REG - Tialis Essential IT - Issue of Equity

Tialis Essential ITAnnouncement

01/06/2023 07:00

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RNS Number : 2101B  Tialis Essential IT PLC  01 June 2023

Tialis Essential IT Plc

("Tialis" or the "Company")

1 June 2023

Issue of Equity

Tialis, the mid-market network, cloud and IT Managed Services provider,
announces that the Company has issued 104,000 ordinary shares of 1p each in
the Company ("Ordinary Shares") to an employee in lieu of a cash bonus for
2021 at 89.2p per Ordinary Share, in the second of three equal tranches.

 

Application has been made for 104,000 Ordinary Shares to be admitted to
trading on AIM ("Admission") and it is expected that this will occur on 6 June
2023. These shares will rank pari passu in all respects with the Company's
existing issued Ordinary Shares.

 

The Company's issued share capital now consists of 24,222,744 Ordinary Shares,
of which there are no shares in Treasury. Therefore, the above figure may be
used by shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or a change
in their interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.

 

 

For more information, contact:

 

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

 Andy Parker, Executive Chairman

 finnCap Limited                                       Tel: +44 (0)20 7220 0500

 Nominated Adviser and Broker

 Corporate finance: Jonny Franklin-Adams/ Abby Kelly

 ECM: Tim Redfern/ Richard Chambers

 

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