Business
Exercise of options and director dealing
Exercise of options and director dealing.
About this update from Sysgroup Plc
[{"type":"text","content":"\n\n26 May 2023\n \nSysGroup plc\n \n(\"SysGroup\" or \"Company\")\n \nExercise of options, director dealing and purchase of shares into treasury\n \nIssue of equity and exercise of share options\n \nSysGroup plc (AIM:SYS), further to the earlier announcement today, announces it has issued 2,076,394 ordinary shares of 1p each (\"Ordinary Shares\") in the capital of the Company following notification by Adam Binks, Chief Executive Officer that he has exercised options over 2,076,394 Ordinary Shares in the Company which have vested by agreement of the Company under the 2018 and 2020 SysGroup Long Term Incentive Plans.\n \nAdam Binks has sold and and the Company has purchased, a total of 2,076,394 Ordinary Shares at a price of £0.375 per Ordinary Share.\n \nAdmission to trading and total voting rights\n \nFollowing admission to trading of the Ordinary Shares, which is expected to take place on 2 June 2023, the Company's total number of Ordinary Shares in issue will increase to 51,496,084 and the number of shares held in treasury will be 2,636,394 representing 5.12% of the Company's issued share capital. Therefore the number of voting rights in the company will be 48,859,690.\n \n\n\n\nFor further information please contact:\n \nSysGroup plc\nAdam Binks, Chief Executive Officer\nMartin Audcent, Chief Financial Officer\n\n\n \n \nTel: 0151 559 1777\n \n\n\n\n\n \nLiberum (Nomad and Broker)\nEdward Mansfield\n \n\n\n \nTel: 0203 100 2000\n\n\n\n\n\nAlma PR (Financial PR)\nJosh Royston\nMatthew Young\n\n\n \nTel: 07780 901 979\n\n\n\n \nAbout SysGroup\nSysGroup is a multi-award-winning technology solutions provider that creates value through technology transformation. Our mission is to supercharge the UK mid-market and we have built our business around our customers' challenges, enabling them to drive productivity, increase their resilience, mitigate risk and become more sustainable. Our bespoke solutions are at the forefront of technology innovation, combining world-class, green technology infrastructure with cutting-edge expertise and best-in-breed partners.\n \nThe Group has offices in Bristol, Edinburgh, Liverpool, London, Manchester and Newport.\n \nFor more information, visit http://www.sysgroup.com\n \nNotification and public...