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Director/PDMR Shareholding

25 Feb 2019 09:30

RNS Number : 9918Q
SysGroup PLC
25 February 2019
 

25 February 2019

 

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

Director/PDMR Shareholding

 

Further to the participations in the Placing announced on 6 February 2019 by Michael Edelson (Chairman of the Company) and Praetura Group Limited, a closely associated person of Michael Fletcher (Non-Executive Driector of the Company), the Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation.

 

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 Michael Edelson

2

Reason for the notification

a)

Position/status

Chairman

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 pursuant to the placing announced on 6 February 2019

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

38p

131,579

d)

Aggregated information

- Aggregated volume

- Price

N/A single transaction

e)

Date of the transaction

25 February 2019

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 

1)

Details of the person discharging managerial responsibility

 

a)

Name

Praetura Group Limited

 

2

Reason for the notification

 

a)

Position/status

Closely associated persion of Michael Fletcher, Non-Executive Director of the Company

 

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 pursuant to the placing announced on 6 February 2019

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

38p

1,710,526

 

d)

Aggregated information

- Aggregated volume

- Price

N/A single transaction

 

e)

Date of the transaction

25 February 2019

 

f)

Place of the transaction

London Stock Exchange, AIM

 

For further information please contact:

SysGroup PlcAdam Binks, Chief Executive Officer Martin Audcent, Chief Financial Officer

 

 

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 8004 4218

 

 About SysGroupSysGroup 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 and Telford.

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