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System1 Group PLC (SYS1)


Friday 23 April, 2021

System1 Group PLC

Correction re Directors Dealings

RNS Number : 4641W
System1 Group PLC
23 April 2021


Press Release



2 3 April 2021



System1 Group PLC (AIM: SYS1)

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


Exercise of Options, Directors Dealings and Total Voting Rights


The Company announces that John Kearon, Founder and Executive President of the Company, has exercised 116,568 options over ordinary shares of 1 pence each ("Ordinary Shares") and has sold 116,568 Ordinary Shares, in part to fund the relevant tax, at a price of 240 pence per Ordinary Share.

A total of 116,568 Ordinary Shares which were previously held in treasury have been utilised to satisfy the exercise of the share options.

Following the exercise of options and sale of 116,568 Ordinary Shares, Mr. Kearon holds 2,918,235 Ordinary Shares, representing 22.74 per cent. of the issued share capital of the Company (following issue of the 116,568 new Ordinary Shares).

Following the above, the Company now holds 393,853 Ordinary Shares as treasury shares and its total number of Ordinary Shares with voting rights is now 12,832,920, 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 notifications set out below is provided in accordance with the requirements of the EU Market Abuse Regulation. 


The Company can be found at .


For further information, please contact:

System1 Group PLC

Tel: +44 (0)20 7043 1000


John Kearon, Founder and Executive President


Chris Willford, Chief Financial Officer


Canaccord Genuity Limited

Tel: +44 (0)20 7523 8000

Simon Bridges / Andrew Potts


Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014


Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA")



John Kearon


Reason for the notification


Position / status

Founder and Executive President


Initial notification / amendment

Initial notification


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor



System1 Group PLC


Legal Entity Identifier



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


Description of the financial instrument

Ordinary Shares



Nature of the transaction

(a)  Exercise of options

(b)  Sale of ordinary shares


Price(s) and volume(s)



a) 0p

(b) 240p




Aggregated information

- Aggregated volume

- Aggregated price

- Aggregated total


116,568 Ordinary Shares exercised at a price of 0 pence per Ordinary Share

116,568 Ordinary Shares sold at a price of 240 pence per Ordinary Share


Date of the transaction

22 April 2021


Place of the transaction

London Stock Exchange



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