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REG - SysGroup PLC - Directors Share Purchase




 



RNS Number : 2661K
SysGroup PLC
21 April 2020
 

21 April 2020

 

SysGroup plc
("SysGroup" or the "Company")

Directors Share Purchase

SysGroup PLC (AIM:SYS), the multi award-winning Managed IT Services and Cloud Hosting provider, announces that it has received notification that on 20 April 2020, Adam Binks, Chief Executive Officer, purchased 57,692 ordinary shares of 1p each ("Ordinary Shares") at 26p each and Martin Audcent, Chief Financial Officer, purchased 57,656 Ordinary Shares at 26p each.

In addition, the Company has also been informed that Non-Executive Directors Mike Fletcher and Mark Quartermaine also acquired 76,923 Ordinary Shares each, at a price of 26p per share.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

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

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

BUY 26p

57,692

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

20 April 2020

f)

Place of the transaction

London Stock Exchange

 

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

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

BUY 26p

57,691

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

20 April 2020

f)

Place of the transaction

London Stock Exchange

 

1)

Details of the person discharging managerial responsibility

a)

Name

Mr Michael Fletcher

2

Reason for the notification

a)

Position/status

Non-Executive Director

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

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

BUY 26p

76,923

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

20 April 2020

f)

Place of the transaction

London Stock Exchange

 

1)

Details of the person discharging managerial responsibility

a)

Name

Mark Quartermaine

2

Reason for the notification

a)

Position/status

Non-Executive Director

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

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

BUY 26p

76,923

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

20 April 2020

f)

Place of the transaction

London Stock Exchange

 

 

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 / Helena Bogle

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, Newport, Bristol and Telford.

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

 


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.
 
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