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SYS Sysgroup Plc

19.00
0.00 (0.00%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Sysgroup Investors - SYS

Sysgroup Investors - SYS

Share Name Share Symbol Market Stock Type
Sysgroup Plc SYS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 19.00 08:00:00
Open Price Low Price High Price Close Price Previous Close
19.00 19.00 19.00 19.00 19.00
more quote information »
Industry Sector
MEDIA

Top Investor Posts

Top Posts
Posted at 04/12/2024 16:17 by bamboo2
Notice of Investor Presentation via Investor Meet Company

SysGroup (AIM:SYS), the technology partner for delivery and management of cloud, data and security services to power Artificial Intelligence and Machine Learning transformation, is pleased to announce that Heejae Chae and Owen Phillips will provide a live presentation relating to the Half Year Results via Investor Meet Company at 11:00a.m. GMT on 10 December 2024.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 09:00a.m. GMT on 9 December 2024, or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet SysGroup plc via:



Investors who already follow the Company on the Investor Meet Company platform will automatically be invited.
Posted at 04/12/2024 08:56 by chrisevo
Looks like they have started capitalising internal staff costs, presumably this is work on internal systems project. So that's going to hamper cash conversion ratio but also is another prop to EBITDA. 356k of it, mostly from this H1 25 reported (c.250k). Thats going to need to have its carrying value tested so hope the internal transformation is going well, though write downs will and its amortisation are below the EBITDA line so its a lever atm. At FY24 results investor call we were invited to attend the next one to watch it via VR headsets, wonder if that will still happen given all investor communications/Q&;A are denied at the moment.
Posted at 11/6/2024 07:08 by bamboo2
Recording now available.
Posted at 10/6/2024 11:11 by hastings
Really enjoyed the Investor meet presentation. Looks like a very good team in place and significant growth potential!
Posted at 07/6/2024 07:06 by bamboo2
Retail offer. 33p.

The Retail Offer will be open to eligible investors in the United Kingdom at 8:00 a.m. on 7 June 2024. The Retail Offer is expected to close at 4:30 p.m. on 13 June 2024. Investors should note that financial intermediaries may have earlier closing times. The Retail Offer may close early if it is oversubscribed.
Posted at 07/6/2024 06:29 by bamboo2
6 June 2024

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

Proposed Fundraising to raise approximately £10 million

SysGroup (AIM:SYS) the technology partner for delivery and management of cloud, data and security services to power Artificial Intelligence ("AI") and Machine Learning ("ML") transformation, is delighted to announce a proposed fundraising to conditionally raise approximately £10 million (before expenses) at a price of 33 pence per New Ordinary Share from new and existing Shareholders.

KEY HIGHLIGHTS

· Proposed equity fundraising of approximately £10 million, comprising of a conditional Placing and a conditional Subscription, as well as a conditional Retail Offer to raise up to a further £0.5 million

· Placing to be conducted by way of an ABB launching immediately following this Announcement

· Retail Offer to be launched following the close of the ABB on the BookBuild Platform

· Net proceeds of the proposed Fundraise will be used to fund an internal transformation project, strengthen the balance sheet to provide for ongoing working capital requirements as the business continues to drive growth, as well as liquidity for M&A opportunities, whilst ensuring that the Company remains compliant at all times with its obligations under its existing financing arrangements

· Issue Price of 33 pence per Fundraising Share

· Management to provide an investor presentation at 11:00 a.m. on 10 June 2024

· A General Meeting of the Company's Shareholders will take place at 1:00 p.m. on 24 June 2024

· Zeus is acting as Nominated Adviser, Sole Broker and Bookrunner to the Company in connection with the Fundraise



The Issue Price represents a discount of approximately 5.7 per cent. to the Closing Price of 35.0 pence per Ordinary Share on 5 June 2024, being the last practicable date prior to announcement of the Fundraising.

In addition, each of the Directors, the Company Secretary and certain sophisticated investors have indicated an intention to subscribe for New Ordinary Shares as part of the Subscription.

=============================

7 June 2024

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

Result of Oversubscribed Placing and Subscription

SysGroup (AIM:SYS) the technology partner for delivery and management of cloud, data and security to power Artificial Intelligence ("AI") and Machine Learning ("ML") transformation, announces that, further to the announcement at 5:11 p.m. on 6 June 2024 (the "Announcement"), it has successfully conditionally completed and closed the conditional oversubscribed Placing and Subscription to raise gross proceeds of £11.0 million.

The Placing has conditionally raised gross proceeds of £8.9 million through the placing of 26,939,427 new Ordinary Shares to certain institutional and other investors. The Subscription has raised a further £2.1 million through the subscription of 6,242,423 new Ordinary Shares by Directors, a PDMR and certain sophisticated investors directly with the Company, in each case at the Issue Price of 33 pence per share.

