essensys PLC Appointment of CEO North America and PDMR Dealing (1609E)
04 November 2020 - 6:00PM
UK Regulatory
TIDMESYS
RNS Number : 1609E
essensys PLC
04 November 2020
4 November 2020
essensys plc
("essensys" or the "Group")
Appointment of CEO North America and PDMR Dealing
essensys plc, the leading global provider of mission-critical
software and technology to the flexible workspace industry,
announces the appointment of Jeremy Bernard as CEO of its North
American business, effective immediately.
Jeremy joins the Group's Operating Board and reports to Mark
Furness, the Group's Founder & CEO.
Jeremy will spearhead the scale up of essensys' North American
business, bringing extensive and unique experience in delivering
flexible office solutions, managing real estate portfolios and
scaling property technology businesses. He most recently served as
the Global Head of Real Estate for Knotel, one of the world's
largest flexible office providers.
Mark Furness, CEO of essensys, said:
"I am delighted to welcome Jeremy to essensys. His appointment
to lead our North American business is another key milestone and
further demonstrates our ambition and commitment to the industry.
Jeremy's deep experience of real estate, technology and the
flexible workspace sector will prove invaluable as we look to build
on our existing success in the North American market."
Jeremy Bernard, CEO North America of essensys, said:
"It is an exciting time for the flexible workspace sector.
Today's occupiers expect agile and flexible real estate products
that can meet their constantly changing needs. As the market
opportunity grows, providers are faced with the challenges of
delivering seamless and comprehensive space-as-a-service solutions
quickly and effectively. Software and technology are critical
components of rolling out and managing these solutions. I share the
ambition essensys has to solve real problems in the industry and am
excited to lead the business in the region. I look forward to
leveraging my knowledge of real estate, tech and the flexible
workspace industry to help our customers and our business be more
successful."
Grant of options
In connection with the above appointment, the Remuneration
Committee has agreed to grant options (the "Options") over 466,303
ordinary shares in the capital of the Group to Jeremy. The Options
have an exercise price of 132.50 pence per share and will become
exercisable at dates between 2 November 2021 and 2 November
2024.
Following this grant, the Group has a total of 3,432,544 share
options outstanding, representing 6.5% of the existing issued share
capital of the Group.
For further information, please contact:
+44 (0)20 3102
essensys plc 5252
Mark Furness, Chief Executive Officer
Alan Pepper, Chief Financial Officer
+44 (0)20 7496
N+1 Singer (Nominated Adviser and Broker) 3000
Peter Steel / Harry Gooden / George Tzimas
FTI Consulting
Jamie Ricketts / Eve Kirmatzis / Debbie +44 (0)20 3727
Oluwaseyi Sonaike / Talia Jessener 1000
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' two SaaS platforms, Connect and Operate , address
these complex operational challenges, and reduce 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 Jeremy Bernard
------------------------------------ ------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status PDMR
------------------------------------ ------------------------------------
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 Options over ordinary shares
financial instrument,
type of instrument
Identification code GB00BJL1ZF49
b) Nature of the transaction Grant of options
------------------------------------ ------------------------------------
c) Price(s) and volume(s)
------------------ -------------
Price(s) Volume(s)
------------------ -------------
132.50 pence 466,303
------------------------------------------------------------ -------------
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 2 November 2020
------------------------------------ ------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------------ ------------------------------------
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END
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