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
Identification code
|
Ordinary Shares of 1p each
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
-
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
Identification code
|
Ordinary Shares of 1p each
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
-
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
Ian Smith, Executive Director
|
Tel: +44 (0)344 874 1000
|
|
Cavendish
Capital Markets Ltd
Nominated Adviser and Broker
Corporate finance: Jonny Franklin-Adams/ Abby
Kelly
Corporate Broking: Tim Redfern
|
Tel: +44 (0)20 7220 0500
|