SYSGROUP PLC — Director's Dealing 2016

Aug 19, 2016

National Storage Mechanism | Additional information

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RNS Number : 6896H

SysGroup PLC

19 August 2016

19 August 2016

SysGroup plc

("SysGroup" or the "Company" or the "Group")

Grant of Options/PDMR Disclosure

SysGroup plc (AIM: SYS), the managed services and cloud integrator, announces that it has awarded a total of 125,000 options over ordinary shares of 1p each in the Company ("Options") to Michael Hogan, Group CFO.  The Options were granted on Mr Hogan's start date with the Group, being 15 August 2016.

The Options were granted under the SysGroup plc EMI Option Scheme and at an exercise price of 60.5p per share (being the mid-market closing price on 12 August 2016).  The Options will vest two years from the grant date subject to Mr Hogan remaining employed by the Group.

The notification below, made in accordance with the requirements of the Market Abuse Regulation, provide further detail.

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

Michael Peter HOGAN

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

N/a - pending

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

Options over Ordinary Shares

ISIN: GB00BYT18182

b)

Nature of the transaction

Grant of EMI options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.605	125,000

d)

Aggregated information

- Aggregated volume

- Price

N/a

e)

Date of the transaction

15 August 2016

f)

Place of the transaction

N/a

For further information please contact: SysGroup plc Chris Evans, CEO Michael Hogan, CFO	Tel: 0151 559 1777
Shore Capital (Nomad and Broker) Bidhi Bhoma / Edward Mansfield	Tel: 020 7408 4090
Newgate Communications Bob Huxford / Adam Lloyd / Ed Treadwell	Tel: 020 7653 9848

About SysGroup

SysGroup is a leading provider of Cloud Hosting, Managed Services and expert IT Consultancy. The Group delivers solutions that ensure clients understand and benefit from industry-leading technologies and advanced hosting capabilities.  The SysGroup team focuses on a customer's strategic and operational requirements - enabling them to free up resources, grow their core business and avoid the distractions and complexity of delivering IT services.

The Group has offices in Liverpool, Coventry, London and East Sussex.

For more information, visit http://www.sysgroup.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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