18 April 2023
SysGroup plc
("SysGroup" or the "Group")
Exec LTIP Awards
SysGroup plc (AIM:SYS), the multi award-winning technology solutions 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 FY23 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 | 362,709 | 2,082,394 | 4.21% |
| Martin Audcent | 204,024 | 1,232,235 | 2.49% |
| For further information please contact:
SysGroup plc Adam Binks, Chief Executive Officer Martin Audcent, Chief Financial Officer |
Tel: 0151 559 1777
|
|
Liberum (Nomad and Broker) Edward Mansfield Kate Bannatyne Antonia Brown |
Tel: 0203 100 2000 |
|
Josh Royston Matthew Young |
Tel: 07780 901 979 |
About SysGroup
SysGroup is a multi-award-winning technology solutions provider that creates value through technology transformation. Our mission is to supercharge the UK mid-market and we have built our business around our customers' challenges, enabling them to drive productivity, increase their resilience, mitigate risk and become more sustainable. Our bespoke solutions are at the forefront of technology innovation, combining world-class, green technology infrastructure with cutting-edge expertise and best-in-breed partners.
The Group has offices in Bristol, Edinburgh, Liverpool, London, Manchester and Newport.
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 | 18 April 2023 | ||||
| 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 | 18 April 2023 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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