TIDMESYS

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:

 
                                                    +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.

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             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        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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END

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November 16, 2021 09:46 ET (14:46 GMT)

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