Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
essensys PLC ( (GB:ESYS) ) has issued an announcement.
Essensys plc has secured an extension to the formal ‘put up or shut up’ deadline for a potential takeover bid from its founder and non-executive director Mark Furness, who in November submitted a preliminary, non-binding proposal for an all-cash offer at 20 pence per share. Following consent from the UK Takeover Panel, Furness now has until 5 p.m. on 23 January 2026 to either announce a firm intention to make an offer for the whole company or to confirm that he will not proceed, with the board stressing that there is no certainty a binding bid will emerge or on what terms, leaving shareholders and other stakeholders facing continued uncertainty over the company’s ownership and strategic direction.
The most recent analyst rating on (GB:ESYS) stock is a Buy with a £41.00 price target. To see the full list of analyst forecasts on essensys PLC stock, see the GB:ESYS Stock Forecast page.
Spark’s Take on GB:ESYS Stock
According to Spark, TipRanks’ AI Analyst, GB:ESYS is a Neutral.
Essensys PLC’s overall stock score is primarily driven by its challenging financial performance, indicated by declining revenues and liquidity issues. Technical analysis further reflects a bearish outlook with negative momentum. The valuation raises concerns due to a negative P/E ratio, underscoring financial instability. Recent positive corporate events provide some optimism but are not enough to offset the prevailing financial and technical challenges.
To see Spark’s full report on GB:ESYS stock, click here.
More about essensys PLC
Essensys plc is a UK-listed provider of software and technology solutions for landlords and flexible workspace operators. Founded in 2006 and traded on AIM since 2019, the company focuses on powering technology-driven flexible workspaces through two core offerings: essensys Platform, a SaaS solution delivering enterprise-grade Wi-Fi and performance data across multi-tenant portfolios, and elumo, an integrated bookings and access system that helps customers manage and monetise bookable meeting rooms and shared spaces. Essensys serves customers across the UK, Europe, North America and APAC, targeting long-term growth in the flexible workspace and commercial real estate markets through a simplified go-to-market strategy.
Average Trading Volume: 62,116
Technical Sentiment Signal: Sell
Current Market Cap: £10.04M
Find detailed analytics on ESYS stock on TipRanks’ Stock Analysis page.