SysGroup PLC Executive LTIP Awards (7071P)

TIDMSYS

RNS Number : 7071P

SysGroup PLC

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     Total number     Percentage of 
                        granted over      of options over    issued share 
                      Ordinary Shares     Ordinary Shares    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: 
                                      Tel: 0151 559 
  SysGroup plc                        1777 
  Adam Binks, Chief Executive 
  Officer 
  Martin Audcent, Chief Financial 
  Officer 
 
   Zeus (Nominated Adviser and        Tel: 0161 831 
   Broker)                            1512 
   Dan Bate 
   James Edis 
 
  Alma PR (Financial PR)              Tel: 07780 901 
  Josh Royston                        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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June 22, 2022 02:00 ET (06:00 GMT)

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