Business
Exercise of Options and Director Dealing
Exercise of Options and Director Dealing.
About this update from System1 Group Plc
[{"type":"text","content":"\n \nRNS Number : 3574I System1 Group PLC 16 June 2017 \n\n \n \n\n\n\n\nPress Release \n\n\n16 June 2017\n\n\n\n\n \n \nSystem1 Group PLC (AIM: SYS1)\nformerly BrainJuicer Group PLC\n(\"System1\", or \"the Company\", or \"the Group\")\n \nExercise of Options \nDirector Dealing\n \nThe 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. \n \nFollowing 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).\n \nFollowing 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).\n \nAs previously announced, Alex Batchelor resigned as a Director, with effect from 30 June 2017.\n \nThe notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.\n \nNotification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014\n\n\n\n\n1.\n\n\nDetails of the Person discharging managerial responsibilities (\"PDMR\") / person closely associated with them (\"PCA\")\n\n\n\n\na)\n\n\nName\n\n\nAlex Batchelor\n\n\n\n\n2.\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition / status \n\n\nDirector (until 30 June 2017)\n\n\n\n\nb)\n\n\nInitial notification / amendment\n\n\nInitial notification\n\n\n\n\n3.\n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\nSystem1 Group PLC\n\n\n\n\nb)\n\n\nLegal Entity Identifier\n\n\nn/a\n\n\n\n\n4.\n\n\nDetails 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\n\n\n\n\na) \n\n\nDescription of the financial instrument \n\n\nOptions over Ordinary Shares\nGB00B1GVQH21\n\n\n\n\nb)\n\n\nNature of the transaction\n\n...