SCISYS PLC Issue of Equity (5706F)

TIDMSSY

RNS Number : 5706F

SCISYS PLC

29 October 2018

SCISYS PLC

("SCISYS" or the "Company")

Issue of Equity

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 exercised 7,500 options over ordinary shares of 25p each in the capital of the Company ("Ordinary Shares" and the "Exercise") which are being satisfied by the issue of new Ordinary Shares. Application has been made for the 7,500 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 02 November 2018 ("Admission").

Following the Exercise and Admission, the total number of voting rights in the Company is 29,584,658 with no 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.

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 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, Thales Alenia Space, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, Radio France, RTL, 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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October 29, 2018 10:45 ET (14:45 GMT)