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Director/PDMR Shareholding

13th Nov 2024 14:00

RNS Number : 1308M
Tialis Essential IT PLC
13 November 2024
 

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

 

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END
 
 
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