TIDMSYS

RNS Number : 3363K

SysGroup PLC

21 April 2020

21 April 2020

Correction: The following amendment has been made to the 'Directors Share Purchase' announcement released on 21 April 2020 at 7am under RNS No 2661K.

Martin Audcent, Chief Financial Officer, purchased 57,691 Ordinary Shares at 26p each, rather than 57,656 Ordinary Shares as originally issued.

All other details remain unchanged. The full amended text is shown below.

SysGroup plc

("SysGroup" or the "Company")

Directors Share Purchase

SysGroup PLC (AIM:SYS), the multi award-winning Managed IT Services and Cloud Hosting provider, announces that it has received notification that on 20 April 2020, Adam Binks, Chief Executive Officer, purchased 57,692 ordinary shares of 1p each ("Ordinary Shares") at 26p each and Martin Audcent, Chief Financial Officer, purchased 57,691 Ordinary Shares at 26p each.

In addition, the Company has also been informed that Non-Executive Directors Mike Fletcher and Mark Quartermaine also acquired 76,923 Ordinary Shares each, at a price of 26p per share.

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 26p     57,692 
                                                    ---------- 
     ------------------------------  -------------------------------- 
 d)   Aggregated information          As above 
       - Aggregated volume 
       - Price 
     ------------------------------  -------------------------------- 
 e)   Date of the transaction         20 April 2020 
     ------------------------------  -------------------------------- 
 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 26p     57,691 
                                                    ---------- 
     ------------------------------  -------------------------------- 
 d)   Aggregated information          As above 
       - Aggregated volume 
       - Price 
     ------------------------------  -------------------------------- 
 e)   Date of the transaction         20 April 2020 
     ------------------------------  -------------------------------- 
 f)   Place of the transaction        London Stock Exchange 
     ------------------------------  -------------------------------- 
 
 
 1)   Details of the person discharging managerial responsibility 
 a)   Name                            Mr Michael Fletcher 
     ------------------------------  -------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status                 Non-Executive Director 
     ------------------------------  -------------------------------- 
 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 26p     76,923 
                                                    ---------- 
     ------------------------------  -------------------------------- 
 d)   Aggregated information          As above 
       - Aggregated volume 
       - Price 
     ------------------------------  -------------------------------- 
 e)   Date of the transaction         20 April 2020 
     ------------------------------  -------------------------------- 
 f)   Place of the transaction        London Stock Exchange 
     ------------------------------  -------------------------------- 
 
 
 1)   Details of the person discharging managerial responsibility 
 a)   Name                            Mark Quartermaine 
     ------------------------------  -------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status                 Non-Executive Director 
     ------------------------------  -------------------------------- 
 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 26p     76,923 
                                                    ---------- 
     ------------------------------  -------------------------------- 
 d)   Aggregated information          As above 
       - Aggregated volume 
       - Price 
     ------------------------------  -------------------------------- 
 e)   Date of the transaction         20 April 2020 
     ------------------------------  -------------------------------- 
 f)   Place of the transaction        London Stock Exchange 
     ------------------------------  -------------------------------- 
 
 
 For further information please 
  contact: 
                                      Tel: 0151 559 
  SysGroup Plc                        1777 
  Adam Binks, Chief Executive 
  Officer 
  Martin Audcent, Chief Financial 
  Officer 
 Shore Capital (Nomad and Broker) 
  Corporate Finance:                  Tel: 020 7408 
  Edward Mansfield / Daniel           4090 
  Bush 
 
  Corporate Broking: 
  Fiona Conroy 
 Alma PR (Financial PR)             Tel: 07780 901979 
  Josh Royston / 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, London, Newport, Bristol and Telford.

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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April 21, 2020 04:52 ET (08:52 GMT)

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