Exec LTIP Awards

RNS Number : 6176C

SysGroup PLC

22 June 2021

 

22 June 2021

SysGroup plc

("SysGroup" or the "Company")

Exec LTIP Awards

SysGroup plc (AIM:SYS), the multi award-winning managed IT services and cloud hosting provider, announces that the Remuneration Committee has granted nil cost options over the ordinary shares of 1p each in the Company ("Ordinary Shares") to Adam Binks, Chief Executive Officer and Martin Audcent, Chief Financial Officer under the rules of the 2020 SysGroup Long Term Incentive Plan.

The options granted under the plan relate to the FY21 performance of the Company, and vest 2 years from the date of the grant.

The options that have been awarded to each director are set out below:

Name of Director	Number of options granted over Ordinary Shares	Total number of options over Ordinary Shares	Percentage of issued share capital under option
Adam Binks	179,675	1,429,675	2.89%
Martin Audcent	107,805	857,805	1.74%

For further information please contact: SysGroup plc Adam Binks, Chief Executive Officer Martin Audcent, Chief Financial Officer	Tel: [phone]
Shore Capital  (Nomad and Broker) Corporate Finance: Edward Mansfield / Daniel Bush Corporate Broking: Fiona Conroy	Tel: [phone]
Alma PR (Financial PR) Josh Royston	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, London, Manchester, Newport and Telford.

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

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of transactions by persons discharging managerial responsibilities

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	G rant of LTIP performance shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 179,675
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 June 2021
f)	Place of the transaction	Outside a trading venue

1)	Details of the person discharging managerial responsibility
a)	Name	Mr Martin Audcent
2	Reason for the notification
a)	Position/status	Chief Financial 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	G rant of LTIP performance shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 107,805
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 June 2021
f)	Place of the transaction	Outside a trading venue

 

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