Accesso Technology Group PLC (LON:ACSO)

Accesso Technology Group PLC (LON:ACSO)


Share Price
740.00 p
Change
50 (7.25 %)
Market Cap
£202.97 m
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Accesso Technology Group PLC

accesso is the premier technology solutions provider to the leisure entertainment and cultural markets.

Our powerful and innovative queuing, ticketing and POS solutions deliver breakthrough revenue generating technology for our clients around the world by significantly improving the most important part of an attraction: the guest experience. Our best-in-class eCommerce, point of sales...

EPIC: ACSO
Market: LSE:ACSO
52-week High/Low: 3,000.000p / 640.000p
Sector: Travel, Leisure & Hospitality
Market Cap: £202.97 m
Website: accesso.com
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Big Picture – A Deep Dive Examination of Accesso Technology Group PLC


Accesso Technology Group PLC Snapshot

Our vision is to connect visitors and venues with purpose, passion and partnership. Our mission is to be the premier technology partner within the leisure, entertainment and cultural markets by providing innovative and secure commerce solutions backed by inspired people with a relentless commitment to service.

At accesso, our innovative approach to driving revenue is a key differentiator of our proprietary and patented technology. We help our clients achieve their goals through our unsurpassed service, rapid release software deployment and commitment to innovation. Everything we do helps our clients focus on what they do best - providing outstanding experiences for guests - while we provide technology that readily supports our clients’ efforts to drive revenue. We have focused intensely on fine tuning our process to ensure success for our clients and our company.

Qsmart

Our virtual queuing solution that puts virtual queuing straight onto a guest’s smartphone. Guests get more out of their day by purchasing the service and managing reservations for their favorite rides from the palm of their hand. While Qsmart virtually waits in line for them, guests enjoy the rest of what your venue has to offer. When their wait time is over they access the ride using a priority entrance, having avoided standing in the long line.

Click here for more info

 

Qbot


Qbot is the product that started the virtual queuing revolution and continues to deliver fantastic revenue and guest satisfaction results for venues worldwide. Guests get more out of their day by reserving their favorite rides with our proprietary device. While Qbot virtually waits in line for them, guests are free to enjoy the rest of what your venue has to offer. When their wait time is over they access the ride using a priority entrance, having avoided standing in the long line.

Click here for more info

 

Qband


Qband is our award-winning virtual queuing solution specifically designed for water parks. With Qband, guests pack more fun into their day by reserving their favorite slides with a special RFID wristband at touchscreen kiosks located throughout your waterpark. While guests wait for the ride time to countdown, they’re free to enjoy all the waterpark has to offer. When it’s their turn to ride they access the slide using a priority entrance, having avoided standing in a long line.

Click here for more info

 

Prism

 

PrismSM is a next-generation, wearable device that shines a new light on the guest experience, giving theme parks and attractions the power to schedule ride bookings without kiosks or cell phones, and connect with guests in new ways throughout their entire visit.  This new smart park technologySM wearable is the latest offering among accesso’s line of accesso LoQueueSM virtual queuing solutions.

Click here for more info

 

 

 

 

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.

Paul Noland
Chief Executive Officer

Paul Noland joined accesso as Chief Executive Officer in April 2018, guiding the company’s growth and day-to-day operations as it serves more than 1,000 venues in over 30 countries.

Noland has built an impressive resume as a leader in the international attractions and entertainment industries. Prior to joining accesso, Noland served as President and CEO of the International Association of Amusement Parks and Attractions (IAAPA) from 2013 to 2018, helping the organization continue its growth as the largest international trade association for amusement facilities and attractions worldwide. He also served for 16 years in senior executive roles with Walt Disney Parks and Resorts where he championed major growth initiatives across the company’s domestic theme parks and resorts and oversaw the financial planning, revenue management and pricing functions at Walt Disney World Resort. Prior to Disney, he spent more than a dozen years in leadership roles with Marriott International where he focused on optimizing revenue across the company’s then 900 hotels.

Noland earned a Master of Business Administration from the College of William and Mary in Williamsburg, Virginia, and a Bachelor of Science in Journalism and Speech Communication from Radford University in Radford, Virginia.

John Alder
Chief Financial Officer

As Chief Financial Officer, John Alder is responsible for the leadership and direction in all areas of finance and accounting including financial planning and forecasting, and accessing capital to fund growth.

Alder is a Chartered Accountant who qualified with Coopers and Lybrand (PricewaterhouseCoopers). He subsequently held Finance Director and Controller positions in quoted and private pan-European businesses. Prior to joining accesso, Alder spent 4 years as European Controller and Interim Finance Director of private equity backed Palletways Group Limited, supporting the Continental European development of Europe’s largest and fastest growing palletized freight network business.

