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Director's Share Purchase

11 Feb 2019 07:00

RNS Number : 5597P
SysGroup PLC
11 February 2019
 

11 February 2019

 

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

Director's Share Purchase

SysGroup PLC (AIM: SYS), the award winning Managed IT Services and Cloud Hosting provider, announces that is has received notification that on 8 February 2019, Adam Binks, Chief Executive Officer, purchased 10,000 ordinary shares of 1p each ("Ordinary Shares") at 41.33p for the benefit of his SIPP.

Following the share purchase Adam Binks' interest in the Company has increased to 156,042 Ordinary Shares, representing 0.67% of the total voting rights of the company.

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

Sale and Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

BUY 41.33p

10,000

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

8 February 2019

f)

Place of the transaction

London Stock Exchange

 

 

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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