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essensys plc is an LSE AIM listed leading global provider of software and technology to the commercial real estate industry founded in 2006.

Partnering with many of the world’s leading landlords and flexible workspace operators, essensys delivers innovative digital experience solutions that drive occupancy, maximise yield and reduce operating costs. Its flagship products, essensys Platform and elumo, solve the complex challenges of managing physical and digital access in dynamic multi-tenant environments, while delivering deep space utilisation insights and transformative digital experiences.

With a focus on Access, Intelligence & Experience, essensys’ products enable real estate leaders to unlock the full potential of their portfolios in today’s flexible, hybrid world while ensuring they stay ahead in an era of dynamic workplace evolution.

essensys Bidco is a newly incorporated company formed specifically for the purpose of making the offer and is backed by Mark Furness, the founder of essensys plc, together with members of the concert party.

On 24^th February 2026, he board of directors of Bidco and the essensys Independent Directors announced that they had agreed the terms of a recommended cash offer for the entire issued and to be issued ordinary share capital of essensys by Bidco (other than those essensys Shares held or contracted to be acquired by or on behalf of Bidco) to be implemented by way of a takeover offer within the meaning of Chapter 3 of Part 28 of the Companies Act.

Publication of offer document

Having helped essensys with the production of their admission document when they floated on AIM back in May 2019 and subsequently with the design and production of their annual report each year since, the Perivan shareholder communications team was delighted to work with Reed Smith who acted as Legal Adviser on the offer and ancillary documents  which were successfully published and posted to qualifying shareholders on 9th  March 2026. The project also included the provision of the Engage data room platform, which was used to facilitate the secure distribution of proofs throughout the process.

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Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader for the production of documentation relating to Mergers & Acquisitions.