SysGroup PLC Exec LTIP Awards (6176C)
June 22 2021 - 2:00AM
UK Regulatory
TIDMSYS
RNS Number : 6176C
SysGroup PLC
22 June 2021
22 June 2021
SysGroup plc
("SysGroup" or the "Company")
Exec LTIP Awards
SysGroup plc (AIM:SYS), the multi award-winning managed IT
services 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 FY21
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 179,675 1,429,675 2.89%
Martin Audcent 107,805 857,805 1.74%
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
Corporate Finance: 4090
Edward Mansfield / Daniel
Bush
Corporate Broking:
Fiona Conroy
Alma PR (Financial PR) Tel: 07780 901979
Josh Royston
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, London, Manchester, Newport
and Telford.
For more information, visit http://www.sysgroup.com
The notifications set out below are provided in accordance with
the requirements of the EU Market Abuse Regulation.
Notification of transactions by persons discharging managerial
responsibilities
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 G rant of LTIP performance shares
-------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 179,675
----------
-------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume As above
- Price
-------------------------- ---------------------------------------
e) Date of the transaction 22 June 2021
-------------------------- ---------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- ---------------------------------------
1) Details of the person discharging managerial responsibility
a) Name Mr Martin Audcent
-------------------------- ---------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Financial 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 G rant of LTIP performance shares
-------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 107,805
----------
-------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume As above
- Price
-------------------------- ---------------------------------------
e) Date of the transaction 22 June 2021
-------------------------- ---------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- ---------------------------------------
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