| Press Release |
| 20 January 2021 |
System1 Group PLC (AIM: SYS1)
("System1", or "the Company", or "the Group")
Directors Dealings, Exercise of Options and Total Voting Rights
The Company announces the following directors' dealings:
· John Kearon, Chief Executive Officer of the Company, has sold 43,000 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 172.50 pence per Ordinary Share;
· Stefan Barden, Chief Operating Officer of the Company, purchased 31,000 Ordinary Shares, at a price of 172.50 pence per Ordinary Share; and
· Chris Willford, Chief Financial Officer of the Company, purchased 12,000 Ordinary Shares at a price of 172.50 pence per Ordinary Share.
In addition, an ex employee has exercised share options over 56,568 Ordinary Shares.
A total of 56,568 Ordinary Shares which were previously held in treasury have been utilised to satisfy the exercise of the share options.
Following the above, the Company now holds 510,421 Ordinary Shares as treasury shares and its total number of Ordinary Shares with voting rights is now 12,716,352, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, System1 Group PLC under the FCA's Disclosure Guidance and Transparency Rules.
Following the above directors' dealings:
· Mr. Kearon holds 2,918,235 Ordinary Shares, representing 22.95 per cent. of the Company's total voting rights;
· Mr. Barden holds 815,639 Shares, representing 6.41 per cent. of the Company's total voting rights; and
· Mr. Willford holds 27,000 Ordinary Shares, representing 0.21 per cent. of the Company's total voting rights.
The notifications set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
The Company can be found at www.system1group.com.
For further information, please contact:
| System1 Group PLC | Tel: +44 (0)20 7043 1000 |
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| John Kearon, Chief Executive Officer |
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| Chris Willford, Chief Financial Officer |
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| Canaccord Genuity Limited | Tel: +44 (0)20 7523 8000 | |
| Simon Bridges / Andrew Potts |
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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 | John Kearon | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Chief Executive Officer | ||||
| 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 | 213800TDLR42C3Q9ZB74 | ||||
| 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 | (a) Sale of ordinary shares | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Aggregated price - Aggregated total |
Not applicable | ||||
| e) | Date of the transaction | 19 January 2021 | ||||
| f) | Place of the transaction | London Stock Exchange | ||||
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 | Stefan Barden | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Chief Operating Officer | ||||
| 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 | 213800TDLR42C3Q9ZB74 | ||||
| 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 | Purchase of shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Aggregated price - Aggregated total |
Not applicable | ||||
| e) | Date of the transaction | 19 January 2021 | ||||
| f) | Place of the transaction | London Stock Exchange | ||||
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 | Chris Willford | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Chief Financial Officer | ||||
| 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 | 213800TDLR42C3Q9ZB74 | ||||
| 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 | Purchase of shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Aggregated price - Aggregated total |
Not applicable | ||||
| e) | Date of the transaction | 19 January 2021 | ||||
| f) | Place of the transaction | London Stock Exchange | ||||
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