RNS Number : 1619J
System1 Group PLC
26 June 2017
 

 

 

Press Release

26 June 2017

 

 

System1 Group PLC (AIM: SYS1)

formerly BrainJuicer Group PLC

("System1", or "the Company", or "the Group")

 

Exercise of Options

PDMR Shareholding

 

The Company announces that on 23 June 2017, it transferred 44,507 ordinary shares of 1 pence each in the Company ("Ordinary Shares") which were held in treasury, to a PDMR on exercise of stock options.

 

Following this exercise, the PDMR, Jim Rimmer, subsequently sold 44,507 Ordinary Shares, on market, at a price of 800p per Ordinary Share, on 23 June 2017.

 

Following the above transactions the Company holds 762,348 Ordinary Shares as treasury shares (down from 806,855 previously) and its total number of Ordinary Shares with voting rights is now 12,464,425 (up from 12,419,918 previously).

 

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

1.

Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

Jim Rimmer

2.

Reason for the notification

a)

Position / status

PDMR

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

System1 Group PLC

b)

Legal Entity Identifier

n/a

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

Options over Ordinary Shares

GB00B1GVQH21

b)

Nature of the transaction

Exercise of options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil cost

44,507 Options

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

-     Aggregated total

 

N/A - single transaction

e)

Date of the transaction

23 June 2017 (UK)

f)

Place of the transaction

Outside a trading venue

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

Ordinary Shares  

GB00B1GVQH21

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

800 pence

44,507 Ordinary Shares

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

-     Aggregated total

 

44,507 Ordinary Shares

800 pence per Ordinary Share

Total consideration of £356,056

e)

Date of the transaction

23 June 2017 (UK)

f)

Place of the transaction

London Stock Exchange

 

 

 

The Company can be found at www.system1group.com.

 

 

For further information, please contact:

System1 Group PLC

Tel: +44 (0)20 7043 1000

 

John Kearon, Chief Executive Officer


 

James Geddes, Chief Financial Officer


 

Canaccord Genuity Limited

Tel: +44 (0)20 7523 8000

Simon Bridges / Emma Gabriel


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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