SCISYS PLC Transaction in Own Shares and Total Voting Rights (3927X)
November 23 2017 - 9:18AM
UK Regulatory
TIDMSSY
RNS Number : 3927X
SCISYS PLC
23 November 2017
SCISYS PLC
("SCISYS" or the "Company")
Transaction in Own Shares 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 today employees have exercised 21,839 options over
ordinary shares of 25p each in the capital of the Company
("Ordinary Shares" and the "Exercise").
The Exercise is being satisfied by the application of 6,000 new
Ordinary Shares to be admitted to trading on AIM ("Admission") with
the balance being satisfied by the transfer of Ordinary Shares held
in treasury. It is expected that Admission will become effective
and trading will commence at 8.00 a.m. on 24 November 2017.
SCISYS also announces that it has today bought back 15,839
Ordinary Shares at a price of 126 pence per Ordinary Share being
the 5 day average closing price of an Ordinary Share (the
"Purchase").
Following the Exercise, Purchase and Admission, the total number
of voting rights in the Company will be 29,295,491 (excluding the
23,167 Ordinary Shares held in treasury). This figure may then 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.
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 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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