REG - SysGroup PLC - Exec LTIP Awards

SysGroupAnnouncement

22/06/2021 07:00

RNS Number : 6176C
  
SysGroup PLC
  
22 June 2021
  
 

22 June 2021
SysGroup plc
("SysGroup" or the "Company")
 
Exec LTIP Awards
 
SysGroup plc (AIM:SYS), the multi award-winning managed IT services and cloud hosting provider, announces that the Remuneration Committee has granted nil cost options over the ordinary shares of 1p each in the Company ("Ordinary Shares") to Adam Binks, Chief Executive Officer and Martin Audcent, Chief Financial Officer under the rules of the 2020 SysGroup Long Term Incentive Plan.
 
The options granted under the plan relate to the FY21 performance of the Company, and vest 2 years from the date of the grant. 
 
The options that have been awarded to each director are set out below:
 



Name of Director


Number of options granted over Ordinary Shares


Total number of options over Ordinary Shares


Percentage of issued share capital under option






















Adam Binks


179,675


1,429,675


2.89%




Martin Audcent


107,805


857,805


1.74%



 
 



For further information please contact:
 
SysGroup plc
Adam Binks, Chief Executive Officer

Martin Audcent, Chief Financial Officer
 
 


 
 
Tel: 0151 559 1777
 




Shore Capital (Nomad and Broker)
 Corporate Finance:

Edward Mansfield / Daniel Bush



Corporate Broking:

Fiona Conroy
 
 


Tel: 020 7408 4090




Alma PR (Financial PR)

Josh Royston


Tel: 07780 901979



 
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, London, Manchester, Newport and Telford.


For more information, visit http://www.sysgroup.com
 
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
Notification of transactions by persons discharging managerial responsibilities



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


Grant of LTIP performance shares




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




Nil


179,675








d)


Aggregated information
- Aggregated volume
- Price


 
As above




e)


Date of the transaction


22 June 2021




f)


Place of the transaction


Outside a trading venue










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


Grant of LTIP performance shares




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




Nil


107,805








d)


Aggregated information
- Aggregated volume
- Price


 
As above




e)


Date of the transaction


22 June 2021




f)


Place of the transaction


Outside a trading venue



 
 
 
 
 
 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
MSCPPUQPQUPGGRG