Announcement • May 11
Essensys Makes an Application to the London Stock Exchange for the Proposed Cancellation of the Admission to Trading of the Company's Ordinary Shares on AIM Essensys plc announced that, further to the announcement made on May 8, 2026 by essensys Bidco Limited that the Offer had become unconditional, it has made an application to the London Stock Exchange for the proposed cancellation of the admission to trading of the Company's ordinary shares on AIM, in accordance with Rule 41 of the AIM Rules. Under the AIM Rules, the Cancellation can only take place after the expiry of a period of 20 business days from the date on which notice of the Cancellation is given. It is therefore expected that the Cancellation will occur at 7.00 a.m on June 10, 2026. Following the Cancellation becoming effective and the essensys Shares ceasing to be admitted to trading on AIM, essensys Shareholders who have not accepted the Offer will own shares in an unquoted company and, accordingly, will not benefit from the protections under the AIM Rules that were afforded to them whilst essensys was so admitted. The Offer will remain open for acceptance until further notice. At least 14 days' notice will be given by an announcement before the Offer is closed. Subject to giving at least 14 days' notice, Bidco can close the Offer at any point, following which essensys Shareholders who have not accepted the Offer will be unable to accept the Offer. Essensys has been informed that Bidco intends, promptly following Cancellation, to procure that essensys shall be re-registered as a private limited company. Essensys has also been informed that Bidco does not intend to put in place a matched bargain facility upon which essensys Shares can be traded. The re-registration of essensys as a private limited company will require the approval of essensys shareholders in general meeting. Accordingly, a circular, containing further details of, among other things, the re-registration and convening the general meeting in order to pass the relevant resolutions, is expected to be despatched to essensys Shareholders shortly and the Circular, once published, will be available on the Company's website. A further announcement will be made in due course. The cancellation of trading in essensys Shares on AIM will significantly reduce the liquidity and marketability of any essensys Shares in respect of which the Offer has not been accepted at that time. Any remaining essensys Shareholders will become minority shareholders in a majority controlled private limited company and may therefore be unable to sell their essensys Shares. There can be no certainty that essensys will pay any further dividends or other distributions or that such minority essensys Shareholders will again be offered an opportunity to sell their essensys Shares on terms which are equivalent to or no less advantageous than those under the Offer. Announcement • Apr 29
essensys to Make a Request to the London Stock Exchange for the Cancellation of the Admission to Trading of Essensys Shares on AIM essensys plc announced that after the Offer becomes or is declared unconditional and if essensys Bidco Limited ("Bidco") has, by virtue of its shareholdings and acceptances of the Offer, acquired or agreed to acquire essensys Shares carrying 90% or more of the voting rights of essensys, it is intended that Bidco shall procure that essensys makes a request to the London Stock Exchange for the cancellation of the admission to trading of essensys Shares on AIM. It is anticipated that such cancellation will take effect no earlier than 20 Business Days after the Offer becomes or is declared unconditional, subject to compliance with applicable requirements of the AIM Rules. The cancellation of the trading of the essensys Shares will significantly reduce the liquidity and marketability of any essensys Shares not assented to the Offer and their value may be affected in consequence. It is also intended that, following the Offer becoming or being declared unconditional, assuming the cancellation of trading of essensys Shares on AIM, Bidco will procure that essensys is re-registered as a private limited company under the relevant provisions of the Companies Act. If essensys Bidco Limited receives acceptances under the Offer in respect of, and/or otherwise acquires, 90% or more of essensys Shares to which the Offer relates, and assuming that all of the other Conditions have been satisfied or waived (if capable of being waived), Bidco intends to exercise its rights pursuant to sections 974 - 991 of the Companies Act to acquire compulsorily any essensys Shares not acquired or agreed to be acquired by or on behalf of Bidco pursuant to the Offer or otherwise on the same terms as the Offer. Reported Earnings • Apr 21
First half 2026 earnings released: UK£0.026 loss per share (vs UK£0.03 loss in 1H 2025) First half 2026 results: UK£0.026 loss per share (improved from UK£0.03 loss in 1H 2025). Revenue: UK£7.84m (down 25% from 1H 2025). Net loss: UK£1.67m (loss narrowed 14% from 1H 2025). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. 
