REG - System1 Group PLC - Director/PDMR Shareholding
RNS Number : 0184SSystem1 Group PLC03 July 2020
3 July 2020
System1 Group PLC (AIM: SYS1)
("System1", or "the Company", or "the Group")
Director / PDMR Shareholding
System1 Group plc (AIM: SYS1) announces that it has been informed that, on 3 July 2020, Robert Brand, a person discharging managerial responsibility (PDMR) in the Company, has in order to effect a "Bed and ISA" transaction, sold 30,000 Ordinary Shares at a price of £0.90 per Ordinary Share and then repurchased into his Individual Savings Account (ISA), the same number of 30,000 Ordinary Shares at a price of £0.90 per Ordinary Share. Following the completion of the sale and purchase, his ultimate beneficial ownership is unchanged and remains at 30,000 ordinary shares in total, representing 0.24% of the Company's total voting rights.
This announcement, including the notification below, is made in accordance with the requirements of the EU Market Abuse Regulation.
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
Robert Brand
2.
Reason for the notification
a)
Position / status
Non-Executive Director and Senior Independent Director
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
213800TDLR42C3Q9ZB74
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 and purchase of shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
90 pence (sale)
90 price (purchase)
30,000 shares
30,000 shares
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
Not applicable
e)
Date of the transaction
3 July 2020
f)
Place of the transaction
London Stock Exchange
The Company can be found at www.system1group.com.
For further information, please contact:
System1 Group PLC
Tel: +44 (0)20 7043 1000
John Kearon, Chief Executive Officer
Chris Willford, Chief Financial Officer
Canaccord Genuity Limited
Tel: +44 (0)20 7523 8000
Simon Bridges / Andrew Potts
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.ENDDSHSSSFFDESSEEW
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