Completion of reorganisation and first day of dealings

28th November 2018

SCISYS Group PLC (“New SCISYS”; AIM SSY; ESM: SCC),  is pleased to announce that the reorganisation to establish New SCISYS as the holding company of the SCISYS Group, first announced by the Board of Directors of SCISYS PLC (“Old SCISYS”) on 17 October, is now complete.

Accordingly 29,584,660 ordinary shares of 25p each in the capital of New SCISYS were admitted to trading on AIM and ESM at 8.00 a.m. today under the ticker SSY and SCC respectively. SCISYS Group PLC is now the holding company of the SCISYS Group.

Old SCISYS Shareholders on the register at the Scheme Record Time, being 6.00 p.m. on 26 November 2018, will receive one New SCISYS Share for each Old SCISYS Share held at that time. Share certificates in respect of such New SCISYS Shares to be held in certificated form will be sent to the relevant New SCISYS Shareholders on 11 December 2018.

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About SCISYS Group:

Employing around 670 staff, SCISYS Group is a leading developer of information and communications technology services, e-business, web and mobile applications, editorial newsroom solutions 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, Thales Alenia Space, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, Radio France, RTL, RNLI, Pets at Home, Siemens and the National Trust. The Company's registered office is in Dublin, with UK offices in Chippenham, Bristol, Leicester and Reading and German offices in Bochum, Dortmund, Darmstadt and Munich.