TIDMSYS1

RNS Number : 0184S

System1 Group PLC

03 July 2020

 
   3 July 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 July 2020, Robert Brand, a person discharging managerial responsibility (PDMR) in the Company, has in order to effect a "Bed and ISA" transaction, sold 30,000 Ordinary Shares at a price of GBP0.90 per Ordinary Share and then repurchased into his Individual Savings Account (ISA), the same number of 30,000 Ordinary Shares at a price of GBP0.90 per Ordinary Share. Following the completion of the sale and purchase, his ultimate beneficial ownership is unchanged and remains at 30,000 ordinary shares in total, representing 0.24% 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                            Robert Brand 
     ------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status               Non-Executive Director and Senior 
                                       Independent Director 
     ------------------------------  ---------------------------------------- 
 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) 
                                        90 pence (sale)        30,000 shares 
                                         90 price (purchase)    30,000 shares 
                                                              --------------- 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     Not applicable 
 
 
             *    Aggregated price 
 
 
             *    Aggregated total 
     ------------------------------  ---------------------------------------- 
 e)   Date of the transaction         3 July 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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