SYS1 System1 Group Plc

TIDMSYS1

RNS Number : 0693V

System1 Group PLC

04 August 2020

The announcement released at 17:33 on 03/08/2020 incorrectly stated Mr Blashill's position in the Company. In the below table Mr Blashill's position has been amended to 'Chairman'. All other text in the announcement remains unchanged.

 
   4 August 2020 
 

System1 Group PLC (AIM: SYS1)

("System1", or "the Company", or "the Group")

Director / PDMR Shareholding

System1 Group plc (AIM: SYS1) announces that it has been informed that, on 3 August 2020, Graham Blashill, a person discharging managerial responsibility (PDMR) in the Company, has in order to effect a "Bed and ISA" transaction, sold 5,000 Ordinary Shares at a price of 130 pence per Ordinary Share and then repurchased into his Individual Savings Account (ISA), the same number of 5,000 Ordinary Shares at a price of 130 pence per Ordinary Share. Following the completion of the sale and purchase, his ultimate beneficial ownership is unchanged and remains at 10,000 ordinary shares in total, representing 0.08% of the Company's total voting rights.

This announcement, including the notification below, is made in accordance with the requirements of the EU Market Abuse Regulation.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

 
 1.   Details of the Person discharging managerial responsibilities 
       ("PDMR") / person closely associated with them ("PCA") 
 a)   Name                            Graham Blashill 
     ------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status               Non Executive Director and Chairman 
     ------------------------------  ---------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ---------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                            System1 Group PLC 
     ------------------------------  ---------------------------------------- 
 b)   Legal Entity Identifier         213800TDLR42C3Q9ZB74 
     ------------------------------  ---------------------------------------- 
 4.   Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------------ 
 a)   Description of the              Ordinary Shares 
       financial instrument            GB00B1GVQH21 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the transaction       Sale and purchase of shares 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)                Volume(s) 
                                        130 pence (sale)        5,000 shares 
                                         130 price (purchase)    5,000 shares 
                                                               -------------- 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     Not applicable 
 
 
             *    Aggregated price 
 
 
             *    Aggregated total 
     ------------------------------  ---------------------------------------- 
 e)   Date of the transaction         3 August 2020 
     ------------------------------  ---------------------------------------- 
 f)   Place of the transaction        London Stock Exchange 
     ------------------------------  ---------------------------------------- 
 

The Company can be found at www.system1group.com .

For further information, please contact:

 
 System1 Group PLC                         Tel: +44 (0)20 7043 
                                                          1000 
 John Kearon, Chief Executive Officer 
 Chris Willford, Chief Financial Officer 
 Canaccord Genuity Limited                   Tel: +44 (0)20 7523 
                                                            8000 
 Simon Bridges / Andrew Potts 
 

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.

END

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August 04, 2020 04:39 ET (08:39 GMT)

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