TIDMSYS

RNS Number : 9918Q

SysGroup PLC

25 February 2019

25 February 2019

SysGroup plc

("SysGroup" or the "Company")

Director/PDMR Shareholding

Further to the participations in the Placing announced on 6 February 2019 by Michael Edelson (Chairman of the Company) and Praetura Group Limited, a closely associated person of Michael Fletcher (Non-Executive Driector of the Company), the Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation.

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 Michael Edelson 
     --------------------------  ---------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status             Chairman 
     --------------------------  ---------------------------------------- 
 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   Purchase of Ordinary Shares pursuant 
                                   to the placing announced on 6 February 
                                   2019 
     --------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     38p        131,579 
                                               ---------- 
     --------------------------  ---------------------------------------- 
 d)   Aggregated information      N/A single transaction 
       - Aggregated volume 
       - Price 
     --------------------------  ---------------------------------------- 
 e)   Date of the transaction     25 February 2019 
     --------------------------  ---------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, AIM 
     --------------------------  ---------------------------------------- 
 
 
   1)        Details of the person discharging managerial responsibility 
   a)        Name                        Praetura Group Limited 
            --------------------------  -------------------------------------------- 
   2         Reason for the notification 
            ------------------------------------------------------------------------ 
   a)        Position/status             Closely associated persion of Michael 
                                          Fletcher, Non-Executive Director 
                                          of the Company 
            --------------------------  -------------------------------------------- 
   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   Purchase of Ordinary Shares pursuant 
                                          to the placing announced on 6 February 
                                          2019 
            --------------------------  -------------------------------------------- 
   c)        Price(s) and volume(s)        Price(s)   Volume(s) 
                                            38p        1,710,526 
                                                      ---------- 
            --------------------------  -------------------------------------------- 
   d)        Aggregated information      N/A single transaction 
              - Aggregated volume 
              - Price 
            --------------------------  -------------------------------------------- 
   e)        Date of the transaction     25 February 2019 
            --------------------------  -------------------------------------------- 
   f)        Place of the transaction    London Stock Exchange, AIM 
            --------------------------  -------------------------------------------- 
 
   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.

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