01 December 2016
SysGroup plc
("SysGroup" or the "Group")
Directorate Change, Trading Update and Notice of Results
SysGroup plc (AIM: SYS), the managed services and cloud integrator, announces that it has agreed with Michael Hogan, Chief Financial Officer, that he step down from the Board and leave the Group, with immediate effect.
The Group has sufficient resources within its existing finance function to meet its reporting requirements for the short to medium term. The process to recruit a new Chief Financial Officer has commenced and a further update will be provided in due course.
The Group continues to trade in line with management expectations. Since the disposal of the SME mass market business in July 2016, the Group has redoubled its efforts on developing managed services opportunities while focussing on the integration of System Professional Ltd. The Board will provide a further update when it announces its interim results for the six-month period ended 30 September 2016, on Wednesday 14th December 2016.
For further information please contact: SysGroup plc Chris Evans, Chief Executive |
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
