SysGroup PLC Director's share purchase (8193L)

TIDMSYS

RNS Number : 8193L

SysGroup PLC

24 July 2017

24 July 2017

SysGroup plc

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

Director's share purchase

SysGroup (AIM: SYS), announces that it has received notification that on 21 July 2017, Chris Evans, Chief Executive Officer, sold 71,125 ordinary shares of 1p each ("Ordinary Shares") for 40.00p and purchased 74,362 Ordinary Shares at 40.05p for the benefit of his SIPP, a net increase of 3,237 Ordinary Shares. He further purchased 15,081 Ordinary Shares at a market price of 41.80p and an additional 69,235 Ordinary Shares off-market at a price of 40.00p per Ordinary Share.

As a result of these transactions Mr Evans increased his holding by 87,533 Ordinary Shares, representing 0.38% of the Company's issued share capital. Mr Evans's total interest in the Company is now 1,128,164 Ordinary Shares, representing 4.88% 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 Christopher Neil Evans 
---  -----------------------  ------------------------------- 
 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              Ordinary shares of 1p each 
       of the financial         in SysGroup plc 
       instrument, 
       type of instrument       GB00BYT18182 
       Identification 
       code 
---  -----------------------  ------------------------------- 
 b)   Nature of the            Sale and Purchase of Ordinary 
       transaction              Shares 
---  -----------------------  ------------------------------- 
 c)   Price(s) and               Price(s)          Volume(s) 
       volume(s)                 ----------------  ---------- 
                                  SELL(1) 40.00p    71,125 
                                 ----------------  ---------- 
                                  BUY(1) 40.05p     74,362 
                                 ----------------  ---------- 
                                  BUY(1) 41.80p     300 
                                 ----------------  ---------- 
                                  BUY(1) 41.80p     14,325 
                                 ----------------  ---------- 
                                  BUY(1) 41.80p     456 
                                 ----------------  ---------- 
                                  BUY(2) 40.00p     69,235 
                                 ----------------  ---------- 
---  -----------------------  ------------------------------- 
 d)   Aggregated information   As above 
       - Aggregated 
       volume 
       - Price 
---  -----------------------  ------------------------------- 
 e)   Date of the              21 July 2017 
       transaction 
---  -----------------------  ------------------------------- 
 f)   Place of the             NEX Exchange(1) 
       transaction              Off Market(2) 
---  -----------------------  ------------------------------- 
 

For further information please contact:

 
 SysGroup plc               Tel: [phone] 
  Chris Evans, CEO           1777 
  Julian Llewellyn, CFO 
 Shore Capital (Nomad       Tel: [phone] 
  and Broker)                4090 
  Bidhi Bhoma / Edward 
  Mansfield 
 Alma PR (Financial PR)     Tel: [phone] 
  Josh Royston / Hilary      4218 
  Buchanan / Helena Bogle 
 

About SysGroup

SysGroup is a leading provider of Cloud Hosting, Managed Services and expert IT Consultancy. The Group delivers solutions that ensure clients understand and benefit from industry-leading technologies and advanced hosting capabilities. The SysGroup team focuses on a customer's strategic and operational requirements - enabling them 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 East Sussex.

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

This information is provided by RNS

The company news service from the London Stock Exchange

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July 24, 2017 02:00 ET (06:00 GMT)