SCISYS PLC – Alto Invest and funds managed by it no longer have a disclosable interest in the Company.

19 January 2018

Hamilton, Bermuda: January 19, 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 that Alto Invest and funds managed by it no longer have a disclosable interest in the Company.  The full filing stated:

 

SCISYS PLC

("SCISYS" or the “Company”)

Holding(s) in Company

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 it has received notification from Alto Invest S.A. (“Alto Invest”) that Alto Invest and funds managed by it no longer have a disclosable 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 500staff, 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, Interflora 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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