SCISYS - Transaction in Own Shares and Total Voting Rights

17 July 2018

Hamilton, Bermuda: July 17, 2018- In a filing with the Bermuda Stock Exchange (“BSX”) SCISYS PLC, an AIM listed company whose Secured Loan Note Programme is listed on the BSX,announced transaction in own shares and total voting rights.  The full filing stated:

 

SCISYS PLC

(SSY: AIM)

Transaction in Own Shares and Total Voting Rights

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 an employee  has today exercised 10,000 options over ordinary shares of 25p each in the capital of the Company (“Ordinary Shares” and the “Exercise”). The Exercise is being satisfied by the transfer of Ordinary Shares held in treasury.

SCISYS also announces that it has today bought back 10,000 Ordinary Shares at a price of 187.1 pence per Ordinary Share being the 5 day average closing price of an Ordinary Share (the “Purchase”).

Following the Exercise and Purchase, the total number of voting rights in the Company remains unchanged at 29,489,991 (excluding the 17,167 Ordinary Shares held in treasury). This figure may then 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.

 

For further information please contact:

 

SCISYS PLC

 

+44 (0)1249 466 466

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 580staff, SCISYS group is a leading developer of Information and Communications Technology services, e-Business, web and mobile applications, editorial newsroom  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, Pets at Home, Siemens and the National Trust. The Company has UK offices in Chippenham, Bristol, Leicester and Reading and Germanoffices located in Bochum, Dortmund, Darmstadt and Munich. More information is available at www.scisys.co.uk.

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