(Sharecast News) - SysGroup revealed on Tuesday that executive chairman Heejae Chae had acquired 416,639 ordinary shares in the AIM-listed IT services provider.

Chae, who was appointed to the board of SysGroup in 2018, purchased the shares on Monday at an average price of 24p each, for a total value of £99,993.36.

Following the transaction, Chae holds a beneficial interest in 11.02m ordinary SysGroup shares, representing approximately 13.17% of the company's issued share capital.

As of 1525 BST, SysGroup shares were up 8.33% at 26p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Bytes Technology Group (BYIT)

Director name: Rochussen ,Gavin

Amount purchased: 100,000 @ 415.79p

Value: £415,789.99

Bytes Technology Group (BYIT)

Director name: Rochussen ,Gavin

Amount purchased: 100,000 @ 415.79p

Value: £415,789.99

Agronomics Limited (ANIC)

Director name: Mellon,James (Jim)

Amount purchased: 2,550,000 @ 6.60p

Value: £168,300.00

Bytes Technology Group (BYIT)

Director name: Mudd,Sam

Amount purchased: 25,000 @ 413.09p

Value: £103,271.60

Sysgroup (SYS)

Director name: Chae,Heejae

Amount purchased: 416,639 @ 24.00p

Value: £99,993.36

Agronomics Limited (ANIC)

Director name: Mellon,James (Jim)

Amount purchased: 750,000 @ 7.00p

Value: £52,500.00

Agronomics Limited (ANIC)

Director name: Mellon,James (Jim)

Amount purchased: 500,000 @ 6.90p

Value: £34,500.00

Agronomics Limited (ANIC)

Director name: Mellon,James (Jim)

Amount purchased: 500,000 @ 6.80p

Value: £34,000.00

Agronomics Limited (ANIC)

Director name: Mellon,James (Jim)

Amount purchased: 250,000 @ 7.00p

Value: £17,500.00

Agronomics Limited (ANIC)

Director name: Mellon,James (Jim)

Amount purchased: 250,000 @ 7.00p

Value: £17,500.00

Agronomics Limited (ANIC)

Director name: Mellon,James (Jim)

Amount purchased: 250,000 @ 7.00p

Value: £17,500.00

Agronomics Limited (ANIC)

Director name: Mellon,James (Jim)

Amount purchased: 250,000 @ 6.90p

Value: £17,250.00

Agronomics Limited (ANIC)

Director name: Mellon,James (Jim)

Amount purchased: 250,000 @ 6.80p

Value: £17,000.00

Agronomics Limited (ANIC)

Director name: Mellon,James (Jim)

Amount purchased: 250,000 @ 6.80p

Value: £17,000.00

Agronomics Limited (ANIC)

Director name: Mellon,James (Jim)

Amount purchased: 250,000 @ 6.60p

Value: £16,500.00

Physiomics (PYC)

Director name: Bagnall,Ian

Amount purchased: 1,111,111 @ 0.45p

Value: £5,000.00

Top Director Sells