**Summary**
Essensys PLC has announced a recommended cash offer by Essensys Bidco Limited ("Bidco") for the entire issued and to-be-issued ordinary share capital of Essensys at 17 pence per share. The offer document, containing details of the offer, was published and made available to Essensys shareholders on March 9, 2026, with an acceptance deadline of May 8, 2026. The document includes information on the offers terms, conditions, and procedures for acceptance, as well as an expected timetable of principal events.
Key points
**Offer Details**Bidco is offering 17 pence per Essensys share, with the offer remaining open until May 8, 2026.
**Offer Document**Published on March 9, 2026, it contains essential information, including a letter from the independent committee, offer terms, and acceptance procedures.
**Acceptance Procedures**Shareholders can accept the offer by completing and returning the Form of Acceptance or electronically through CREST.
**Timetable**An indicative timetable outlines key dates, including the offer announcement (February 24, 2026), offer document publication (March 9, 2026), and the la<mark style="background-color:yellow">test</mark> acceptance date (May 8, 2026).
**Shareholder Information**A helpline is available for shareholders with questions, and hard copies of documents can be requested.
**Regulatory Compliance**The offer complies with the Takeover Code, and shareholders are advised to seek independent financial advice if needed.
**US Investors**Specific information is provided for US investors, including tax implications and restrictions on receiving new Bidco shares.
This announcement marks a significant development for Essensys shareholders, who are encouraged to review the offer document and consider their options before the acceptance deadline.