SCISYS PLC Transaction in Own Shares (4489F)

TIDMSSY

RNS Number : 4489F

SCISYS PLC

17 May 2017

SCISYS PLC ("SCISYS")

(AIM: SSY)

Transaction in Own Shares

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, pursuant to the share buyback programme (the "Programme") announced on 02 May 2017, the Company today purchased 27,250 ordinary shares of 25 pence each in the capital of the Company ("Ordinary Shares") at a price per Ordinary Share of 109.35 pence ("Buyback Shares") through finnCap Ltd (acting as the Company's broker).

The Buyback Shares, along with any other Ordinary Shares purchased by the Company pursuant to the Programme, will be held in treasury.

Following the purchase of the Buyback Shares, the total number of voting rights in the Company is 29,012,311 (excluding the 73,764 Ordinary Shares held in treasury). This figure may 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.

The schedule below contains detailed information about the purchases made by finnCap on behalf of the Company as part of the Programme.

 
Date of purchase                                              17 May 2017 
Aggregate number of Ordinary Shares                27,250 Ordinary Shares 
 purchased 
The lowest price paid per Ordinary Share  109.35 pence per Ordinary Share 
The highest price paid per Ordinary       109.35 pence per Ordinary Share 
 Share 
The average price paid per Ordinary       109.35 pence per Ordinary Share 
 Share 
 

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 solutions 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, 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

END

POSXDLFFDEFLBBV

(END) Dow Jones Newswires

May 17, 2017 09:29 ET (13:29 GMT)