SCISYS PLC Transaction in Own Shares and Total Voting Rights (2812Z)

TIDMSSY

RNS Number : 2812Z

SCISYS PLC

13 December 2017

SCISYS PLC

("SCISYS" or the "Company")

Transaction in Own Shares and Total Voting Rights

SCISYS PLC ("SCISYS"; AIM SSY), the supplier of bespoke software systems, IT-based solutions and support services to the Media & Broadcast, Space, Government, Defence and Commercial sectors, announces that an employee has today exercised 839 options over ordinary shares of 25p each in the capital of the Company ("Ordinary Shares" and the "Exercise"). The Exercise is being satisfied by the transfer of Ordinary Shares held in treasury.

SCISYS also announces that it has today bought back 839 Ordinary Shares at a price of 119 pence per Ordinary Share being the 5 day average closing price of an Ordinary Share (the "Purchase").

Following the Exercise and Purchase, the total number of voting rights in the Company remains unchanged at 29,295,491 (excluding the 23,167 Ordinary Shares held in treasury). This figure may then be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.

For further information please contact:

 
                                             [phone] 
 SCISYS PLC                                   466 
------------------------------------------  -------------------------- 
     Mike Love          Chairman 
---------------------  -------------------  -------------------------- 
     Klaus Heidrich     Chief Executive 
                         Officer 
---------------------  -------------------  -------------------------- 
     Chris Cheetham     Finance Director 
---------------------  -------------------  -------------------------- 
 finnCap (NOMAD 
  & Broker)                                  [phone] 
------------------------------------------  -------------------------- 
     Julian Blunt       Corporate Finance 
---------------------  -------------------  -------------------------- 
 Walbrook PR                                 [phone] 
------------------------------------------  -------------------------- 
     Tom Cooper/Paul 
      Vann                                   [phone] 
------------------------------------------  -------------------------- 
                                             [e-mail] 
 -----------------------------------------  -------------------------- 
 

About SCISYS:

Employing around 500 staff, SCISYS group is a leading developer of Information and Communications Technology services, e-Business, web and mobile applications, editorial newsroom and advanced technology solutions. The Company operates in a broad spectrum of market sectors including Media & Broadcast, Space, Government and Defence and Commercial sectors. SCISYS clients are predominantly blue chip and public sector organisations. Customers include the Environment Agency, the Ministry of Defence, Airbus Defence & Space, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, RNLI, Interflora and the National Trust. The Company has UK offices in Chippenham, Bristol, Leicester and Reading and German offices located in Bochum, Dortmund, Darmstadt and Munich. More information is available at www.scisys.co.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

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December 13, 2017 11:28 ET (16:28 GMT)