REG - Tialis Essential IT - Result of General Meeting and Total Voting Rights

Tialis Essential ITAnnouncement

03/10/2025 12:00

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RNS Number : 0367C  Tialis Essential IT PLC  03 October 2025

Tialis Essential IT Plc

("Tialis" or the "Company")

3 October 2025

Result of General Meeting and Total Voting Rights

Tialis, the mid-market network, cloud and IT Managed Services provider, is
pleased to announce that all resolutions put to shareholders were duly passed
at the General Meeting held today.

 

 

The results of the votes are set out below:

                                                                                 FOR*                         AGAINST
 RESOLUTIONS                                                                     Votes       % of votes cast  Votes  % of votes cast  Abstain
 Ordinary Resolution 1                                                           23,525,361  100%             822    0%               296,000
 To authorise the Directors to allot shares in the Company up to an aggregate
 nominal amount of £127,437.
 Special Resolution 2                                                            23,525,277  100%             906    0%               296,000
 Subject to the passing of Resolution 1, to dis-apply pre-emption rights on the
 allotment of ordinary shares in the Company up to an aggregate nominal amount
 of £127,437.

 *Votes received for the resolutions includes votes allowing the Chairman's
 discretion and votes lodged in favour of third parties.

 

 

Admisison and Total Voting Rights

 

Application has been made to the London Stock Exchange for the admission of
the New Ordinary Shares to trading on AIM ("Admission"). Admission will become
effective and dealings in the new Ordinary Shares will commence on 8 October
2025.

 

Following Admission, the total number of Ordinary Shares in the capital of the
Company in issue will be 39,909,832 (the "Enlarged Issued Share Capital"). As
the Company does not currently hold any Ordinary Shares in treasury, the total
number of voting rights in the Company following Admission will be 39,909,832.
This figure may be used by Shareholders, from Admission, 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 and Transparency Rules.

 

Ian Smith is the Chief Executive Officer and major shareholder of MXC. The
indirect interest of MXC Capital in Tialis following Admission will be
26,722,891 Ordinary Shares, representing 67.0 per cent. of the Enlarged Issued
Share Capital. Ian Smith, also Chief Executive Officer of Tialis, has direct
beneficial interest in the Company is 647,166 Ordinary Shares, which
represents 1.6 per cent. of the Enlarged Issued Share Capital. Ian and MXC
hold in aggregate 27,370,057 Ordinary Shares, representing 68.6 per cent. of
the Company's Enlarged Issued Share Capital.

 

Matthew Riley is a director and major shareholder of Daisy Intermediate
Holdings Limited ("Daisy"), which following Admission, will hold 4,629,178
Ordinary Shares representing 11.6 per cent. of the Company's Enlarged Issued
Share Capital. Mr Riley, also Non-Executive Director of Tialis, has beneficial
interest in the Company is 250,000 Ordinary Shares, which represents 0.6 per
cent. of Enlarged Issued Share Capital. Mr Riley and Daisy hold in aggregate
4,879,178 Ordinary Shares, representing 12.2 per cent. of the Company's
Enlarged Issued Share Capital.

 

 

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/ Elysia Bough

 Corporate Broking: Tim Redfern

 

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                                              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                                    Acquisition of 5,637,072 ordinary shares
 c)  Price(s) and volume(s)                                       Price(s)   Volume(s)
                                                                  75 pence   4,766,667
                                                                  40 pence   870,405
 d)  Aggregated information

     -     Aggregated volume                                      N/A

     -     Price
 e)  Date of the transaction                                      3 October 2025
 f)  Place of the transaction                                     London, AIM

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A

 

e)

Date of the transaction

3 October 2025

f)

Place of the transaction

London, AIM

 

 

 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                                    Acquisition of 2,339,883 ordinary shares
 c)  Price(s) and volume(s)                                       Price(s)   Volume(s)
                                                                  70 pence   2,339,883
 d)  Aggregated information

     -     Aggregated volume                                      N/A

     -     Price
 e)  Date of the transaction                                      3 October 2025
 f)  Place of the transaction                                     London, AIM

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A

 

e)

Date of the transaction

3 October 2025

f)

Place of the transaction

London, AIM

 

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