Director/PDMR Shareholding

Summary by AI BETAClose X

System1 Group PLC has issued a correction regarding a PDMR dealing, clarifying that John Kearon sold 2,905,899 ordinary shares, representing 22.90% of the issued share capital and his entire holding, to Brave Bison Group plc on 2 March 2026 for a price of £2.4864 per share. This correction supersedes a previous notification of 2,919,793 shares due to a clerical error by Brave Bison.

Disclaimer*

System1 Group PLC
05 March 2026
 

 

 

../../../../../Desktop/System1_Group_logosetRGB_Pink.png

 

 

                                                      5 March 2026

 

System1 Group PLC (AIM: SYS1)

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

 

PDMR Dealing correction

 

On 2 March 2026 (RNS number: 9731U), System1 Group PLC (AIM: SYS1) announced that it had received notification from John Kearon, Founder of System1 and formerly a Non-Executive Director of the Company, that he had sold 2,919,793 shares in System1, representing 23.01% of the Company's issued share capital, to Brave Bison Group plc ("Brave Bison"). This information was also disclosed by Brave Bison in its announcement on the same day (RNS number: 8932U).

 

The Board of System1 (the "Board") notes the subsequent announcement by Brave Bison on 3 March 2026 (RNS number: 1326V), confirming that as a result of a clerical error, Brave Bison would now be receiving a total of 2,905,899 ordinary shares in System1. The Board confirms that it received notification on 5 March 2026 that John Kearon had sold 2,905,899 ordinary shares in System1, representing 22.90% of the Company's issued share capital and John Kearon's entire shareholding in System1.

The corrected notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

-Ends-

For further information, please contact:

System1 Group PLC

Tel: +44 (0)7467 990147

James Gregory, Chief Executive Officer


Chris Willford, Chief Financial Officer






Canaccord Genuity Limited (Nominated Adviser and Joint Broker)

Tel: +44 (0)20 7523 8000

Simon Bridges / Andrew Potts / Harry Rees


 


Singer Capital Markets (Joint Broker)

Tel: +44 (0)20 7496 3000

James Moat / Sara Hale / James Fischer


 

 

 

 

 



 

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

Non-Executive Director

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)

Price(s)

Volume(s)

£2.4864

 

2,905,899 shares

 

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

-     Aggregated total

 

Not applicable

e)

Date of the transaction

2 March 2026

f)

Place of the transaction

London Stock Exchange

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100