He was appointed Chief Financial Officer of the Company in August 2009.

Tom Burnet
Non-Executive Director

Tom Burnet joined accesso in late 2010 and served as CEO and Executive Chairman before moving into his current role as a Non-executive Director. Tom was formerly Managing Director of a division of Serco Group plc, a global outsourcing company, overseeing the 5000 person Defense Services division.

During his career he has been involved in creating, growing and running several businesses and started his career as the UK’s youngest Army Officer. He also has an MBA from the University of Edinburgh.

He believes accesso can grow to become a cornerstone of the global attraction and leisure industry’s supply chain.

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
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.  Slatford has also served since 2009 as Chairman of The Foundry, a global software company and since 2013 as a non-executive director of Intelliflo, a SaaS based financial services software company. 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
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.

Shareholder Information

Total shares in issue as of 3 May 2019: 27,417,063

Shareholders holding in excess of 3% of issued share capital

Shareholders (as of 7 June 2019) Shareholding Percent of Issued Share Capital
Canaccord Genuity Group Inc 2,706,545 9.90%
Standard Life Investments 2,686,807 9.83%
Prudential plc 1,472,593 5.37%
Liontrust Investment Partners LLP 1,365,223 5.00%
The Capital Group Companies, Inc. 1,279,385 4.68%
Allianz Global Investors GmbH 855,815 3.12%

Shares not in public hands (as of 8 April 2019)

Name Shares Held Percent of Issued Share Capital
Mr. Tom Burnet 248,923* 0.91%*
Mr. John Alder 60,540 0.22%
Mr. David Gammon 48,000 0.18%
Ms. Karen Slatford 11,835 0.04%
Mr. Bill Russell 10,000 0.04%
Mr. Paul Noland 6,000 0.02%
Mr. Andy Malpass (either personally or has an interest in) 4,352 0.02%
Total 342,258 1.25%
     
*Includes a beneficial interest in 200,000 Ordinary Shares held through the Lo-Q Employee Benefit Trust.    

 

Australia

Sydney
Level 36, 1 Farrer Place
Sydney NSW 2000 
Australia

 

Europe

Belfast 
Suite 75 
Victoria Place
Wellwood Street
Belfast BT12 5GE
Northern Ireland

London 
The Foundry 
77 Fulham Palace Road
London, W6 8DL
England

Twyford 
Unit 5, The Pavilions
Ruscombe Park, Twyford
Reading RG10 9NN
England

 

North America

Fresno 
5260 N Palm Ave, Suite 229 
Fresno, CA 93704
USA

Mexico City
Montecito # 38
Piso 42 Oficina 12
Colonia Nápoles, 03810 
México, D. F.

Orlando
1025 Greenwood Blvd, Suite 500
Lake Mary, FL 32746
USA
 

 
San Diego 
4660 La Jolla Village Dr,
Suite 620
San Diego, CA 92122 
USA

 

 

 


South America

São Paulo 
Rua Joaquim Floriano, nº 888 
Suite 1003/1004, Itaim Bibi 
CEP 04534-003, São Paulo, São Paulo 
Brazil

Advisors

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

Nominated advisor and joint broker

Canaccord Genuity Ltd, 88 Wood Street London, EC2V 7QR

Tel: +44 (0)20 7523 8000

Joint 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


Australia

Sydney
Level 36, 1 Farrer Place
Sydney NSW 2000 
Australia

 

Europe

Belfast 
Suite 75 
Victoria Place
Wellwood Street
Belfast BT12 5GE
Northern Ireland

London 
The Foundry 
77 Fulham Palace Road
London, W6 8DL
England

Twyford 
Unit 5, The Pavilions
Ruscombe Park, Twyford
Reading RG10 9NN
England

 

North America

Fresno 
5260 N Palm Ave, Suite 229 
Fresno, CA 93704
USA

Mexico City
Montecito # 38
Piso 42 Oficina 12
Colonia Nápoles, 03810 
México, D. F.

Orlando
1025 Greenwood Blvd, Suite 500
Lake Mary, FL 32746
USA
 

 
San Diego 
4660 La Jolla Village Dr,
Suite 620
San Diego, CA 92122 
USA

 

 

 


South America

São Paulo 
Rua Joaquim Floriano, nº 888 
Suite 1003/1004, Itaim Bibi 
CEP 04534-003, São Paulo, São Paulo 
Brazil

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