System1 Group PLC Correction re Directors Dealings (4641W)
April 23 2021 - 6:16AM
UK Regulatory
TIDMSYS1
RNS Number : 4641W
System1 Group PLC
23 April 2021
Press Release
2 3 April 2021
System1 Group PLC (AIM: SYS1)
("System1", or "the Company", or "the Group")
Exercise of Options, Directors Dealings and Total Voting
Rights
The Company announces that John Kearon, Founder and Executive
President of the Company, has exercised 116,568 options over
ordinary shares of 1 pence each ("Ordinary Shares") and has sold
116,568 Ordinary Shares, in part to fund the relevant tax, at a
price of 240 pence per Ordinary Share.
A total of 116,568 Ordinary Shares which were previously held in
treasury have been utilised to satisfy the exercise of the share
options.
Following the exercise of options and sale of 116,568 Ordinary
Shares, Mr. Kearon holds 2,918,235 Ordinary Shares, representing
22.74 per cent. of the issued share capital of the Company
(following issue of the 116,568 new Ordinary Shares).
Following the above, the Company now holds 393,853 Ordinary
Shares as treasury shares and its total number of Ordinary Shares
with voting rights is now 12,832,920, which 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, System1 Group PLC under the FCA's
Disclosure Guidance and Transparency Rules.
The notifications set out below is provided in accordance with
the requirements of the EU Market Abuse Regulation.
The Company can be found at www.system1group.com .
For further information, please contact:
System1 Group PLC Tel: +44 (0)20 7043
1000
John Kearon, Founder and Executive
President
Chris Willford, Chief Financial Officer
Canaccord Genuity Limited Tel: +44 (0)20 7523
8000
Simon Bridges / Andrew Potts
Notification of a Transaction pursuant to Article 19(1) of
Regulation (EU) No. 596/2014
1. Details of the Person discharging managerial responsibilities
("PDMR") / person closely associated with them ("PCA")
a) Name John Kearon
------------------------------ ------------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
a) Position / status Founder and Executive President
------------------------------ ------------------------------------------
b) Initial notification Initial notification
/ amendment
------------------------------ ------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name System1 Group PLC
------------------------------ ------------------------------------------
b) Legal Entity 213800TDLR42C3Q9ZB74
Identifier
------------------------------ ------------------------------------------
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 Ordinary Shares
of the financial GB00B1GVQH21
instrument
------------------------------ ------------------------------------------
b) Nature of the (a) Exercise of options
transaction (b) Sale of ordinary shares
------------------------------ ------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) a) 0p 116,568
(b) 240p shares
116,568
shares
----------
------------------------------ ------------------------------------------
d) Aggregated information
* Aggregated volume 116,568 Ordinary Shares exercised at a
price of 0 pence per Ordinary Share
116,568 Ordinary Shares sold at a price
* Aggregated price of 240 pence per Ordinary Share
* Aggregated total
------------------------------ ------------------------------------------
e) Date of the 22 April 2021
transaction
------------------------------ ------------------------------------------
f) Place of the London Stock Exchange
transaction
------------------------------ ------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHEAELDAFLFEFA
(END) Dow Jones Newswires
April 23, 2021 06:16 ET (10:16 GMT)
System1 (LSE:SYS1)
Historical Stock Chart
From Apr 2024 to May 2024
System1 (LSE:SYS1)
Historical Stock Chart
From May 2023 to May 2024