SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTialis Essen It Regulatory News (TIA)

Share Price Information for Tialis Essen It (TIA)

Share Price is delayed by 15 minutes
Get Live Data
50.50    0.00 (0.00%)
Bid:
50.00
Ask:
51.00
Spread: 1.00 (2.00%)
Market Cap: £20.15m
TIA Live PriceLast checked at - London Stock Exchange

Intraday Tialis Essen It Share Chart

Loan Refinancing

2 Jul 2025 15:17

RNS Number : 4717P
Tialis Essential IT PLC
02 July 2025
 

2 July 2025

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

Tialis Essential IT Plc

("Tialis" or the "Company")

Loan Refinancing

 

Tialis (AIM: TIA), the mid-market IT Managed Services provider, is pleased to announce that they are leading an investment round in Digital Petcare UK Limited ("Digital Petcare"). Following the acquisition of the Digital Petcare loan, as announced on 1 July 2025, Tialis has completed a debt refinancing and decided to back Susie Samuel, founder and CEO of Digital Petcare, with a conversion of debt to equity alongside further investments from shareholders and outside investors. The refinancing is structured as follows:

· £500k has been converted into a 14.4% equity holding in Digital Petcare

· £700k has been refinanced into a new loan over 24 months at the same interest rate of 12%

· £285k of the loan has been repaid

 

Ian smith said: "Digital Petcare has come a long way with its solution, with a now constant flow of new clients signing up every month and continuing to win market share. With over 1,200 sites now using the platform in the UK the team are focusing on continuing expansion both here in the UK and internationally.

We are delighted to be extending the loan for a further 24 months and to align with the directors and other shareholders."

 

For more information, contact:

 

Tialis Essential IT Plc

Ian Smith, Executive Director

 

Tel: +44 (0)344 874 1000

Cavendish Capital Markets Ltd

Nominated Adviser and Broker

Corporate finance: Jonny Franklin-Adams/ Elysia Bough

Corporate Broking: Tim Redfern

 

Tel: +44 (0)20 7220 0500

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCZLLFBEDLFBBZ
12
Date   Source Headline
23rd Aug 20233:54 pmRNSDirector Dealing
22nd Aug 20233:32 pmRNSDirector Dealing
21st Aug 20234:57 pmRNSDirector Dealing
7th Aug 20237:00 amRNSUnaudited Interim Results
26th Jul 20237:00 amRNSTrading Update
30th Jun 20239:35 amRNSHolding(s) in Company
30th Jun 20239:35 amRNSHolding(s) in Company
28th Jun 202312:54 pmRNSResult of Annual General Meeting
1st Jun 20237:00 amRNSIssue of Equity
9th May 20237:00 amRNSFinal Results
25th Apr 20237:00 amRNSNotice of Results
8th Feb 20237:00 amRNSDirectorate Change
3rd Feb 20232:31 pmRNSHolding(s) in Company
3rd Feb 20232:31 pmRNSHolding(s) in Company
1st Feb 20238:00 amRNSCompletion of Acquisition
4th Jan 20237:00 amRNSDirectorate Change
23rd Dec 202210:21 amRNSDirector/PDMR Shareholding
22nd Dec 202210:23 amRNSDirector/PDMR Shareholding
21st Dec 20223:09 pmRNSDirector/PDMR Shareholding
20th Dec 20227:00 amRNSAcquisition
22nd Nov 20227:00 amRNSIssue of Equity
12

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.