Transaction in Own Shares

RNS Number : 3173H

System1 Group PLC

09 March 2018

 

Press Release

9 March 2018

System1 Group PLC (AIM: SYS1)

formerly BrainJuicer Group PLC

("System1", or "the Company", or "the Group")

Transaction in Own Shares

The Company announces that on 9 March 2018, it purchased 10,598 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares"), on the London Stock Exchange at a price of 320p per share, (the "Share Repurchase") pursuant to the Company's announcement of the proposed buyback of option shares at 7.00 a.m. on 9 March 2018. 

The Company will hold these shares in treasury.

Following the Share Repurchase, the total number of Ordinary Shares with voting rights is 12,476,425, 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. The Company now holds 750,348 Ordinary Shares as treasury shares.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Canaccord Genuity Limited on behalf of the Company as part of the buyback.

Schedule of Purchases: 

Shares purchased:	System1 Group PLC
Date of purchase:	9 March 2018
Investment firm:	Canaccord Genuity Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	320 pence	10,958

Individual transactions:

Number of shares purchased	Transaction price (per share)	Time of transaction
10,958	320 pence	12:13 pm (UK)

For further information, please contact:

System1 Group PLC	Tel: [phone]
John Kearon, Chief Executive Officer
James Geddes, Chief Financial Officer
Canaccord Genuity Limited	Tel: [phone]
Simon Bridges / Emma Gabriel

 

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