Last checked at 22 Aug 2017 15:51
22 August 2017
SysGroup plc
("SysGroup" or the "Company" or the "Group")
Director and PDMR share purchases
SysGroup (AIM: SYS), announces that it has received notification that on 22 August July 2017, that Chris Evans, Chief Executive Officer, purchased 14,946 ordinary shares of 1p each ("Ordinary Shares") for an average price of 38.5375p. As a result, Mr Evans increased his holding to 1,143,110 Ordinary Shares, representing 4.95% of the Company's issued share capital.
In addition, Adam Binks, Chief Operating Officer, purchased 12,972 Ordinary Shares at a price of 38.45p. As a result, Mr Binks increased his holding to 118,365 Ordinary Shares, representing 0.51% of the Company's issued share capital.
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 Christopher Neil Evans | ||||||||||
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 | Sale and Purchase of Ordinary Shares | ||||||||||
c) | Price(s) and volume(s) |
| ||||||||||
d) | Aggregated information - Aggregated volume - Price | As above | ||||||||||
e) | Date of the transaction | 22 August 2017 | ||||||||||
f) | Place of the transaction | NEX Exchange | ||||||||||
1) | Details of the person discharging managerial responsibility | |||||
a) | Name | Mr Adam Binks | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Operating Office | ||||
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 | Sale and Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | As above | ||||
e) | Date of the transaction | 22 August 2017 | ||||
f) | Place of the transaction | NEX Exchange | ||||
For further information please contact:
SysGroup plc Chris Evans, CEO Julian Llewellyn, CFO
| Tel: 0151 559 1777 |
Shore Capital (Nomad and Broker) Bidhi Bhoma / Edward Mansfield
| Tel: 020 7408 4090 |
Alma PR (Financial PR) Josh Royston / Hilary Buchanan / Helena Bogle | Tel: 020 8004 4218 |
About SysGroup
SysGroup is a leading provider of Cloud Hosting, Managed Services and expert IT Consultancy. The Group delivers 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, Coventry, London and East Sussex.
For more information, visit http://www.sysgroup.com