24 May 2017 15:04
SCISYS PLC ("SCISYS")
(AIM: SSY)
PDMR Dealing, Transaction in Own Shares and Total Voting Rights
SCISYS PLC ("SCISYS"; AIM SSY), the supplier of bespoke software systems, IT-based solutions and support services to the Media & Broadcast, Space, Government, Defence and Commercial sectors, announces that David Jones, a PDMR of the Company, and a former employee of the company have exercised 27,300 and 10,000 options over Ordinary Shares respectively (the "Exercise"). The Exercise is being satisfied by the issue of Ordinary Shares currently held in treasury.
The Company also announces that, pursuant to the share buyback programme (the "Programme") announced on 02 May 2017, the Company today purchased 16,000 ordinary shares of 25 pence each in the capital of the Company ("Ordinary Shares") at a price per Ordinary Share of 109.822 pence ("Buyback Shares") through finnCap Ltd (acting as the Company's broker).
The Buyback Shares, along with any other Ordinary Shares purchased by the Company pursuant to the Programme, will be held in treasury.
Following the purchase of the Buyback Shares and the Exercise, the total number of voting rights in the Company is 28,995,892 (excluding the 90,183 Ordinary Shares held in treasury). This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.
The schedule below contains detailed information about the purchases made by finnCap on behalf of the Company as part of the Programme.
Date of purchase | 24 May 2017 |
Aggregate number of Ordinary Shares purchased | 16,000 Ordinary Shares |
The lowest price paid per Ordinary Share | 109.822 pence per Ordinary Share |
The highest price paid per Ordinary Share | 109.822 pence per Ordinary Share |
The average price paid per Ordinary Share | 109.822 pence per Ordinary Share |
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 500 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, Interflora and the National Trust. The Company has UK offices in Chippenham, Bristol, Leicester and Reading and German offices located in Bochum, 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 | David Jones |
2 | Reason for the notification | |
a) | Position/status | PDMR |
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 | Exercise of Options |
c) | Price(s) and volume(s) | 27,300 Options over Ordinary Shares exercised |
d) | Aggregated information - Aggregated volume - Price | N/A |
e | Date of the transaction | 24 May 2017 |
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |