Share Name Share Symbol Market Type Share ISIN Share Description
Essensys Plc LSE:ESYS London Ordinary Share GB00BJL1ZF49 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 274.00 270.00 278.00 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 22.0 -2.9 -6.2 - 176

essensys PLC Customer Renewal

14/10/2021 7:00am

UK Regulatory (RNS & others)

Essensys (LSE:ESYS)
Historical Stock Chart

From Jul 2021 to Jan 2022

Click Here for more Essensys Charts.


RNS Number : 0131P

essensys PLC

14 October 2021

14 October 2021

essensys plc

("essensys" or the "Group")

Customer Renewal

Major renewal and expansion with largest customer, Industrious

Framework to support Industrious' global expansion plans

essensys plc, the leading global provider of mission-critical software and technology to the flexible workspace industry, has renewed its strategic partnership with Industrious, the Group's largest and fastest growing customer.

The new global framework agreement consolidates all existing business between essensys and Industrious and establishes the framework for essensys to support Industrious's global expansion plans.

essensys currently serves 111 Industrious locations, comprising in excess of 3 million sq ft predominantly in the USA. The Group has recently supported Industrious's establishment in the UK.

Mark Furness, CEO of essensys, said:

"We are delighted to renew and expand our existing partnership with Industrious. Industrious is an example of our strategy to grow with our leading customers, by supporting their expansion plans. Industrious was one of our early partners when we established our US operation and we have worked together for over four years. This contract renewal reaffirms our joint commitment to provide great customer experiences using our technology. Our recent fundraising to expand the business globally will allow us to continue to support Industrious as they expand their operations both in North America and internationally."

For further information, please contact:

                                                    +44 (0)20 3102 
 essensys plc                                        5252 
 Mark Furness (Chief Executive Officer) 
  Alan Pepper (Chief Financial Officer) 
 Singer Capital Markets (nominated adviser and      +44 (0)20 7496 
  joint broker)                                      3000 
 Peter Steel / Harry Gooden / George Tzimas 
                                                    +44 (0)20 3207 
 Berenberg (joint broker)                            7800 
 Ben Wright / Mark Whitmore 
                                                    +44 (0)20 3727 
 FTI Consulting (public relations adviser)           1000 
 Jamie Ricketts / Eve Kirmatzis / Talia Jessener 
  / Victoria Caton 

About essensys plc

essensys is the leading global provider of mission-critical SaaS platforms and on-demand cloud services to the high growth flexible workspace industry. essensys' software is specifically designed and developed to help solve the complex operational challenges faced by multi-site flexible workspace operators as they grow and scale their operations. The Group's technology allows operators to deliver a range of differentiated, flexible and customer-specific services to a broad base of tenants across multiple locations and helps operators to manage the cost, operational and technological challenges they typically encounter.

essensys' Flex Services Platform , addresses these complex operational challenges, and reduces costs by simplifying the day-to-day management of flexible workspaces and the provision of on-demand IT, technology and infrastructure services to tenants. essensys' platforms automate key tasks and processes and help flexible workspace providers deliver highly efficient, customer-centric workspace solutions and member experiences with enterprise class services.

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) Dow Jones Newswires

October 14, 2021 02:00 ET (06:00 GMT)

1 Year Essensys Chart

1 Year Essensys Chart

1 Month Essensys Chart

1 Month Essensys Chart
ADVFN Advertorial
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20220127 06:58:23