System1 Group PLC Transaction in Own Shares (3173H)

TIDMSYS1

RNS Number : 3173H

System1 Group PLC

09 March 2018

 
 Press Release   9 March 2018 
 

System1 Group PLC (AIM: SYS1)

formerly BrainJuicer Group PLC

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

Transaction in Own Shares

The Company announces that on 9 March 2018, it purchased 10,598 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares"), on the London Stock Exchange at a price of 320p per share, (the "Share Repurchase") pursuant to the Company's announcement of the proposed buyback of option shares at 7.00 a.m. on 9 March 2018.

The Company will hold these shares in treasury.

Following the Share Repurchase, the total number of Ordinary Shares with voting rights is 12,476,425, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, System1 Group PLC under the FCA's Disclosure Guidance and Transparency Rules. The Company now holds 750,348 Ordinary Shares as treasury shares.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Canaccord Genuity Limited on behalf of the Company as part of the buyback.

Schedule of Purchases:

 
  Shares purchased:   System1 Group PLC 
  Date of purchase:   9 March 2018 
  Investment firm:    Canaccord Genuity Limited 
 

Aggregate information:

 
Venue                   Volume-weighted         Aggregated volume 
                         average price, pence 
London Stock Exchange   320 pence               10,958 
 

Individual transactions:

 
Number of shares  Transaction price  Time of transaction 
 purchased         (per share) 
10,958            320 pence          12:13 pm (UK) 
 

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

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March 09, 2018 10:30 ET (15:30 GMT)