Director and PDMR share purchases

RNS Number : 7004O

SysGroup PLC

22 August 2017

 

22 August 2017

SysGroup plc

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

Director and PDMR share purchases

SysGroup (AIM: SYS), announces that it has received notification that on 22 August July 2017, that Chris Evans, Chief Executive Officer, purchased 14,946 ordinary shares of 1p each ("Ordinary Shares") for an average price of 38.5375p. As a result, Mr Evans increased his holding to 1,143,110 Ordinary Shares, representing 4.95% of the Company's issued share capital.

In addition, Adam Binks, Chief Operating Officer, purchased 12,972 Ordinary Shares at a price of 38.45p. As a result, Mr Binks increased his holding to 118,365 Ordinary Shares, representing 0.51% of the Company's issued share capital.

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 Christopher Neil Evans
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
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 the financial instrument, type of instrument Identification code	Ordinary shares of 1p each in SysGroup plc GB00BYT18182
b)	Nature of the transaction	Sale and Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 38.45 780 38.45 12,452 38.80 443 38.45 1271
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 August 2017
f)	Place of the transaction	NEX Exchange

1)	Details of the person discharging managerial responsibility
a)	Name	Mr Adam Binks
2	Reason for the notification
a)	Position/status	Chief Operating Office
b)	Initial notification /Amendment	Initial notification
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 the financial instrument, type of instrument Identification code	Ordinary shares of 1p each in SysGroup plc GB00BYT18182
b)	Nature of the transaction	Sale and Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 38.45 12,972
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 August 2017
f)	Place of the transaction	NEX Exchange

For further information please contact:

SysGroup plc Chris Evans, CEO Julian Llewellyn, CFO	Tel: [phone]
Shore Capital (Nomad and Broker) Bidhi Bhoma / Edward Mansfield	Tel: [phone]
Alma PR (Financial PR) Josh Royston / Hilary Buchanan / Helena Bogle	Tel: [phone]

About SysGroup

SysGroup is a leading provider of Cloud Hosting, Managed Services and expert IT Consultancy. The Group delivers 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, Coventry, London and East Sussex.

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

 

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