TIALIS ESSENTIAL IT PLC — Director's Dealing 2023

Aug 22, 2023

National Storage Mechanism | Additional information

RNS Number : 1185K

Tialis Essential IT PLC

22 August 2023

22 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 22 August 2023.

Further to this transaction, Mr Smith's beneficial interest in the Company is 193,000 Ordinary Shares, which represents 0.80% 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 18,397,685 Ordinary Shares, representing 75.95% 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)
44.259p	100,000

d)

Aggregated information

-     Aggregated volume

-     Price

100,000 ordinary shares

£44,259

e)

Date of the transaction

22 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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