19 December 2024
SysGroup
plc
("SysGroup", the
"Group", or the
"Company")
Exercise of Options and Total
Voting Rights
SysGroup plc (AIM:SYS), the
technology partner for delivery and management of cloud, data and
security services to power Artificial Intelligence ("AI") and
Machine Learning ("ML") transformation, announces that it has
received notice from Martin Audcent, former Chief Financial Officer
of the Company, to exercise share options owed to him pursuant to
the 2018 Employee Share Option Plan, amounting to 300,000 ordinary
shares of £0.01 each ("Ordinary Shares") at an exercise price of
£0.01 each ("Options").
To satisfy the exercise of these
Options, 300,000 existing Ordinary Shares will be transferred from
treasury on 19 December 2024 (the "Transfer").
Total Voting
Rights
Following the Transfer, the
Company's issued ordinary share capital remains unchanged at
85,515,091 Ordinary Shares, of which 2,261,394 are held in
treasury. Therefore, the number of Total Voting Rights in the
Company will be 83,253,697, and 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 voting rights of the Company
under the FCA's Disclosure Guidance and Transparency
Rules.
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For
further information, please contact:
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SysGroup plc
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Tel: 0333
101 9000
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Heejae Chae, Executive
Chairman
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Owen Phillips, Chief Financial
Officer
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Zeus (Nominated Adviser and
Broker)
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Tel: 0161
831 1512
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Jordan Warburton
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Nick Cowles
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Alex Campbell-Harris
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Nick Searle
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About SysGroup
SysGroup plc is a managed service
provider of end-to-end data solutions enabling us to take our
customers on their AI data journey. The Group offers an integrated
set of modern technologies that collectively meets our customers
end-to-end data needs including connectivity, cloud hosting,
delivery, analytics and governance of customer data, as well as a
security layer for users and applications.
The Group has offices in Edinburgh,
London, Manchester and Newport.
For more information, visit
http://www.sysgroup.com