Director/PDMR Shareholding

RNS Number : 9918Q

SysGroup PLC

25 February 2019

 

25 February 2019

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

Director/PDMR Shareholding

Further to the participations in the Placing announced on 6 February 2019 by Michael Edelson (Chairman of the Company) and Praetura Group Limited, a closely associated person of Michael Fletcher (Non-Executive Driector of the Company), the Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation.

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 Michael Edelson
2	Reason for the notification
a)	Position/status	Chairman
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	Purchase of Ordinary Shares pursuant to the placing announced on 6 February 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) 38p 131,579
d)	Aggregated information - Aggregated volume - Price	N/A single transaction
e)	Date of the transaction	25 February 2019
f)	Place of the transaction	London Stock Exchange, AIM

	1)	Details of the person discharging managerial responsibility
	a)	Name	Praetura Group Limited
	2	Reason for the notification
	a)	Position/status	Closely associated persion of Michael Fletcher, Non-Executive Director of the Company
	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	Purchase of Ordinary Shares pursuant to the placing announced on 6 February 2019
	c)	Price(s) and volume(s)	Price(s) Volume(s) 38p 1,710,526
	d)	Aggregated information - Aggregated volume - Price	N/A single transaction
	e)	Date of the transaction	25 February 2019
	f)	Place of the transaction	London Stock Exchange, AIM
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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