REG - SysGroup PLC - Executive LTIP Awards

SysGroupAnnouncement

22/06/2022 07:00

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RNS Number : 7071P  SysGroup PLC  22 June 2022

22 June 2022

 

SysGroup plc

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

 

Executive LTIP Awards

 

SysGroup plc (AIM:SYS), the multi award-winning managed IT services, cyber
security 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 FY22 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        284,010                                         1,719,685                                     3.48%
 Martin Audcent    170,406                                         1,028,211                                     2.08%

 

 For further information please contact:

 SysGroup plc                              Tel: 0151 559 1777

 Adam Binks, Chief Executive Officer

 Martin Audcent, Chief Financial Officer

 Zeus (Nominated Adviser and Broker)       Tel: 0161 831 1512

 Dan Bate

 James Edis
 Alma PR (Financial PR)

 Josh Royston                              Tel: 07780 901 979

 Matthew Young

 

 

About SysGroup

SysGroup is a leading provider of managed IT services, cloud hosting, cyber
security and expert IT consultancy. The Group delivers solutions that enable
clients to benefit from industry leading technologies and delivers managed
solutions with security, compliance and governance from the core. 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 managing IT services.

 

The Group has offices in Bristol, Edinburgh, Liverpool, London, Manchester and
Newport.

 

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

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