9th Oct 2017 14:53
SCISYS PLC
("SCISYS" or the "Company")
PDMR Dealings and Total Voting Rights
SCISYS PLC ("SCISYS"; AIM SSY), the supplier of bespoke software systems, IT-based solutions and support services to the Media & Broadcast, Space, Government, Defence and Commercial sectors, announces that Steve Brignall, Technical Director of the Company, Mike Love, Non-Executive Chairman of the Company and certain other employees (the "Other Employees") have exercised 40,258, 27,300 and 11,995 options over ordinary shares of 25p each in the capital of the Company respectively ("Ordinary Shares" and the "Exercise"). The Exercise is being satisfied by Ordinary Shares held in treasury.
SCISYS also announces that it has today bought 10,317 Ordinary Shares at a price of 97.7 pence per Ordinary Share being the 5 day average closing price of an Ordinary Share (the "Purchase").
Following the Exercise and Purchase, the total number of voting rights in the Company is 29,289,491, (excluding the 23,167 Ordinary Shares held in treasury). This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.
The details of the person discharging managerial responsibilities / person closely associated are outlined below.
For further information please contact:
SCISYS PLC | +44 (0)1249 466 466 | |
Mike Love | Chairman | |
Klaus Heidrich | Chief Executive Officer | |
Chris Cheetham
| Finance Director | |
finnCap (NOMAD & Broker) | +44 (0)20 7220 0500 | |
Julian Blunt
| Corporate Finance | |
Walbrook PR | +44 (0)20 7933 8780 | |
Tom Cooper/Paul Vann | +44 (0)797 122 1972 | |
About SCISYS:
Employing around 500 staff, SCISYS group is a leading developer of Information and Communications Technology services, e-Business, web and mobile applications, editorial newsroom solutions and advanced technology solutions. The Company operates in a broad spectrum of market sectors including Media & Broadcast, Space, Government and Defence and Commercial sectors. SCISYS clients are predominantly blue chip and public sector organisations. Customers include the Environment Agency, the Ministry of Defence, Airbus Defence & Space, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, RNLI, Interflora and the National Trust. The Company has UK offices in Chippenham, Bristol, Leicester and Reading and German offices located in Bochum, Dortmund, Darmstadt and Munich. More information is available at www.scisys.co.uk.
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Steve Brignall |
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 | SCISYS PLC |
b) | LEI | 213800F3DS1G1VBBCW63 |
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 | Ordinary Shares of 25p each
GB0001520757 |
b) | Nature of the transaction | Exercise of Options |
c) | Price(s) and volume(s) | 40,258 Options over Ordinary Shares exercised |
d) | Aggregated information - Aggregated volume - Price | N/A |
e | Date of the transaction | 5 October 2017 |
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
Details of the person discharging managerial responsibilities / person closely associated | |
Name | Mike Love |
Reason for the notification | |
Position/status | PDMR |
Initial notification /Amendment | Initial notification |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
Name | SCISYS PLC |
LEI | 213800F3DS1G1VBBCW63 |
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 | |
Description of the financial instrument, type of instrument
Identification code | Ordinary Shares of 25p each
GB0001520757 |
Nature of the transaction | Exercise of Options |
Price(s) and volume(s) | 27,300 Options over Ordinary Shares exercised |
Aggregated information - Aggregated volume - Price | N/A |
Date of the transaction | 5 October 2017 |
Place of the transaction | London Stock Exchange, AIM Market (XLON) |
Related Shares:
SSY.L