SysGroup PLC Director's Share Purchase (5597P)

TIDMSYS

RNS Number : 5597P

SysGroup PLC

11 February 2019

SysGroup plc

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

Director's Share Purchase

SysGroup PLC (AIM: SYS), the award winning Managed IT Services and Cloud Hosting provider, announces that is has received notification that on 8 February 2019, Adam Binks, Chief Executive Officer, purchased 10,000 ordinary shares of 1p each ("Ordinary Shares") at 41.33p for the benefit of his SIPP.

Following the share purchase Adam Binks' interest in the Company has increased to 156,042 Ordinary Shares, representing 0.67% of the total voting rights of the company.

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        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 1p each in SysGroup 
       financial instrument,       plc 
       type of instrument 
       Identification code         GB00BYT18182 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Sale and Purchase of Ordinary Shares 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)      Volume(s) 
                                     BUY 41.33p    10,000 
                                                  ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      As above 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     8 February 2019 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  --------------------------------------- 
 
 
 
   For further information please 
   contact:                              Tel: 0151 559 
   SysGroup Plc                          1777 
   Adam Binks, Chief Executive 
   Officer 
   Martin Audcent, Chief Financial 
   Officer 
 Shore Capital (Nomad and Broker)      Tel: 020 7408 
  Edward Mansfield/Daniel Bush/Anita    4090 
  Ghanekar 
 Alma PR (Financial PR)                Tel: 020 8004 
  Josh Royston / Hilary Buchanan        4218 
  / Helena Bogle

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, Coventry, London and Telford.

For more information, visit http://www.sysgroup.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.

END

DSHFMGGZNRRGLZM

(END) Dow Jones Newswires

February 11, 2019 02:00 ET (07:00 GMT)

Sysgroup (LSE:SYS)
Historical Stock Chart
From Aug 2024 to Sep 2024