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Press Release |
16 June 2017 |
System1 Group PLC (AIM: SYS1)
formerly BrainJuicer Group PLC
("System1", or "the Company", or "the Group")
Exercise of Options
Director Dealing
The Company announces that on 15 June 2017, it transferred 155,134 ordinary shares of 1 pence each in the Company ("Ordinary Shares") which were held in treasury to a Director, Alex Batchelor, on exercise of stock options.
Following this exercise, Alex Batchelor subsequently sold 110,000 Ordinary Shares, on market, at a price of 770p per Ordinary Share (again on 15 June 2017).
Following these transactions: (i) Alex Batchelor holds 179,784 Ordinary Shares (up from 134,650), representing 1.45% of the voting rights of the Company; (ii) the Company holds 806,855 Ordinary Shares as treasury shares (down from 961,989 previously); and (iii) its total number of Ordinary Shares with voting rights is now 12,419,918 (up from 12,264,784 previously).
As previously announced, Alex Batchelor resigned as a Director, with effect from 30 June 2017.
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
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1. |
Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA") |
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a) |
Name |
Alex Batchelor |
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2. |
Reason for the notification |
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a) |
Position / status |
Director (until 30 June 2017) |
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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 |
System1 Group PLC |
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b) |
Legal Entity Identifier |
n/a |
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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 |
Options over Ordinary Shares GB00B1GVQH21 |
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b) |
Nature of the transaction |
Exercise of options |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Aggregated price - Aggregated total |
N/A - single transaction |
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e) |
Date of the transaction |
15 June 2017 (UK) |
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f) |
Place of the transaction |
Outside a trading venue |
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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 |
Ordinary Shares GB00B1GVQH21 |
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b) |
Nature of the transaction |
Sale of Ordinary Shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Aggregated price - Aggregated total |
110,000 Ordinary Shares 770 pence per Ordinary Share Total consideration of £847,000 |
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e) |
Date of the transaction |
15 June 2017 (UK) |
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f) |
Place of the transaction |
London Stock Exchange |
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The Company can be found at www.system1group.com.
For further information, please contact:
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System1 Group PLC |
Tel: +44 (0)20 7043 1000 |
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John Kearon, Chief Executive Officer |
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James Geddes, Chief Financial Officer |
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Canaccord Genuity Limited |
Tel: +44 (0)20 7523 8000 |
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Simon Bridges / Emma Gabriel |
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