REG - Tialis Essential IT - Director/PDMR Shareholding

Tialis Essential ITAnnouncement

13/11/2024 14:15

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RNS Number : 1308M  Tialis Essential IT PLC  13 November 2024

13 November 2024

 

Tialis Essential IT Plc

("Tialis" or the "Company")

Directors' Dealing

Tialis, the mid-market IT managed services provider, announces that Ian Smith,
a director of the Company, acquired 250,000 ordinary shares of 1p each in the
Company ("Ordinary Shares") through his Self-Invested Personal Pension
("SIPP") on 12 November 2024. Matthew Riley, a director of the Company, also
acquired 250,000 Ordinary Shares on the same date.

 

Following this transaction, Mr Smith's beneficial interest in the Company is
543,000 Ordinary Shares, which represents 2.23% of the Company's issued
ordinary share capital.

 

Mr Smith is also the Chief Executive Officer and major shareholder of MXC
Capital Limited ("MXC") which also acquired 250,000 Ordinary Shares on 12
November 2024. MXC's holding is 18,454,685 Ordinary Shares representing 75.86%
of the Company's issued ordinary share capital. Mr Smith and MXC hold in
aggregate 18,997,685 Ordinary Shares, representing 78.09% of the Company's
issued ordinary share capital.

 

Following this transaction, Mr Riley's beneficial interest in the Company is
250,000 Ordinary Shares, which represents 1.03% of the Company's issued
ordinary share capital.

 

Mr Riley is also a director and major shareholder of Daisy Intermediate
Holdings Limited ("Daisy") which holds 2,289,295 Ordinary Shares representing
9.41% of the Company's issued ordinary share capital. Daisy's shareholding
remains unchanged. Mr Riley and Daisy hold in aggregate 2,539,295 Ordinary
Shares, representing 10.44% of the Company's issued ordinary share capital.

 

 

 

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                                                         Ian Smith
 2   Reason for the notification
 a)  Position/status                                              Executive Director
 b)  Initial notification/ Amendment                              Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Tialis Essential IT plc
 b)  LEI                                                          213800HA4PK7BHINK929
 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 financial instrument, type of instrument  Ordinary Shares of 1p each

     Identification code

                                                                  GB00BN4M3M55
 b)  Nature of the transaction                                    Share purchase
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  23.62p    250,000
 d)  Aggregated information

     -     Aggregated volume                                      250,000 ordinary shares

     -     Price                                                  £59,050

 e)  Date of the transaction                                      12 November 2024
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

-     Aggregated volume

-     Price

 

250,000 ordinary shares

£59,050

 

e)

Date of the transaction

12 November 2024

f)

Place of the transaction

London Stock Exchange

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Matthew Riley
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 b)  Initial notification/ Amendment                              Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Tialis Essential IT plc
 b)  LEI                                                          213800HA4PK7BHINK929
 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 financial instrument, type of instrument  Ordinary Shares of 1p each

     Identification code

                                                                  GB00BN4M3M55
 b)  Nature of the transaction                                    Share purchase
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  23.62p    250,000
 d)  Aggregated information

     -     Aggregated volume                                      250,000 ordinary shares

     -     Price                                                  £59,050

 e)  Date of the transaction                                      12 November 2024
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

-     Aggregated volume

-     Price

 

250,000 ordinary shares

£59,050

 

e)

Date of the transaction

12 November 2024

f)

Place of the transaction

London Stock Exchange

 

 

For more information, contact:

 

 Tialis Essential IT Plc                               Tel: +44 (0)344 874 1000

 Ian Smith, Executive Director

 Cavendish Capital Markets Ltd                         Tel: +44 (0)20 7220 0500

 Nominated Adviser and Broker

 Corporate finance: Jonny Franklin-Adams/ Abby Kelly

 Corporate Broking: Tim Redfern

 

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