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Completion of Acquisition and Placing

6 Jul 2016 07:00

RNS Number : 3408D
SysGroup PLC
06 July 2016
 

6 July 2016

SysGroup plc

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

 

Completion of the Acquisition of System Professional Ltd and the Placing

 

SysGroup (AIM: SYS) formerly Daily Internet plc, the managed hosting and cloud integrator, is pleased to announce that, further to the announcement on 5 July 2016, which confirmed that the Resolutions proposed at the General Meeting were all duly passed, the Acquisition of System Professional Ltd has now completed.

The New Ordinary Shares issued in respect of the Proposals will be admitted to trading on the AIM market of the London Stock Exchange at 8.00 a.m. today.

Terms used in this announcement shall have the meanings given to them in the Company's shareholder circular dated 15 June 2016 ("Circular").

The Circular is available on the Company's website www.sysgroup.com

 

For further information, please contact:

SysGroup plc

Chris Evans, Chief Executive

Julie Joyce, Finance Director

 

Tel: 0151 559 1777 

Shore Capital (Nomad and Broker)

Bidhi Bhoma / Edward Mansfield

 

Tel: 020 7408 4090

Newgate Communications

Bob Huxford / Adam Lloyd / Ed Treadwell

Tel: 020 7653 9848

 

About SysGroup

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

The Group has offices in Liverpool, Nottingham, Coventry, London and East Sussex.

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

This information is provided by RNS
The company news service from the London Stock Exchange
 
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