Executive LTIP Awards

RNS Number : 7071P

SysGroup PLC

22 June 2022

 

22 June 2022

SysGroup plc

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

Executive LTIP Awards

SysGroup plc (AIM:SYS), the multi award-winning managed IT services, cyber security 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 FY22 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	284,010	1,719,685	3.48%
Martin Audcent	170,406	1,028,211	2.08%

For further information please contact: SysGroup plc Adam Binks, Chief Executive Officer Martin Audcent, Chief Financial Officer	Tel: [phone]
Zeus (Nominated Adviser and Broker) Dan Bate James Edis	Tel: [phone]
Alma PR (Financial PR) Josh Royston Matthew Young	Tel: [phone]

About SysGroup

SysGroup is a leading provider of managed IT services, cloud hosting, cyber security and expert IT consultancy. The Group delivers solutions that enable clients to benefit from industry leading technologies and delivers managed solutions with security, compliance and governance from the core. 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 managing IT services.

The Group has offices in Bristol, Edinburgh, Liverpool, London, Manchester and Newport.

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

 

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