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21 Apr 2020 09:52
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 /Amendment | Initial notification | ||||
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 the financial instrument, type of instrument Identification code | Ordinary shares of 1p each in SysGroup plc
GB00BYT18182 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | As above | ||||
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 /Amendment | Initial notification | ||||
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 the financial instrument, type of instrument Identification code | Ordinary shares of 1p each in SysGroup plc
GB00BYT18182 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | As above | ||||
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 /Amendment | Initial notification | ||||
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 the financial instrument, type of instrument Identification code | Ordinary shares of 1p each in SysGroup plc
GB00BYT18182 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | As above | ||||
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 /Amendment | Initial notification | ||||
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 the financial instrument, type of instrument Identification code | Ordinary shares of 1p each in SysGroup plc
GB00BYT18182 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | As above | ||||
e) | Date of the transaction | 20 April 2020 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
For further information please contact:
SysGroup PlcAdam Binks, Chief Executive OfficerMartin Audcent, Chief Financial Officer |
Tel: 0151 559 1777
|
Shore Capital (Nomad and Broker) Corporate Finance:Edward Mansfield / Daniel BushCorporate Broking:Fiona Conroy
|
Tel: 020 7408 4090 |
Alma PR (Financial PR)Josh Royston / Helena Bogle | Tel: 07780 901979 |
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
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