Director's share purchase

RNS Number : 8193L

SysGroup PLC

24 July 2017

 

24 July 2017

SysGroup plc

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

Director's share purchase

SysGroup (AIM: SYS), announces that it has received notification that on 21 July 2017, Chris Evans, Chief Executive Officer, sold 71,125 ordinary shares of 1p each ("Ordinary Shares") for 40.00p and purchased 74,362 Ordinary Shares at 40.05p for the benefit of his SIPP, a net increase of 3,237 Ordinary Shares.  He further purchased 15,081 Ordinary Shares at a market price of 41.80p and an additional 69,235 Ordinary Shares off-market at a price of 40.00p per Ordinary Share.

As a result of these transactions Mr Evans increased his holding by 87,533 Ordinary Shares, representing 0.38% of the Company's issued share capital. Mr Evans's total interest in the Company is now 1,128,164 Ordinary Shares, representing 4.88% of the total voting rights of the Company.

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) SELL1 40.00p 71,125 BUY1 40.05p 74,362 BUY1 41.80p 300 BUY1 41.80p 14,325 BUY1 41.80p 456 BUY2 40.00p 69,235
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	21 July 2017
f)	Place of the transaction	NEX Exchange1 Off Market2

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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