System1 Group PLC Director/PDMR Shareholding (1619J)

TIDMSYS1

RNS Number : 1619J

System1 Group PLC

26 June 2017

 
 Press Release   26 June 2017 
 

System1 Group PLC (AIM: SYS1)

formerly BrainJuicer Group PLC

("System1", or "the Company", or "the Group")

Exercise of Options

PDMR Shareholding

The Company announces that on 23 June 2017, it transferred 44,507 ordinary shares of 1 pence each in the Company ("Ordinary Shares") which were held in treasury, to a PDMR on exercise of stock options.

Following this exercise, the PDMR, Jim Rimmer, subsequently sold 44,507 Ordinary Shares, on market, at a price of 800p per Ordinary Share, on 23 June 2017.

Following the above transactions the Company holds 762,348 Ordinary Shares as treasury shares (down from 806,855 previously) and its total number of Ordinary Shares with voting rights is now 12,464,425 (up from 12,419,918 previously).

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

 
 1.   Details of the Person discharging managerial 
       responsibilities ("PDMR") / person closely 
       associated with them ("PCA") 
---  --------------------------------------------------------------------- 
 a)   Name                            Jim Rimmer 
---  ------------------------------  ------------------------------------- 
 2.   Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position / status               PDMR 
---  ------------------------------  ------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
---  ------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                            System1 Group PLC 
---  ------------------------------  ------------------------------------- 
 b)   Legal Entity                    n/a 
       Identifier 
---  ------------------------------  ------------------------------------- 
 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                  Options over Ordinary Shares 
       the financial                   GB00B1GVQH21 
       instrument 
---  ------------------------------  ------------------------------------- 
 b)   Nature of the                   Exercise of options 
       transaction 
---  ------------------------------  ------------------------------------- 
 c)   Price(s) and                     Price(s)   Volume(s) 
       volume(s)                       ---------  --------------- 
                                        Nil cost   44,507 Options 
                                       ---------  --------------- 
---  ------------------------------  ------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     N/A - single transaction 
 
 
             *    Aggregated price 
 
 
             *    Aggregated total 
---  ------------------------------  ------------------------------------- 
 e)   Date of the transaction         23 June 2017 (UK) 
---  ------------------------------  ------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
---  ------------------------------  ------------------------------------- 
 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 
       the financial                   GB00B1GVQH21 
       instrument 
---  ------------------------------  ------------------------------------- 
 b)   Nature of the                   Sale of Ordinary Shares 
       transaction 
---  ------------------------------  ------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                       ----------  ----------------------- 
                                        800 pence   44,507 Ordinary Shares 
                                       ----------  ----------------------- 
---  ------------------------------  ------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     44,507 Ordinary Shares 
                                        800 pence per Ordinary Share 
                                        Total consideration of GBP356,056 
             *    Aggregated price 
 
 
             *    Aggregated total 
---  ------------------------------  ------------------------------------- 
 e)   Date of the transaction         23 June 2017 (UK) 
---  ------------------------------  ------------------------------------- 
 f)   Place of the                    London Stock Exchange 
       transaction 
---  ------------------------------  ------------------------------------- 
 

The Company can be found at www.system1group.com.

For further information, please contact:

 
 System1 Group PLC               Tel: +44 (0)20 
                                      7043 1000 
 John Kearon, Chief Executive 
  Officer 
 James Geddes, Chief Financial 
  Officer 
 Canaccord Genuity Limited         Tel: +44 (0)20 
                                        7523 8000 
 Simon Bridges / Emma Gabriel 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 26, 2017 06:23 ET (10:23 GMT)