Last checked at 16 Jun 2017 13:33
Press Release | 16 June 2017 |
System1 Group PLC (AIM: SYS1)
formerly BrainJuicer Group PLC
("System1", or "the Company", or "the Group")
Exercise of Options
Director Dealing
The Company announces that on 15 June 2017, it transferred 155,134 ordinary shares of 1 pence each in the Company ("Ordinary Shares") which were held in treasury to a Director, Alex Batchelor, on exercise of stock options.
Following this exercise, Alex Batchelor subsequently sold 110,000 Ordinary Shares, on market, at a price of 770p per Ordinary Share (again on 15 June 2017).
Following these transactions: (i) Alex Batchelor holds 179,784 Ordinary Shares (up from 134,650), representing 1.45% of the voting rights of the Company; (ii) the Company holds 806,855 Ordinary Shares as treasury shares (down from 961,989 previously); and (iii) its total number of Ordinary Shares with voting rights is now 12,419,918 (up from 12,264,784 previously).
As previously announced, Alex Batchelor resigned as a Director, with effect from 30 June 2017.
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1. | Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA") | |||||||
a) | Name | Alex Batchelor | ||||||
2. | Reason for the notification | |||||||
a) | Position / status | Director (until 30 June 2017) | ||||||
b) | Initial notification / amendment | Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | System1 Group PLC | ||||||
b) | Legal Entity Identifier | n/a | ||||||
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 | Options over Ordinary Shares GB00B1GVQH21 | ||||||
b) | Nature of the transaction | Exercise of options | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Aggregated price - Aggregated total |
N/A - single transaction | ||||||
e) | Date of the transaction | 15 June 2017 (UK) | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
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 | Ordinary Shares GB00B1GVQH21 | ||||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Aggregated price - Aggregated total |
110,000 Ordinary Shares 770 pence per Ordinary Share Total consideration of £847,000 | ||||||
e) | Date of the transaction | 15 June 2017 (UK) | ||||||
f) | Place of the transaction | London Stock Exchange | ||||||
The Company can be found at www.system1group.com.
For further information, please contact:
System1 Group PLC | Tel: +44 (0)20 7043 1000 |
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John Kearon, Chief Executive Officer |
| |
James Geddes, Chief Financial Officer |
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Canaccord Genuity Limited | Tel: +44 (0)20 7523 8000 | |
Simon Bridges / Emma Gabriel | ||