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SysGroup plc announced that on 03 December 2024, Executive Chairman Heejae Chae purchased 150,000 ordinary shares in the company. The shares were acquired at a price of 23.0 pence per Ordinary Share. Following this transaction, Mr. Chae holds a beneficial interest in 7,857,575 Ordinary Shares, representing approximately 9.47% of SysGroup's issued share capital.
| Date | 3 Dec 2024 |
| Time | 13:00:00 |
| Category | Director/PDMR dealings |
| ID | 6434O |
3 December 2024
SysGroup plc
("SysGroup" or the "Company")
Director/PDMR Dealing
SysGroup plc (AIM:SYS), the technology partner for delivery and management of cloud, data, and security services to power Artificial Intelligence ("AI") and Machine Learning ("ML") transformation, announces that Heejae Chae, Executive Chairman, has today purchased 150,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 23.0 pence per Ordinary Share.
Following the purchase, Heejae has a beneficial interest in 7,857,575 Ordinary Shares, representing approximately 9.47% of the Company's issued share capital.
About SysGroup
SysGroup plc is a managed service provider of end-to-end data solutions enabling us to take our customers on their AI data journey. The Group offers an integrated set of modern technologies that collectively meets our customers end-to-end data needs including connectivity, cloud hosting, delivery, analytics and governance of customer data, as well as a security layer for users and applications.
The Group has offices in Edinburgh, London, Manchester and Newport.
For more information, visit http://www.sysgroup.com
For further information please contact:
SysGroup plc Tel: 0333 101 9000
Heejae Chae, Executive Chairman
Owen Phillips, Chief Financial Officer
Zeus Capital (Nominated Adviser and Broker) Tel: 0161 831 1512
Jordan Warburton
Nick Cowles
Alex Campbel-Harris
Nick Searle
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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(a) |
Name |
Heejae Chae |
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2 |
Reason for the notification |
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(a) |
Position/status |
Executive Chairman |
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(b) |
Initial notification/amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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(a) |
Name |
SysGroup plc |
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(b) |
LEI |
213800D18GPZZJR9SH55 |
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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 |
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(a) |
Description of the financial instrument
Identification code |
Ordinary shares of 1 pence each ("Ordinary Shares")
GB00BYT18182 |
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(b) |
Nature of the transaction |
Purchase of Ordinary Shares |
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(c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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£0.23 |
150,000 |
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(d) |
Aggregated information - Aggregated volume - Price |
As in 4(c) above |
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(e) |
Date of the transaction |
03 December 2024 |
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(f) |
Place of the transaction |
London Stock Exchange |
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