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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sysgroup Plc | LSE:SYS | London | Ordinary Share | GB00BYT18182 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 30.50 | 30.00 | 31.00 | 30.50 | 30.50 | 30.50 | 1,843 | 07:43:20 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Computer Related Svcs, Nec | 21.65M | -7k | -0.0001 | -3,050.00 | 14.93M |
TIDMSYS
RNS Number : 6993U
SysGroup PLC
16 July 2018
SysGroup plc
("SysGroup" or the "Group")
Grant under Long Term Incentive Plan
SysGroup plc (AIM: SYS), the Managed IT Services and Cloud Hosting provider, announces the grant of 450,000 performance shares with an exercise price of GBP0.01 (the "Award") under the recently announced Long Term Incentive Plan ("LTIP") to Martin Audcent, Chief Financial Officer, who today joined the Board of the Group.
The LTIP was established in June 2018 to incentivise management to deliver long-term value creation for shareholders and ensure alignment with shareholder interests. The Award is subject to the same performance conditions as those set out in the announcement of 29 June 2018.
The Award represents 1.95% of the current issued share capital of the Company.
The Award is also subject to continued employment, malus and clawback provisions and will vest in full on a takeover of the Company.
For further information please contact: SysGroup plc Tel: 0151 559 1777 Adam Binks, CEO Martin Audcent, CFO Shore Capital (Nomad and Broker) Tel: 020 7408 4090 Edward Mansfield / Anita Ghanekar Alma PR (Financial PR) Tel: 020 8004 4218 Josh Royston / Helena Bogle
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 www.sysgroupplc.com.
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 Martin Richard Audcent --- ------------------------ ------------------------------ 2 Reason for the notification --- -------------------------------------------------------- a) Position/status Chief Financial 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 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) --------- ---------- 1p 450,000 --------- ---------- --- ------------------------ ------------------------------ d) Aggregated information - Aggregated As above volume - Price --- ------------------------ ------------------------------ e) Date of the transaction 16 July 2018 --- ------------------------ ------------------------------ f) Place of the N/A transaction --- ------------------------ ------------------------------
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 rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
July 16, 2018 02:00 ET (06:00 GMT)
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