3 September 2025
SysGroup plc
("SysGroup", the "Group", or the "Company")
Grant of Options and Director/PDMR Dealings
SysGroup plc (AIM:SYS), the trusted partner for cloud, cybersecurity, and AI enablement, delivering end to end solutions at the intersection of cybersecurity and digital transformation for the UK mid-market, today announces that on 2 September 2025 the Remuneration Committee of the Board of Directors made share awards over 1,377,910 ordinary shares of £0.01 each under the SysGroup plc Performance Share Plan ("PSP") to the Executive Directors and a person discharging managerial responsibilities ("PDMRs").
In determining the level of awards, the Remuneration Committee carefully considered the prevailing share price. To ensure fairness and alignment with shareholder interests, the proportion of the awards were reduced to reflect the current market value.
The PDMRs are all participants in the SysGroup plc Value Creation Plan ("VCP"), which was approved by shareholders on 26 June 2024. Pursuant to the PSP scheme rules, these awards will not be exercisable until after 26 June 2029, which is the measurement date of the VCP. If the VCP awards vest, any PSP awards that have also vested will be offset, ensuring that participants benefit from only one of the Plans.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Heejae Chae
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| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Group Executive Chairman | |||
| b)
| Initial notification /Amendment
| Initial | |||
| 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 | Ordinary Shares of 1 pence each ("Ordinary Shares") | |||
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| Identification code | GB00BYT18182 | ||||
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| b)
| Nature of the transaction
| Share option awards under the PSP | |||
| c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
| |
| | | £0.01 | 745,075 PSP share options | | |
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| | |
| |
| d)
| Aggregated information |
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| - Aggregated volume | N/A | ||||
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| ||||
| - Price |
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| e)
| Date of the transaction
| 2 September 2025 | |||
| f)
| Place of the transaction
| Off market | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Owen Phillips | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Group Financial Officer | |||
| b)
| Initial notification /Amendment
| Initial | |||
| 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 | Ordinary Shares of 1 pence each ("Ordinary Shares") | |||
|
|
| ||||
| Identification code | GB00BYT18182 | ||||
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|
| ||||
| b)
| Nature of the transaction
| Share option awards under the PSP | |||
| c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
| |
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| £0.01
| 334,328 PSP share options |
| |
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| |
| d)
| Aggregated information |
| |||
|
|
| ||||
| - Aggregated volume | N/A | ||||
|
|
| ||||
| - Price |
| ||||
|
|
| ||||
| e)
| Date of the transaction
| 2 September 2025 | |||
| f)
| Place of the transaction
| Off market | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Wendy Baker
| |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Company Secretary and General Counsel | |||
| b)
| Initial notification /Amendment
| Initial | |||
| 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 | Ordinary Shares of 1 pence each ("Ordinary Shares") | |||
|
| | ||||
| Identification code | GB00BYT18182 | ||||
|
|
| ||||
| b)
| Nature of the transaction
| Share option awards under the PSP | |||
| c)
| Price(s) and volume(s) |
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|
| Price(s) | Volume(s) |
| |
|
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| £0.01 | 298,507 PSP share options |
| |
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| |
| d)
| Aggregated information |
| |||
|
|
| ||||
| - Aggregated volume | N/A | ||||
|
|
| ||||
| - Price |
| ||||
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| ||||
| e)
| Date of the transaction
| 2 September 2025 | |||
| f)
| Place of the transaction
| Off market | |||
| For further information, please contact: |
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|
| |
| SysGroup plc | Tel: 0333 101 9000 |
| Heejae Chae, Executive Chairman | |
| Owen Phillips, Chief Financial Officer | |
|
| |
| Zeus (Nominated Adviser and Broker) | Tel: 0161 831 1512 |
| Jordan Warburton | |
| Emma Burn | |
| Nick Cowles | |
| Nick Searle | |
| | |
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