TIDMSYS TIDMTV1

RNS Number : 3976C

SysGroup PLC

10 October 2022

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BYT18182

Issuer Name

SYSGROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

Other

Comments

Thames Ventures VCT 1 plc (formerly Downing ONE VCT plc) appointed Foresight Group LLP as Investment Advisor under an Investment Services Agreement.

3. Details of person subject to the notification obligation

Name

Downing LLP

City of registered office (if applicable)

London

Country of registered office (if applicable)

Greater London

4. Details of the shareholder

 
  Name                                    City of registered office    Country of registered office 
   Client funds managed by Downing LLP     London                       UK 
                                        ===========================  ============================== 
 

5. Date on which the threshold was crossed or reached

04-Jul-2022

6. Date on which Issuer notified

10-Oct-2022

7. Total positions of person(s) subject to the notification obligation

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                4.830000                0.000000                4.830000                2358568 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable) 
                        ======================  ======================  ======================  ====================== 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
GB00BYT18182               2358568                 0                       4.830000                0.000000 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              2358568                                         4.830000% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date  Exercise/conversion period  Number of voting rights    % of voting rights 
instrument                                                               that may be acquired if 
                                                                         the instrument is 
                                                                         exercised/converted 
 
Sub Total 8.B1 
                            ===========================================  =========================  ================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of financial   Expiration date  Exercise/conversion  Physical or cash     Number of voting     % of voting rights 
instrument                           period               settlement           rights 
 
Sub Total 8.B2 
                    =========================================================  ===================  ================== 
 

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

 
Ultimate controlling     Name of controlled       % of voting rights if  % of voting rights     Total of both if it 
person                   undertaking              it equals or is        through financial      equals or is higher 
                                                  higher than the        instruments if it      than the notifiable 
                                                  notifiable threshold   equals or is higher    threshold 
                                                                         than the notifiable 
                                                                         threshold 
                            Client funds managed 
   Downing LLP               by Downing LLP          4.830000               0.000000               4.830000% 
                         =======================  =====================  =====================  ====================== 
 

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

10.10.22

13. Place Of Completion

London

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END

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October 10, 2022 12:28 ET (16:28 GMT)

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