In addition to the Placing and Subscription, the Company is providing all shareholders with the opportunity to subscribe for an aggregate of up to 1,515,151 Retail Offer Shares at the Issue Price, to raise up to approximately £0.5 million. No part of the Placing or Subscription is conditional on the Retail Offer proceeding or on any minimum take-up on the Retail Offer.
Posted at 07/6/2024 06:25 by apotheki
Result of Oversubscribed Placing and Subscription


SysGroup (AIM:SYS) the technology partner for delivery and management of cloud, data and security to power Artificial Intelligence ("AI") and Machine Learning ("ML") transformation, announces that, further to the announcement at 5:11 p.m. on 6 June 2024 (the "Announcement"), it has successfully conditionally completed and closed the conditional oversubscribed Placing and Subscription to raise gross proceeds of £11.0 million.


The Placing has conditionally raised gross proceeds of £8.9 million through the placing of 26,939,427 new Ordinary Shares to certain institutional and other investors. The Subscription has raised a further £2.1 million through the subscription of 6,242,423 new Ordinary Shares by Directors, a PDMR and certain sophisticated investors directly with the Company, in each case at the Issue Price of 33 pence per share.


In addition to the Placing and Subscription, the Company is providing all shareholders with the opportunity to subscribe for an aggregate of up to 1,515,151 Retail Offer Shares at the Issue Price, to raise up to approximately £0.5 million. No part of the Placing or Subscription is conditional on the Retail Offer proceeding or on any minimum take-up on the Retail Offer.


The Fundraising is conditional upon, inter alia, the approval by the Shareholders of the Fundraising Resolutions to be proposed at the General Meeting to be held at 1:00 p.m. on Monday 24 June 2024. A circular, containing further details of the Fundraising, Notice of General Meeting, proxy form and Application Form (together the "Circular") will be despatched to Shareholders today and will be available on the Company's website at hxxps://www.sysgroup.com/about-us/investor-relations/.


It is expected that Admission will occur, and that dealings will become effective on or around 8:00 a.m. on Wednesday 26 June 2024. The Placing Shares, the Subscription Shares and the Retail Offer Shares (together, the "Fundraising Shares") will be issued fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares, including the right to receive all dividends or other distributions made, paid or declared in respect of such shares.
Posted at 07/6/2024 06:20 by apotheki
Heejae Chae, Executive Chairman, commented: "We are pleased with the level of support from our existing shareholders and are delighted to welcome a number of new investors to the register who share our vision for the business in its next stage of growth. We trust that the Retail Offer provides smaller shareholders the opportunity to participate also."
Posted at 07/6/2024 06:18 by apotheki
Result of Oversubscribed Placing and Subscription



SysGroup (AIM:SYS) the technology partner for delivery and management of cloud, data and security to power Artificial Intelligence ("AI") and Machine Learning ("ML") transformation, announces that, further to the announcement at 5:11 p.m. on 6 June 2024 (the "Announcement"), it has successfully conditionally completed and closed the conditional oversubscribed Placing and Subscription to raise gross proceeds of £11.0 million.



The Placing has conditionally raised gross proceeds of £8.9 million through the placing of 26,939,427 new Ordinary Shares to certain institutional and other investors. The Subscription has raised a further £2.1 million through the subscription of 6,242,423 new Ordinary Shares by Directors, a PDMR and certain sophisticated investors directly with the Company, in each case at the Issue Price of 33 pence per share.



In addition to the Placing and Subscription, the Company is providing all shareholders with the opportunity to subscribe for an aggregate of up to 1,515,151 Retail Offer Shares at the Issue Price, to raise up to approximately £0.5 million. No part of the Placing or Subscription is conditional on the Retail Offer proceeding or on any minimum take-up on the Retail Offer.



The Fundraising is conditional upon, inter alia, the approval by the Shareholders of the Fundraising Resolutions to be proposed at the General Meeting to be held at 1:00 p.m. on Monday 24 June 2024. A circular, containing further details of the Fundraising, Notice of General Meeting, proxy form and Application Form (together the "Circular") will be despatched to Shareholders today and will be available on the Company's website at hxxps://www.sysgroup.com/about-us/investor-relations/.



It is expected that Admission will occur, and that dealings will become effective on or around 8:00 a.m. on Wednesday 26 June 2024. The Placing Shares, the Subscription Shares and the Retail Offer Shares (together, the "Fundraising Shares") will be issued fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares, including the right to receive all dividends or other distributions made, paid or declared in respect of such shares.
Posted at 29/5/2024 06:11 by hastings
The Chairman and major holder appears to be really driving the business. If he comes anywhere near replicating his success at SCAPA, there will be a lot of happy investors.

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