Tialis Essential IT
TIA · AIM · Technology · mcap £14m · 41.5p
Tialis provides IT lifecycle, end-user support, tech bar and field engineering services, mainly to large UK corporate and public sector customers. It also holds investments through its AI Auxesis subsidiary and stakes in other businesses.
Positive 7 Oct 2026
Share premium and deferred shares cancelled to create distributable reservesCourt confirmed; company says it enables future buybacks, dividends and distributions where the Board considers appropriate. 7 Oct 2026 12 May 2026
Mixed 25 Aug 2026
Revenue and adjusted EBITDA declining while debt is repaidH1 26 revenue £7.6m vs £8.8m, adjusted EBITDA £0.6m vs £1.0m; borrowings down to £2.36m. 25 Aug 2026
Mixed 25 Aug 2026
Strategic advisory agreement with AI Auxesis, £192,000 fee plus disposal incentivesRelated-party arrangement covering growth, financing and portfolio strategy; fee may rise to 0.7% of market capitalisation. 25 Aug 2026
Mixed 23 Mar 2026
MXC distributing its 67% holding; new holders above 10% emergingAims to raise free float and liquidity; several holders disclosed 8-13% stakes in March 2026. 23 Mar 2026 18 Mar 2026 17 Mar 2026 30 Jan 2026
- 2026 H1 debt refinancing · £0.65m – Bank borrowings repaid, leaving £2.36m 25 Aug 2026
- 2025-10-07 acquisition · £7.15m – 50% of MXLG Acquisitions paid in 9,533,333 shares at 75p, after lender consent 12 Sep 2025
- 2025-07 debt refinancing · £1.485m – Digital Petcare loan: £500k to equity, £700k new 24-month 12% loan, £285k repaid 2 Jul 2025
- 2025-06 acquisition · £1.485m – Acquired Digital Petcare loan and ~10.6% CloudCoCo stake from MXC; 2,631,134 shares issued at 64p 1 Jul 2025
- 2025-04 placing · £125,000 – 208,333 subscription shares at 60p to fund the AI Auxesis contribution 9 Apr 2025
- 2024-09 debt refinancing · £4m – Santander RCF at SONIA+3.75%, 3 years, used to repay £4.2m loan notes; plus £300k MXC convertible loan 10 Sep 2024
From the company's own announcements · not investment advice
Company filings. Not investment advice.