Completion of Acquisition and Placing

RNS Number : 3408D

SysGroup PLC

06 July 2016

 

6 July 2016

SysGroup plc

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

Completion of the Acquisition of System Professional Ltd and the Placing

SysGroup (AIM: SYS) formerly Daily Internet plc, the managed hosting and cloud integrator, is pleased to announce that, further to the announcement on 5 July 2016, which confirmed that the Resolutions proposed at the General Meeting were all duly passed, the Acquisition of System Professional Ltd has now completed.  

The New Ordinary Shares issued in respect of the Proposals will be admitted to trading on the AIM market of the London Stock Exchange at 8.00 a.m. today.

Terms used in this announcement shall have the meanings given to them in the Company's shareholder circular dated 15 June 2016 ("Circular").

The Circular is available on the Company's website www.sysgroup.com

For further information, please contact:

SysGroup plc Chris Evans, Chief Executive Julie Joyce, Finance Director	Tel: [phone]
Shore Capital (Nomad and Broker) Bidhi Bhoma / Edward Mansfield	Tel: [phone]
Newgate Communications Bob Huxford / Adam Lloyd / Ed Treadwell	Tel: [phone]

About SysGroup

SysGroup is a leading provider of Cloud Hosting, Managed Services and expert IT Consultancy. The Group deliver solutions that ensure clients understand and benefit from industry-leading technologies and advanced hosting capabilities.  The SysGroup team focuses on a customer's strategic and operational requirements - enabling them to free up resources, grow their core business and avoid the distractions and complexity of delivering IT services.

The Group has offices in Liverpool, Nottingham, Coventry, London and East Sussex.

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

 

END

 

 

MSCEAPXSELLKEFF