SCISYS PLC Director/PDMR Shareholding and Issue of Equity (2670M)
April 26 2018 - 7:36AM
UK Regulatory
TIDMSSY
RNS Number : 2670M
SCISYS PLC
26 April 2018
The information communicated in this announcement includes
inside information for the purposes of Article 7 of Regulation
596/2014
SCISYS PLC
("SCISYS" or the "Company")
Director Dealings, Issue of Equity and 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 David Jones, Deputy Chairman and Chris Cheetham,
Finance Director, have exercised 75,000 and 75,000 Options (the
"Exercise") respectively along with certain other employees. In
total 182,000 Options have been exercised of which 175,500 shares
are being satisfied by the issue of new Ordinary Shares with the
balance being satisfied by shares held in treasury. Application has
been made for the new Ordinary Shares to be admitted to trading on
AIM and dealings are expected to commence on 3 May 2018
("Admission").
SCISYS also announces that it has today bought back 6,500
Ordinary Shares at a price of 154.1 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 is 29,475,991 (excluding the 18,167
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:
+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.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------
a) Name Chris Cheetham
--- ----------------------- -----------------------------
2 Reason for the notification
--- ------------------------------------------------------
a) Position/status Financial Director
--- ----------------------- -----------------------------
b) Initial notification Initial notification
/Amendment
--- ----------------------- -----------------------------
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 75,000 Ordinary Shares of
of the financial 25p each
instrument,
type of instrument GB0001520757
Identification
code
--- ----------------------- -----------------------------
b) Nature of the Exercise of Options
transaction
--- ----------------------- -----------------------------
c) Price(s) and 75,000 Options over Ordinary
volume(s) Shares exercised
--- ----------------------- -----------------------------
d) Aggregated information n/a
- Aggregated n/a
volume n/a
- Price
--- ----------------------- -----------------------------
e Date of the 26 April 2018
transaction
--- ----------------------- -----------------------------
f) Place of the London Stock Exchange, AIM
transaction Market (XLON)
--- ----------------------- -----------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------
a) Name David Jones
--- ----------------------- -----------------------------
2 Reason for the notification
--- ------------------------------------------------------
a) Position/status Deputy Chairman
--- ----------------------- -----------------------------
b) Initial notification Initial notification
/Amendment
--- ----------------------- -----------------------------
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 75,000 Ordinary Shares of
of the financial 25p each
instrument,
type of instrument GB0001520757
Identification
code
--- ----------------------- -----------------------------
b) Nature of the Exercise of Options
transaction
--- ----------------------- -----------------------------
c) Price(s) and 75,000 Options over Ordinary
volume(s) Shares exercised
--- ----------------------- -----------------------------
d) Aggregated information n/a
- Aggregated n/a
volume n/a
- Price
--- ----------------------- -----------------------------
e Date of the 26 April 2018
transaction
--- ----------------------- -----------------------------
f) Place of the London Stock Exchange, AIM
transaction Market (XLON)
--- ----------------------- -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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