed with a BA (Hons) in Account­ing and Finance from Lan­cast­er Uni­ver­si­ty and is a Fel­low of the Char­tered Insti­tute of Man­age­ment Accountants. 

Andy is an Inde­pen­dent Non-Exec­u­tive Direc­tor and Chair of the Audit Com­mit­tee and a mem­ber of the Remu­ner­a­tion Com­mit­tee at acces­so

Reg­u­la­to­ry Information

Share­hold­er Information

Total shares in issue as of 19 Novem­ber 2020: 41,215,291

Share­hold­ers hold­ing in excess of 3% of issued share capital

Shareholders (as of 19 November 2020)
Shareholders (as of 19 November 2020) Shareholding Percent of Issued Share Capital
Liontrust Investment Partners LLP
Liontrust Investment Partners LLP Shareholding 4,073,453 Percent of Issued Share Capital 9.88%
BlackRock, Inc.
BlackRock, Inc. Shareholding 4,039,189 Percent of Issued Share Capital 9.80%
Long Path Partners LP
Long Path Partners LP Shareholding 2,158,236 Percent of Issued Share Capital 5.24%
Chelverton Asset Management Limited
Chelverton Asset Management Limited Shareholding 2,125,000 Percent of Issued Share Capital 5.16%
Allianz Global Investors GmbH
Allianz Global Investors GmbH Shareholding 2,040,253 Percent of Issued Share Capital 4.95%
Canaccord Genuity Group Inc
Canaccord Genuity Group Inc Shareholding 1,835,880 Percent of Issued Share Capital 4.45%
M&G plc
M&G plc Shareholding 1,783,974 Percent of Issued Share Capital 4.33%
Jupiter Asset Management Ltd
Jupiter Asset Management Ltd Shareholding 1,566,500 Percent of Issued Share Capital 3.80%
Pershing Securities Limited (via Pershing Nominees Limited)
Pershing Securities Limited (via Pershing Nominees Limited) Shareholding 1,379,311 Percent of Issued Share Capital 3.35%

Shares not in pub­lic hands (as of 19 Novem­ber 2020)

Name
Name Shares Held Percent of Issued Share Capital
Mr. Steve Brown
Mr. Steve Brown Shares Held 665,774 Percent of Issued Share Capital 1.62%
Mr. David Gammon
Mr. David Gammon Shares Held 86,483 Percent of Issued Share Capital 0.21%
Ms. Fern MacDonald
Ms. Fern MacDonald Shares Held 15,000 Percent of Issued Share Capital 0.04%
Mr. Bill Russell
Mr. Bill Russell Shares Held 32,307 Percent of Issued Share Capital 0.08%
Ms. Karen Slatford
Ms. Karen Slatford Shares Held 16,549 Percent of Issued Share Capital 0.04%
Mr. Andy Malpass (either personally or has an interest in)
Mr. Andy Malpass (either personally or has an interest in) Shares Held 5,414 Percent of Issued Share Capital 0.01%
Total
Total Shares Held 821,527 Percent of Issued Share Capital 1.99%

Advi­sors

For details of the invest­ment oppor­tu­ni­ty with acces­so Tech­nol­o­gy Group plc, please contact:

Nominated Advisor and Sole Broker

Numis Securities Limited The London Stock Exchange Building 10 Paternoster Square, London EC4M 7LT

Tel: +44 (0)20 7260 1000

Registered Office

Unit 5, The Pavilions, Ruscombe Park, Twyford, Berks, RG10 9NN, UK

Tel: +44 (0)118 934 7400

Company Secretary

Martha Bruce, Bruce Wallace Associates Limited, 118 Pall Mall, London, SW1Y 5ED

Tel: +44 (0)788 437 8836

Financial Public Relations

FTI Consulting LLP, 200 Aldersgate Street, London, EC1A 4HD

Tel: +44 (0)207 831 3113

Auditors

KPMG LLP, Arlington Business Park, Theale, Reading, RG7 4SD

Registrars

SLC Registrars Limited, Elder House, St Georges Business Park, Brooklands Road, Weybridge, Surrey KT13 0TS