essensys PLC Director/PDMR Shareholding (2816J)
April 26 2022 - 1:02AM
UK Regulatory
TIDMESYS
RNS Number : 2816J
essensys PLC
26 April 2022
26 April 2022
essensys plc
("essensys" or the "Group")
Director/PDMR Dealing
essensys plc (AIM:ESYS), the leading global provider of mission
critical software-as-a-service (SaaS) platforms and on-demand cloud
services to the flexible workspace industry, announces that on 25
April 2022, Mark Furness, Chief Executive Officer, purchased 20,934
ordinary shares of 0.25 pence each ("Ordinary Shares") at a price
of 94.5 pence per Ordinary Share.
Following this transaction, Mark Furness' total beneficial
interest in the Group has increased to 19,700,000 Ordinary Shares,
representing approximately 30.60 % of the Group's total issued
share capital.
Mark Furness is treated as acting in concert with other
shareholders, being Barry John Clark, Ian Bryn Sadler, Michael John
Guest, Michael Grant and Liam Joachim Kavanagh (the "Concert
Party"). As a result of the purchase, the aggregate number of
Ordinary Shares held by the Concert Party has increased from
24,447,680 to 24,468,614, representing an increase from 37.97% to
38.00% of the issued share capital of the Group.
The purchase was effected under the terms of Note 11 on Rule 9.1
of the Code and therefore had no consequences under the Takeover
Code.
The members of the Concert Party also hold the following options
over Ordinary Shares:
Number of Options
Mark Furness 397,351
------------------
Barry John Clark 119,205
------------------
Ian Bryn Sadler 119,205
------------------
Michael John Guest 185,430
------------------
Michael Grant 13,245
------------------
Liam Joachim Kavanagh 3,311
------------------
Total 837,747
------------------
The Panel Executive has confirmed that, because these options
were granted at a time when the Concert Party held an aggregate of
over 50% of the issued share capital, the exercise of these options
will not trigger an obligation for an offer to be made under Rule
9.
The Concert Party could come to hold in aggregate up to
25,306,361 Ordinary Shares (following the exercise of all options
held by its members only), representing a maximum potential
interest of up to 38.80% of the enlarged share capital (as enlarged
by such exercise).
Details of the transaction can be found in the Notification of
Dealing Form below.
For further information, please contact:
+44 (0)20 3102
essensys plc 5252
Mark Furness, Chief Executive Officer
Alan Pepper, Chief Financial Officer & Chief
Operating Officer
Singer Capital Markets (Nominated Adviser +44 (0)20 7496
and Joint Broker) 3000
Peter Steel / Harry Gooden / George Tzimas
+44 (0)20 3207
Berenberg (Joint Broker) 7800
Ben Wright / Mark Whitmore
FTI Consulting
Jamie Ricketts / Eve Kirmatzis / Victoria +44 (0)20 3727
Caton/ Talia Jessener 1000
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mark Furness
---------------------------- -------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Executive Officer
---------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name essensys plc
---------------------------- -------------------------------------
b) LEI 2138002MSI4WKYNOBS73
---------------------------- -------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-------------------------------------------------------------------
a) Description of the Ordinary shares of 0.25 pence each
financial instrument,
type of instrument
GB00BJL1ZF49
Identification code
---------------------------- -------------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
(pence)
94.5 20,934
----------
---------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume n/a - single transaction
- Price
---------------------------- -------------------------------------
e) Date of the transaction 25 April 2022
---------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIMX
---------------------------- -------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHPPUCACUPPGBA
(END) Dow Jones Newswires
April 26, 2022 02:02 ET (06:02 GMT)
Essensys (LSE:ESYS)
Historical Stock Chart
From Feb 2025 to Mar 2025
Essensys (LSE:ESYS)
Historical Stock Chart
From Mar 2024 to Mar 2025
