Director/PDMR Shareholding

RNS Number : 5748S

essensys PLC

16 November 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 15 November 2021, the Group was notified that Jon Lee, Non-Executive Chairman, sold 34,500 ordinary shares of 0.25 pence each ("Ordinary Shares") held in his self-invested personal pension ("SIPP") at a price of 290 pence per share and immediately repurchased, into his Individual Savings Account ("ISA"), 34,500 Ordinary Shares at a price of 290 pence per share.

Following this transaction, which took place on-market, Mr Lee's total beneficial interest in the Group  remains unchanged at 101,313 Ordinary Shares, representing 0.16% of the total issued share capital.

Details of the transaction can be found in the Notification of Dealing Form below.

For further information, please contact:

essensys plc	[phone]
Mark Furness (Chief Executive Officer) Alan Pepper (Chief Financial Officer)
Singer Capital Markets (nominated adviser and joint broker)	[phone]
Peter Steel / Harry Gooden / George Tzimas
Berenberg (joint broker)	[phone]
Ben Wright / Mark Whitmore
FTI Consulting (public relations adviser)	[phone]
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. 

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	Jon Lee
2	Reason for the notification
a)	Position/status	Non-executive Chairman
b)	Initial notification /Amendment	Initial Notification
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 financial instrument, type of instrument	Ordinary shares of  0.25 pence each
	Identification code	GB00BJL1ZF49
b)	Nature of the transaction	On market sale of Ordinary Shares from Mr Lee's SIPP and immediate repurchase into his ISA
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			290 pence (Sale)	34,500
			290 pence (Purchase)	34,500
d)	Aggregated information
	- Aggregated volume	N/A - each completed as single transactions
	- Price
e)	Date of the transaction	15 November 2021
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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