System1 Group PLC Exercise of Options and Director Dealing (3574I)

TIDMSYS1

RNS Number : 3574I

System1 Group PLC

16 June 2017

 
 Press Release   16 June 2017 
 

System1 Group PLC (AIM: SYS1)

formerly BrainJuicer Group PLC

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

Exercise of Options

Director Dealing

The Company announces that on 15 June 2017, it transferred 155,134 ordinary shares of 1 pence each in the Company ("Ordinary Shares") which were held in treasury to a Director, Alex Batchelor, on exercise of stock options.

Following this exercise, Alex Batchelor subsequently sold 110,000 Ordinary Shares, on market, at a price of 770p per Ordinary Share (again on 15 June 2017).

Following these transactions: (i) Alex Batchelor holds 179,784 Ordinary Shares (up from 134,650), representing 1.45% of the voting rights of the Company; (ii) the Company holds 806,855 Ordinary Shares as treasury shares (down from 961,989 previously); and (iii) its total number of Ordinary Shares with voting rights is now 12,419,918 (up from 12,264,784 previously).

As previously announced, Alex Batchelor resigned as a Director, with effect from 30 June 2017.

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                            Alex Batchelor 
---  ------------------------------  ------------------------------------- 
 2.   Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position / status               Director (until 30 June 2017) 
---  ------------------------------  ------------------------------------- 
 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   155,134 Options 
                                       ---------  ---------------- 
---  ------------------------------  ------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     N/A - single transaction 
 
 
             *    Aggregated price 
 
 
             *    Aggregated total 
---  ------------------------------  ------------------------------------- 
 e)   Date of the transaction         15 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)                       ----------  ----------------------- 
                                        770 pence   25,000 Ordinary Shares 
                                       ----------  ----------------------- 
                                        770 pence   85,000 Ordinary Shares 
                                       ----------  ----------------------- 
---  ------------------------------  ------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     110,000 Ordinary Shares 
                                        770 pence per Ordinary Share 
                                        Total consideration of GBP847,000 
             *    Aggregated price 
 
 
             *    Aggregated total 
---  ------------------------------  ------------------------------------- 
 e)   Date of the transaction         15 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 16, 2017 08:33 ET (12:33 GMT)