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Director Share Purchases

27 Jun 2019 07:00

RNS Number : 5708D
SysGroup PLC
27 June 2019
 

27 June 2019

 

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

Director Share Purchases

SysGroup PLC (AIM:SYS), the managed IT services and cloud hosting provider, announces that it has received notification that on 26 June 2019, Adam Binks, Chief Executive Officer, purchased 6,400 ordinary shares of 1p each ("Ordinary Shares") at 40.45p each and Martin Audcent, Chief Financial Officer, purchased 59,808 Ordinary Shares at 41.8p each.

As a result of the above purchases, Adam Binks is now beneficially interested in 162,442 Ordinary Shares and Martin Audcent is interested in 59,808 Ordinary Shares, representing 0.33% and 0.12% of the total voting rights of the Company respectively. 

 

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)

 

Price(s)

Volume(s)

BUY 40.45p

6,400

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

26 June 2019

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)

 

Price(s)

Volume(s)

BUY 41.8p

59,808

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

26 June 2019

f)

Place of the transaction

London Stock Exchange

 

 

For further information please contact:

 

SysGroup plc

Adam Binks, CEO

Martin Audcent, CFO

 

 

 

Tel: 0151 559 1777

 

Shore Capital (Nomad and Broker)

Edward Mansfield / Daniel Bush / Anita Ghanekar

 

Tel: 020 7408 4090

Alma PR (Financial PR)

Josh Royston / Hilary Buchanan / Helena Bogle

 

Tel: 020 3405 0205

 

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, Coventry, London, Telford and Bristol.

 

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

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.
 
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