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RNS Number : 5566V System1 Group PLC 05 March 2026
5 March 2026
System1 Group PLC (AIM: SYS1)
("System1", or "the Company", or "the Group")
PDMR Dealing correction
On 2 March 2026 (RNS number: 9731U), System1 Group PLC (AIM: SYS1) announced
that it had received notification from John Kearon, Founder of System1 and
formerly a Non-Executive Director of the Company, that he had sold 2,919,793
shares in System1, representing 23.01% of the Company's issued share capital,
to Brave Bison Group plc ("Brave Bison"). This information was also disclosed
by Brave Bison in its announcement on the same day (RNS number: 8932U).
The Board of System1 (the "Board") notes the subsequent announcement by Brave
Bison on 3 March 2026 (RNS number: 1326V), confirming that as a result of a
clerical error, Brave Bison would now be receiving a total of 2,905,899
ordinary shares in System1. The Board confirms that it received notification
on 5 March 2026 that John Kearon had sold 2,905,899 ordinary shares in
System1, representing 22.90% of the Company's issued share capital and John
Kearon's entire shareholding in System1.
The corrected notification set out below is provided in accordance with the
requirements of the EU Market Abuse Regulation.
-Ends-
For further information, please contact:
System1 Group PLC Tel: +44 (0)7467 990147
James Gregory, Chief Executive Officer
Chris Willford, Chief Financial Officer
Canaccord Genuity Limited (Nominated Adviser and Joint Broker) Tel: +44 (0)20 7523 8000
Simon Bridges / Andrew Potts / Harry Rees
Singer Capital Markets (Joint Broker) Tel: +44 (0)20 7496 3000
James Moat / Sara Hale / James Fischer
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 John Kearon
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 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 Purchase of shares
c) Price(s) and volume(s) Price(s) Volume(s)
£2.4864 2,905,899 shares
d) Aggregated information
- Aggregated volume Not applicable
- Aggregated price
- Aggregated total
e) Date of the transaction 2 March 2026
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
Not applicable
e)
Date of the transaction
2 March 2026
f)
Place of the transaction
London Stock Exchange
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