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LSE:ACSO

Accesso Technology Group PLC

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Market:
LSE
Market Cap:
£48.89 m
Price
176.78 GBX
Change
-5.72%
52 weeks high
1140.00
52 weeks low
82.51

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.
 



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.

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.

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

 

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.    

 

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