Exercise of Options and Director Dealing

RNS Number : 3574I

System1 Group PLC

16 June 2017

 

Press Release

16 June 2017

System1 Group PLC (AIM: SYS1)

formerly BrainJuicer Group PLC

("System1", or "the Company", or "the Group")

Exercise of Options

Director Dealing

The Company announces that on 15 June 2017, it transferred 155,134 ordinary shares of 1 pence each in the Company ("Ordinary Shares") which were held in treasury to a Director, Alex Batchelor, on exercise of stock options.

Following this exercise, Alex Batchelor subsequently sold 110,000 Ordinary Shares, on market, at a price of 770p per Ordinary Share (again on 15 June 2017).

Following these transactions: (i) Alex Batchelor holds 179,784 Ordinary Shares (up from 134,650), representing 1.45% of the voting rights of the Company; (ii) the Company holds 806,855 Ordinary Shares as treasury shares (down from 961,989 previously); and (iii) its total number of Ordinary Shares with voting rights is now 12,419,918 (up from 12,264,784 previously).

As previously announced, Alex Batchelor resigned as a Director, with effect from 30 June 2017.

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

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1.	Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA")
a)	Name	Alex Batchelor
2.	Reason for the notification
a)	Position / status	Director (until 30 June 2017)
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	System1 Group PLC
b)	Legal Entity Identifier	n/a
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	Options over Ordinary Shares GB00B1GVQH21
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil cost 155,134 Options
d)	Aggregated information -     Aggregated volume -     Aggregated price -     Aggregated total	N/A - single transaction
e)	Date of the transaction	15 June 2017 (UK)
f)	Place of the transaction	Outside a trading venue
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	Ordinary Shares   GB00B1GVQH21
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 770 pence 25,000 Ordinary Shares 770 pence 85,000 Ordinary Shares
d)	Aggregated information -     Aggregated volume -     Aggregated price -     Aggregated total	110,000 Ordinary Shares 770 pence per Ordinary Share Total consideration of £847,000
e)	Date of the transaction	15 June  2017 (UK)
f)	Place of the transaction	London Stock Exchange

The Company can be found at www.system1group.com.

For further information, please contact:

System1 Group PLC	Tel: [phone]
John Kearon, Chief Executive Officer
James Geddes, Chief Financial Officer
Canaccord Genuity Limited	Tel: [phone]
Simon Bridges / Emma Gabriel

 

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