Director's Share Purchase

RNS Number : 5597P

SysGroup PLC

11 February 2019

 

11 February 2019

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

Director's Share Purchase

SysGroup PLC (AIM: SYS), the award winning Managed IT Services and Cloud Hosting provider, announces that is has received notification that on 8 February 2019, Adam Binks, Chief Executive Officer, purchased 10,000 ordinary shares of 1p each ("Ordinary Shares") at 41.33p for the benefit of his SIPP.

Following the share purchase Adam Binks' interest in the Company has increased to 156,042 Ordinary Shares, representing 0.67% 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 Adam Binks
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) BUY  41.33p 10,000
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	8 February 2019
f)	Place of the transaction	London Stock Exchange

For further information please contact: SysGroup Plc Adam Binks, Chief Executive Officer Martin Audcent, Chief Financial Officer	Tel: [phone]
Shore Capital (Nomad and Broker) Edward Mansfield/Daniel Bush/Anita Ghanekar	Tel: [phone]
Alma PR (Financial PR) Josh Royston / Hilary Buchanan / Helena Bogle	Tel: [phone]

About SysGroup
SysGroup is a leading provider of Managed IT Services, Cloud Hosting, and expert IT Consultancy. The Group delivers solutions that enable clients to understand and benefit from industry leading technologies and advanced hosting capabilities. SysGroup focuses on a customer's strategic and operational requirements - enabling clients 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 Telford.

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

 

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