REG - SysGroup PLC - Exercise of Options and Total Voting Rights

SysGroupAnnouncement

19/12/2024 12:45

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RNS Number : 7995Q  SysGroup PLC  19 December 2024

19 December 2024

 

SysGroup plc

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

Exercise of Options and Total Voting Rights

 

SysGroup plc (AIM:SYS), the technology partner for delivery and management of
cloud, data and security services to power Artificial Intelligence ("AI") and
Machine Learning ("ML") transformation, announces that it has received notice
from Martin Audcent, former Chief Financial Officer of the Company, to
exercise share options owed to him pursuant to the 2018 Employee Share Option
Plan, amounting to 300,000 ordinary shares of £0.01 each ("Ordinary Shares")
at an exercise price of £0.01 each ("Options").

To satisfy the exercise of these Options, 300,000 existing Ordinary Shares
will be transferred from treasury on 19 December 2024 (the "Transfer").

 

Total Voting Rights

Following the Transfer, the Company's issued ordinary share capital remains
unchanged at 85,515,091 Ordinary Shares, of which 2,261,394 are held in
treasury. Therefore, the number of Total Voting Rights in the Company will be
83,253,697, and this figure may be used by Shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the voting rights of the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 For further information, please contact:

 SysGroup plc                              Tel: 0333 101 9000
 Heejae Chae, Executive Chairman
 Owen Phillips, Chief Financial Officer

 Zeus (Nominated Adviser and Broker)       Tel: 0161 831 1512
 Jordan Warburton
 Nick Cowles
 Alex Campbell-Harris
 Nick Searle

 

About SysGroup

SysGroup plc is a managed service provider of end-to-end data solutions
enabling us to take our customers on their AI data journey. The Group offers
an integrated set of modern technologies that collectively meets our customers
end-to-end data needs including connectivity, cloud hosting, delivery,
analytics and governance of customer data, as well as a security layer for
users and applications.

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

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

 

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