Director dealings: Sysgroup chairman raises stake

28th Jan 2025 15:35

(Sharecast News) - Sysgroup revealed on Tuesday that chairman Heejae Chae had acquired 800,000 ordinary shares in the AIM-listed IT service management firm.

Chae, who took over as chairman in July 2023, purchased the shares on Friday at an average price of 17.45p each, for a total value of £139,600.

Following the transaction, Chae holds a beneficial interest in 8.67m ordinary Sysgroup shares, representing approximately 10.39% of the company's issued share capital.

As of 1615 GMT, Sysgroup shares were up 7.19% at 18.49p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Sysgroup (SYS)

Director name: Chae,Heejae

Amount purchased: 800,000 @ 17.45p

Value: £139,600.00

Trifast (TRI)

Director name: Mills,Nicholas

Amount purchased: 100,000 @ 80.00p

Value: £80,000.00

Tekmar Group (TGP)

Director name: Turner,Richard

Amount purchased: 799,313 @ 7.50p

Value: £59,948.48

Pulsar Group (PULS)

Director name: Royde ,Max

Amount purchased: 100,000 @ 47.85p

Value: £47,850.00

Eden Research (EDEN)

Director name: Abrey,Alexander John

Amount purchased: 540,540 @ 3.70p

Value: £19,999.98

Eden Research (EDEN)

Director name: M. Smith,Sean

Amount purchased: 540,540 @ 3.70p

Value: £19,999.98

Eden Research (EDEN)

Director name: McAllan,Derek

Amount purchased: 279,022 @ 3.58p

Value: £9,988.99

Pinewood Technologies Group (PINE)

Director name: Exler,Dietmar

Amount purchased: 1,500 @ 342.00p

Value: £5,130.00

Pharos Energy (PHAR)

Director name: Roe,Katherine

Amount purchased: 5,737 @ 25.67p

Value: £1,472.63

Top Director Sells

Rolls-royce Holdings (RR.)

Director name: Erginbilgic,Tufan

Amount sold: 12,969 @ 587.84p

Value: £76,237.54