SCISYS PLC Director Dealings (0796V)

TIDMSSY

RNS Number : 0796V

SCISYS PLC

18 July 2018

The information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014

SCISYS PLC

(SSY: AIM)

Director Dealings

SCISYS PLC ("SCISYS" or "Company"), the supplier of bespoke software systems, IT-based solutions and support services to the Media & Broadcast, Space, Government, Defence and Commercial sectors, announces that Klaus Meng, a Director of the Company, has sold 120,000 ordinary shares of 25p each in the capital of the Company ("Ordinary Shares") to complete his previously announced planned share sale, of which David Coghlan, a Non-Executive Director of SCISYS, has purchased 100,000 Ordinary Shares on behalf of his wife, Genevieve Marie Coghlan and also to be held by Scawton Limited, owned by family trusts of which members of David Coghlan's family are beneficiaries.

 
 Director         Title            Shares sold   Shares       Total shares   % total 
  Name                                            purchased    owned post     voting rights 
                                                               transaction    of Company 
 Klaus Meng       Director         120,000                    2,587,826      8.78 
                 ---------------  ------------  -----------  -------------  --------------- 
                  Non-Executive 
 David Coghlan     Director                      100,000      106,276        0.36 
                 ---------------  ------------  -----------  -------------  --------------- 
 

Dr Meng was the founder of VCS AG, acquired by SCISYS in 2007, and is a long term SCISYS shareholder. Having completed his planned share sales, Dr Meng will not be selling any further shares in 2018.

The details of the person discharging managerial responsibilities/person closely associated are outlined below.

For further information please contact:

 
 SCISYS PLC                                       [phone] 
     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 580 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, Pets at Home, Siemens and the National Trust. The Company has UK offices in Chippenham, Bristol, Leicester and Reading and German offices in Bochum, Dortmund, Darmstadt and Munich. More information is available at www.scisys.co.uk.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Klaus Meng 
     --------------------------  ---------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status             PDMR - Director 
     --------------------------  ---------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ---------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------- 
 a)   Name                        SCISYS PLC 
     --------------------------  ---------------------------------------- 
 b)   LEI                         213800F3DS1G1VBBCW63 
     --------------------------  ---------------------------------------- 
 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 25p each 
       financial instrument,       GB0001520757 
       type of instrument 
       Identification code 
     --------------------------  ---------------------------------------- 
 b)   Nature of the transaction   Sale of Ordinary Shares 
     --------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)      10,000 Ordinary Shares sold at GBP1.80 
                                   on 16/07/2018 
                                   10,000 Ordinary Shares sold at GBP1.73 
                                   on 18/07/2018 
                                   100,000 Ordinary Shares sold at 
                                   GBP1.70 on 18/07/2018 
     --------------------------  ---------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          120,000 
       - Price                      GBP1.71 
     --------------------------  ---------------------------------------- 
 e    Date of the transaction     16 July 2018 
                                   18 July 2018 
     --------------------------  ---------------------------------------- 
 f)   Place of the transaction    London 
     --------------------------  ---------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        David Coghlan on behalf of his wife 
                                   Genevieve Marie Coghlan and Scawton 
                                   Limited. 
     --------------------------  ------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------- 
 a)   Position/status             PDMR - Non-Executive Director 
     --------------------------  ------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------- 
 a)   Name                        SCISYS PLC 
     --------------------------  ------------------------------------- 
 b)   LEI                         213800F3DS1G1VBBCW63 
     --------------------------  ------------------------------------- 
 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 25p each 
       financial instrument,       GB0001520757 
       type of instrument 
       Identification 
       code 
     --------------------------  ------------------------------------- 
 b)   Nature of the transaction   Purchase of Ordinary Shares 
     --------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)      100,000 Ordinary Shares purchased 
                                   at GBP1.70 
     --------------------------  ------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume 
       - Price 
     --------------------------  ------------------------------------- 
 e    Date of the transaction     18 July 2018 
     --------------------------  ------------------------------------- 
 f)   Place of the transaction    London 
     --------------------------  ------------------------------------- 
 

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July 18, 2018 11:43 ET (15:43 GMT)