22 June 2021
SysGroup plc
("SysGroup" or the "Company")
Exec LTIP Awards
SysGroup plc (AIM:SYS), the multi award-winning managed IT services and cloud hosting provider, announces that the Remuneration Committee has granted nil cost options over the ordinary shares of 1p each in the Company ("Ordinary Shares") to Adam Binks, Chief Executive Officer and Martin Audcent, Chief Financial Officer under the rules of the 2020 SysGroup Long Term Incentive Plan.
The options granted under the plan relate to the FY21 performance of the Company, and vest 2 years from the date of the grant.
The options that have been awarded to each director are set out below:
| Name of Director | Number of options granted over Ordinary Shares | Total number of options over Ordinary Shares | Percentage of issued share capital under option |
| | | | |
| Adam Binks | 179,675 | 1,429,675 | 2.89% |
| Martin Audcent | 107,805 | 857,805 | 1.74% |
| For further information please contact:
SysGroup plc
|
Tel: 0151 559 1777
|
| Shore Capital (Nomad and Broker)
| Tel: 020 7408 4090 |
| Alma PR (Financial PR) | Tel: 07780 901979 |
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, London, Manchester, Newport and Telford.
For more information, visit http://www.sysgroup.com
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
Notification of transactions by persons discharging managerial responsibilities
| 1) | Details of the person discharging managerial responsibility | |||||
| a) | Name | Mr Adam Binks | ||||
| 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 | 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 | Grant of LTIP performance shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
As above | ||||
| e) | Date of the transaction | 22 June 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1) | Details of the person discharging managerial responsibility | |||||
| a) | Name | Mr Martin Audcent | ||||
| 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 | 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 | Grant of LTIP performance shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
As above | ||||
| e) | Date of the transaction | 22 June 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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