11 February 2025
essensys
plc
("essensys" or the "Group")
Grant of
Options
essensys plc (AIM:ESYS), the leading
global provider of software and technology to the flexible
workspace industry, announces that, on 10 February 2025, it granted
a total of 1,855,000 options (the "Options") over ordinary shares
of 0.25 pence each ("Ordinary Shares") under the Group's existing
Long-Term Incentive Plan (the "LTIP") to the following essensys
Directors and PDMRs:
|
Name
|
Position
|
Number of Options over Ordinary Shares
|
|
Mark Furness
|
Chief Executive Officer
|
700,000
|
|
James Lowery
|
Chief Operating Officer
|
500,000
|
|
Greg Price
|
Chief Financial Officer
|
300,000
|
|
James Shannon
|
Chief Product & Technology
Officer
|
355,000
|
These Options are all subject to performance conditions, details of
which will be disclosed in the next annual report. They have an
exercise price of 0.25 pence per share and will become exercisable
between 10 February 2028 and 10 February 2035.
Mark Furness is treated as acting in
concert with other shareholders, being Barry John Clark, Ian Bryn
Sadler, Michael John Guest, Michael Grant and Liam Joachim Kavanagh
(the "Concert Party"). The Concert Party holds in aggregate
24,447,680 Ordinary Shares in the Company, representing 37.79% of
the issued share capital of the Group. Mr Furness has undertaken to
the Company that he will not exercise his award over 700,000
Options should such exercise cause either Mr Furness individually
or the Concert Party collectively to make a mandatory offer for the
Company pursuant to Rule 9 of the City Code on Takeovers and
Mergers.
Following these grants, the Group
has a total of 5.2 million share options outstanding, representing
8.0% of the existing issued share capital of the Group.
For
further information, please contact:
|
essensys plc
|
+44 (0)20 3102 5252
|
|
Mark Furness (Chief Executive Officer)
Greg Price (Chief Financial
Officer)
|
|
|
Singer Capital Markets (nominated adviser and
broker)
|
+44 (0)20 7496 3000
|
|
Peter Steel / James
Fischer
|
|
|
FTI
Consulting (public relations adviser)
|
+44 (0)20 3727 1000
|
|
Jamie Ricketts / Eve Kirmatzis /
Usama Ali
|
|
About essensys plc
essensys is the leading global
provider of software and technology for flexible, digitally-enabled
spaces, buildings and portfolios. The essensys Platform simplifies
and automates the delivery and management of next generation,
flexible, multi-tenant real estate.
The real estate industry is
transforming - it must be flexible to changing market demands,
accommodate hybrid working styles, provide move-in ready spaces and
deliver frictionless experiences and on-demand services. The office
sector is becoming an increasingly digital-first landscape - driven
by end-user demand and delivering digitally enabled spaces is key
to success. Our software and technology is designed and developed
to help solve the complex operational challenges faced by landlords
and flexible workspace operators as they grow and scale their
operations. We help our customers to deliver a simple, secure and
scalable proposition, respond to changing occupier demands in a
hybrid world, provide seamless occupier experiences, and realise
smart building and ESG ambitions.
Founded in 2006 and listed on the
AIM market of the London Stock Exchange since 2019, essensys is
active in the UK, Europe, North America and APAC.
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
|
1. Mark
Furness
2. James
Lowery
3. Greg
Price
4.
James Shannon
|
|
2
|
Reason for the notification
|
|
(a)
|
Position/status
|
1. Chief
Executive Officer
2. Chief
Operating Officer
3. Chief
Financial Officer
4.
Chief Product & Technology Officer
|
|
(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
Identification code
|
Ordinary shares of 0.25 pence
each
GB00BJL1ZF49
|
|
(b)
|
Nature of the transaction
|
Grant of share options under
essensys' existing LTIP Scheme
|
|
(c)
|
Price(s) and volume(s)
|
|
|
Price (pence)
|
Quantity
|
|
1
|
0.25
|
700,000
|
|
2
|
0.25
|
500,000
|
|
3
|
0.25
|
300,000
|
|
4
|
0.25
|
355,000
|
|
|
(d)
|
Aggregated Information, Aggregated
volume
Prices
|
N/A - Single transactions
|
|
(e)
|
Date of the transaction
|
10 February 2025
|
|
(f)
|
Place of the transaction
|
Outside of a trading
venue
|
