Exec LTIP Awards

RNS Number : 6176C
SysGroup PLC
22 June 2021
 

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
Adam Binks, Chief Executive Officer
Martin Audcent, Chief Financial Officer

 

 

 

 

Tel: 0151 559 1777

 

Shore Capital  (Nomad and Broker)
Corporate Finance:
Edward Mansfield / Daniel Bush

Corporate Broking:
Fiona Conroy

 

 

Tel: 020 7408 4090

Alma PR (Financial PR)
Josh Royston

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

G rant of LTIP performance shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

179,675

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

G rant of LTIP performance shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

107,805

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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