23 August 2023
Tialis Essential IT Plc
("Tialis" or the "Company")
Director Dealing
Tialis, the mid-market network, cloud and IT Managed Services provider, announces that Ian Smith, a director of the Company, acquired 100,000 ordinary shares of 1p each in the Company ("Ordinary Shares") through his Self-Invested Personal Pension ("SIPP") on 23 August 2023.
Further to this transaction, Mr Smith's beneficial interest in the Company is 293,000 Ordinary Shares, which represents 1.21% of the Company's issued ordinary share capital.
Mr Smith is also the Chief Executive Officer and major shareholder of MXC Capital Limited ("MXC") whose holding remains unchanged at 18,204,685 Ordinary Shares representing 75.16% of the Company's issued ordinary share capital. Mr Smith and MXC hold in aggregate 18,497,685 Ordinary Shares, representing 76.36% 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) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
100,000 ordinary shares £44,250
| ||||
| e) | Date of the transaction | 23 August 2023 | ||||
| f) | Place of the transaction | London Stock Exchange | ||||
For more information, contact:
| Tialis Essential IT Plc Andy Parker, Non-Executive Chairman
| Tel: +44 (0)344 874 1000 |
| finnCap Limited Nominated Adviser and Broker Corporate finance: Jonny Franklin-Adams/ Abby Kelly ECM: Tim Redfern
| Tel: +44 (0)20 7220 0500 |
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