SCISYS PLC Transaction in Own Shares (6042F)
May 18 2017 - 11:32AM
UK Regulatory
TIDMSSY
RNS Number : 6042F
SCISYS PLC
18 May 2017
SCISYS PLC ("SCISYS")
(AIM: SSY)
Transaction in Own Shares
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, pursuant to the share buyback programme (the
"Programme") announced on 02 May 2017, the Company today purchased
27,432 ordinary shares of 25 pence each in the capital of the
Company ("Ordinary Shares") at a price per Ordinary Share of 109.10
pence ("Buyback Shares") through finnCap Ltd (acting as the
Company's broker).
The Buyback Shares, along with any other Ordinary Shares
purchased by the Company pursuant to the Programme, will be held in
treasury.
Following the purchase of the Buyback Shares, the total number
of voting rights in the Company is 28,985,718 (excluding the
100,357 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 schedule below contains detailed information about the
purchases made by finnCap on behalf of the Company as part of the
Programme.
Date of purchase 18 May 2017
Aggregate number of Ordinary Shares 27,432 Ordinary Shares
purchased
The lowest price paid per Ordinary Share 109.10 pence per Ordinary Share
The highest price paid per Ordinary 109.10 pence per Ordinary Share
Share
The average price paid per Ordinary 109.10 pence per Ordinary Share
Share
For further information please contact:
+44 (0)1249 466
SCISYS PLC 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
------------------------------------------ --------------------------
tom.cooper@walbrookpr.com
----------------------------------------- --------------------------
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, Darmstadt and Munich.
More information is available at www.scisys.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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