SysGroup PLC Director's Share Purchase (5237I)

TIDMSYS

RNS Number : 5237I

SysGroup PLC

26 November 2018

26 November 2018

SysGroup plc

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

Director's Share Purchase

SysGroup PLC (AIM: SYS), the Managed IT Services and Cloud Hosting provider, announces that is has received notification that on 26 November 2018, Adam Binks, Chief Executive Officer, purchased 16,199 ordinary shares of 1p each ("Ordinary Shares") at 44.99p per Ordinary Share.

Adam's total interest in the Company is now 146,042 Ordinary Shares, representing 0.63% 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 Adam Binks 
     ------------------------------  -------------------------------- 
 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 of                  Ordinary shares of 1p each in 
       the financial instrument,       SysGroup plc 
       type of instrument 
       Identification                  GB00BYT18182 
       code 
     ------------------------------  -------------------------------- 
 b)   Nature of the transaction       Purchase of Ordinary Shares 
     ------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)            Price(s)   Volume(s) 
                                         44.99p     16,199 
                                                   ---------- 
     ------------------------------  -------------------------------- 
 d)   Aggregated information          As above 
       - Aggregated volume 
       - Price 
     ------------------------------  -------------------------------- 
 e)   Date of the transaction         26 November 2018 
     ------------------------------  -------------------------------- 
 f)   Place of the transaction        NEX Exchange 
     ------------------------------  -------------------------------- 
 
 
 
   For further information please 
   contact:                                  Tel: [phone] 
   SysGroup Plc                              1777 
   Adam Binks, Chief Executive 
   Officer 
   Martin Audcent, Chief Financial 
   Officer 
 Shore Capital (Nomad and Broker)          Tel: [phone] 
  Edward Mansfield/Anita Ghanekar/Daniel    4090 
  Bush 
 Alma PR (Financial PR)                    Tel: [phone] 
  Josh Royston / Helena Bogle               4218 
 

About SysGroup

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

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

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November 26, 2018 09:40 ET (14:40 GMT)