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.
| For further information, please contact: |
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| SysGroup plc | Tel: 0333 101 9000 |
| Heejae Chae, Executive Chairman | |
| Owen Phillips, Chief Financial Officer | |
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| Zeus (Nominated Adviser and Broker) | Tel: 0161 831 1512 |
| Jordan Warburton | |
| Nick Cowles | |
| Alex Campbell-Harris | |
| Nick Searle | |
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
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