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Director Dealings

18 Jul 2018 16:43

RNS Number : 0796V
SCISYS PLC
18 July 2018
 

The information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014

SCISYS PLC

(SSY: AIM)

Director Dealings

SCISYS PLC ("SCISYS" or "Company"), the supplier of bespoke software systems, IT-based solutions and support services to the Media & Broadcast, Space, Government, Defence and Commercial sectors, announces that Klaus Meng, a Director of the Company, has sold 120,000 ordinary shares of 25p each in the capital of the Company ("Ordinary Shares") to complete his previously announced planned share sale, of which David Coghlan, a Non-Executive Director of SCISYS, has purchased 100,000 Ordinary Shares on behalf of his wife, Genevieve Marie Coghlan and also to be held by Scawton Limited, owned by family trusts of which members of David Coghlan's family are beneficiaries.

Director Name

Title

Shares sold

Shares purchased

Total shares owned post transaction

% total voting rights of Company

Klaus Meng

Director

120,000

 

2,587,826

8.78

David Coghlan

Non-Executive Director

 

100,000

106,276

0.36

Dr Meng was the founder of VCS AG, acquired by SCISYS in 2007, and is a long term SCISYS shareholder. Having completed his planned share sales, Dr Meng will not be selling any further shares in 2018.

The details of the person discharging managerial responsibilities/person closely associated are outlined below.

For further information please contact:

 

SCISYS PLC

 

+44 (0)1249 466 466

Mike Love

Chairman

 

Klaus Heidrich

Chief Executive Officer

 

Chris Cheetham

 

Finance Director

 

finnCap (NOMAD & Broker)

 

+44 (0)20 7220 0500

Julian Blunt

 

Corporate Finance

 

Walbrook PR

 

+44 (0)20 7933 8780

Tom Cooper/Paul Vann

 

+44 (0)797 122 1972

 

 

tom.cooper@walbrookpr.com

 

 

About SCISYS:

Employing around 580 staff, SCISYS group is a leading developer of information and communications technology services, e-business, web and mobile applications, editorial newsroom solutions and advanced technology solutions. The Company operates in a broad spectrum of market sectors, including Media & Broadcast, Space, Government and Defence and Commercial sectors. SCISYS clients are predominantly blue-chip and public-sector organisations. Customers include the Environment Agency, the Ministry of Defence, Airbus Defence & Space, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, RNLI, Pets at Home, Siemens and the National Trust. The Company has UK offices in Chippenham, Bristol, Leicester and Reading and German offices in Bochum, Dortmund, Darmstadt and Munich. More information is available at www.scisys.co.uk.

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Klaus Meng

2

Reason for the notification

a)

Position/status

PDMR - Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

SCISYS PLC

b)

LEI

213800F3DS1G1VBBCW63

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 25p each

 GB0001520757

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

10,000 Ordinary Shares sold at £1.80 on 16/07/2018

10,000 Ordinary Shares sold at £1.73 on 18/07/2018

100,000 Ordinary Shares sold at £1.70 on 18/07/2018

d)

Aggregated information

- Aggregated volume

- Price

 

120,000

£1.71

e

Date of the transaction

16 July 2018

18 July 2018

f)

Place of the transaction

London

 

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Coghlan on behalf of his wife Genevieve Marie Coghlan and Scawton Limited.

2

Reason for the notification

a)

Position/status

PDMR - Non-Executive Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

SCISYS PLC

b)

LEI

213800F3DS1G1VBBCW63

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 financial instrument, type of instrument

 Identification code

Ordinary Shares of 25p each

 GB0001520757

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

100,000 Ordinary Shares purchased at £1.70

d)

Aggregated information

- Aggregated volume

- Price

 

 

e

Date of the transaction

18 July 2018

f)

Place of the transaction

London

 

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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