26 Jun 2017 11:23
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Press Release | 26 June 2017 |
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System1 Group PLC (AIM: SYS1)
formerly BrainJuicer Group PLC
("System1", or "the Company", or "the Group")
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Exercise of Options
PDMR Shareholding
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The Company announces that on 23 June 2017, it transferred 44,507 ordinary shares of 1 pence each in the Company ("Ordinary Shares") which were held in treasury, to a PDMR on exercise of stock options.
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Following this exercise, the PDMR, Jim Rimmer, subsequently sold 44,507 Ordinary Shares, on market, at a price of 800p per Ordinary Share, on 23 June 2017.
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Following the above transactions the Company holds 762,348 Ordinary Shares as treasury shares (down from 806,855 previously) and its total number of Ordinary Shares with voting rights is now 12,464,425 (up from 12,419,918 previously).
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The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
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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 | Jim Rimmer | ||||
2. | Reason for the notification | |||||
a) | Position / status | PDMR | ||||
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) |
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d) | Aggregated information - Aggregated volume - Aggregated price - Aggregated total | Â N/A - single transaction | ||||
e) | Date of the transaction | 23 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) |
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d) | Aggregated information - Aggregated volume - Aggregated price - Aggregated total |  44,507 Ordinary Shares 800 pence per Ordinary Share Total consideration of £356,056 | ||||
e) | Date of the transaction | 23 June 2017 (UK) | ||||
f) | Place of the transaction | London Stock Exchange | ||||
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The Company can be found at www.system1group.com.
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For further information, please contact:
System1 Group PLC | Tel: +44 (0)20 7043 1000 | Â |
John Kearon, Chief Executive Officer | Â | |
James Geddes, Chief Financial Officer | Â | |
Canaccord Genuity Limited | Tel: +44 (0)20 7523 8000 | |
Simon Bridges / Emma Gabriel | ||
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System1 Group (SYS1)