TIDMSYS

RNS Number : 5708D

SysGroup PLC

27 June 2019

27 June 2019

SysGroup plc

("SysGroup" or the "Company" or the "Group")

Director Share Purchases

SysGroup PLC (AIM:SYS), the managed IT services and cloud hosting provider, announces that it has received notification that on 26 June 2019, Adam Binks, Chief Executive Officer, purchased 6,400 ordinary shares of 1p each ("Ordinary Shares") at 40.45p each and Martin Audcent, Chief Financial Officer, purchased 59,808 Ordinary Shares at 41.8p each.

As a result of the above purchases, Adam Binks is now beneficially interested in 162,442 Ordinary Shares and Martin Audcent is interested in 59,808 Ordinary Shares, representing 0.33% and 0.12% of the total voting rights of the Company respectively.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1)   Details of the person discharging managerial responsibility 
 a)   Name                            Mr Adam Binks 
     ------------------------------  -------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status                 Chief Executive Officer 
     ------------------------------  -------------------------------- 
 b)   Initial notification            Initial notification 
       /Amendment 
     ------------------------------  -------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                            SysGroup plc 
     ------------------------------  -------------------------------- 
 b)   LEI                             213800D18GPZZJR9SH55 
     ------------------------------  -------------------------------- 
 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                  Ordinary shares of 1p each in 
       the financial instrument,       SysGroup plc 
       type of instrument 
       Identification                  GB00BYT18182 
       code 
     ------------------------------  -------------------------------- 
 b)   Nature of the transaction       Purchase of Ordinary Shares 
     ------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)            Price(s)      Volume(s) 
                                         BUY 40.45p    6,400 
                                                      ---------- 
     ------------------------------  -------------------------------- 
 d)   Aggregated information          As above 
       - Aggregated volume 
       - Price 
     ------------------------------  -------------------------------- 
 e)   Date of the transaction         26 June 2019 
     ------------------------------  -------------------------------- 
 f)   Place of the transaction        London Stock Exchange 
     ------------------------------  -------------------------------- 
 
 
 1)   Details of the person discharging managerial responsibility 
 a)   Name                            Mr Martin Audcent 
     ------------------------------  -------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status                 Chief Financial Officer 
     ------------------------------  -------------------------------- 
 b)   Initial notification            Initial notification 
       /Amendment 
     ------------------------------  -------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                            SysGroup plc 
     ------------------------------  -------------------------------- 
 b)   LEI                             213800D18GPZZJR9SH55 
     ------------------------------  -------------------------------- 
 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                  Ordinary shares of 1p each in 
       the financial instrument,       SysGroup plc 
       type of instrument 
       Identification                  GB00BYT18182 
       code 
     ------------------------------  -------------------------------- 
 b)   Nature of the transaction       Purchase of Ordinary Shares 
     ------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)            Price(s)     Volume(s) 
                                         BUY 41.8p    59,808 
                                                     ---------- 
     ------------------------------  -------------------------------- 
 d)   Aggregated information          As above 
       - Aggregated volume 
       - Price 
     ------------------------------  -------------------------------- 
 e)   Date of the transaction         26 June 2019 
     ------------------------------  -------------------------------- 
 f)   Place of the transaction        London Stock Exchange 
     ------------------------------  -------------------------------- 
 
 
 For further information please contact:             Tel: 0151 559 1777 
  SysGroup plc 
  Adam Binks, CEO 
  Martin Audcent, CFO 
 Shore Capital (Nomad and Broker)                   Tel: 020 7408 4090 
  Edward Mansfield / Daniel Bush / Anita Ghanekar 
 Alma PR (Financial PR)                             Tel: 020 3405 0205 
  Josh Royston / Hilary Buchanan / Helena Bogle 
 

About SysGroup

SysGroup is a leading provider of Managed IT Services, Cloud Hosting, and expert IT Consultancy. The Group delivers solutions that enable clients to understand and benefit from industry leading technologies and advanced hosting capabilities. SysGroup focuses on a customer's strategic and operational requirements - enabling clients to free up resources, grow their core business and avoid the distractions and complexity of delivering IT services.

The Group has offices in Liverpool, Coventry, London, Telford and Bristol.

For more information, visit http://www.sysgroupplc.com

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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June 27, 2019 02:01 ET (06:01 GMT)

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