TIDMSYS

RNS Number : 1718H

SysGroup PLC

01 December 2020

1 December 2020

SysGroup plc

("SysGroup" or the "Group")

Dealing in Company Shares

SysGroup PLC (AIM:SYS), the multi award-winning managed IT services and cloud hosting provider, announces that on 1 December 2020, the Company purchased 560,000 ordinary shares of GBP0.01 each in the capital of the Company ("Ordinary Shares") at a price of 35.745 pence per Ordinary Share.

Following this dealing, the total number of Ordinary Shares held as treasury shares by the Company is 560,000. The Ordinary Shares held in treasury will be used to satisfy the future exercise of options under the Group's incentive schemes.

Pursuant to the requirements of the Disclosure Guidance and Transparency Rules, the total number of voting rights in respect of each class of share in issue and admitted to trading on AIM at the date of this announcement is as follows:

 
                       Number of Ordinary   Number of voting rights 
                         Shares in issue 
 Ordinary Shares of 
  1 pence each                 49,419,690                48,859,690 
                      -------------------  ------------------------

The voting rights 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, under the Disclosure Guidance and Transparency Rules.

 
 For further information please 
  contact: 
                                      Tel: 0151 559 
  SysGroup Plc                        1777 
  Adam Binks, Chief Executive 
  Officer 
  Martin Audcent, Chief Financial 
  Officer 
 
   Shore Capital (Nomad and           Tel: 020 7408 
   Broker)                            4090 
   Corporate Finance: 
   Edward Mansfield / Daniel 
   Bush 
 
   Corporate Broking: 
   Fiona Conroy 
 
   Alma PR (Financial PR)             Tel: 07780 
   Josh Royston / Helena Bogle        901979

About SysGroup

SysGroup is a leading provider of Managed IT Services, Cloud Hosting, and expert IT Consultancy. The Group delivers solutions that enable clients to understand and benefit from industry leading technologies and advanced hosting capabilities. SysGroup focuses on a customer's strategic and operational requirements - enabling clients to free up resources, grow their core business and avoid the distractions and complexity of delivering IT services.

The Group has offices in Liverpool, London, Newport and Telford.

For more information, visit http://www.sysgroupplc.com

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(END) Dow Jones Newswires

December 01, 2020 10:30 ET (15:30 GMT)

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