essensys PLC Director/PDMR Dealing (7464U)

TIDMESYS

RNS Number : 7464U

essensys PLC

08 April 2021

8 April 2021

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 6 April 2021 it was notified that Alan Pepper, Chief Financial Officer & Chief Operating Officer, sold a total of 125,000 ordinary shares of 0.25p each in the Group ("Ordinary Shares") at a price of 252 pence per Ordinary Share to fund house renovations.

Following this transaction, Alan Pepper's total beneficial interest in the Group is 404,566 Ordinary Shares representing approximately 0.77% of the Group's total issued share capital. Alan has informed the Group that he has no plans to make further sales of his holding in the Group for a period of at least 12 months.

The Notification of Dealing Form required in accordance with Article 19.3 of MAR is set out below.

For further information, please contact:

 
                                                     [phone] 
 essensys plc                                                  5252 
 Mark Furness, Chief Executive Officer 
 Alan Pepper, Chief Financial Officer & Chief 
  Operating Officer 
 
 N+1 Singer (Nominated Adviser and Joint             [phone] 
  Broker)                                                      3000 
 Peter Steel / Harry Gooden / George Tzimas 
 
                                                     [phone] 
 Berenberg (Joint Broker)                                      7800 
 Richard Kauffer / Tejas Padalkar / Alix 
  Mecklenburg-Solodkoff 
 
 FTI Consulting 
                                                     [phone] 
 Jamie Ricketts / Eve Kirmatzis / Talia Jessener               1000 
 

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 landlords and 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 significant operational pain points head on and reduces costs by simplifying the day-to-day management of flexible workspaces and the provision of on-demand technology and infrastructure services to tenants. essensys technology delivers secure digital infrastructure, effective space setup, seamless operations, and mobile-first occupier interactions. It automates key tasks and processes and helps flexible workspace providers deliver highly efficient, customer-centric workspace solutions and in-building experiences with enterprise class services.

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                          Alan Pepper 
      ----------------------------  ------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status               Chief Financial Officer, PDMR 
      ----------------------------  ------------------------------------------- 
 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 
 
       Identification code           GB00BJL1ZF49 
 
 b)    Nature of the transaction     Sale of Ordinary Shares 
      ----------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                        ----------------  ------------- 
                                         Price(s)          Volume(s) 
                                        ----------------  ------------- 
    252.00 pence                                           125,000 
   -----------------------------------------------------  ------------- 
 
 d)    Aggregated information             N/A - Single transaction 
 
 e)    Date of the transaction                  6 April 2021 
      ----------------------------  ------------------------------------------- 
 f)    Place of the transaction      London Stock Exchange, AIM Market 
                                      (XLON) 
      ----------------------------  ------------------------------------------- 
 
 

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April 08, 2021 02:00 ET (06:00 GMT)