TIDMIOM

RNS Number : 2983V

Iomart Group PLC

10 December 2021

10 December 2021

iomart Group plc

("iomart", the "Group" or the "Company")

Director's Shareholding

iomart (AIM:IOM), the cloud computing company, has been notified on 8 December 2021 by Scott Cunningham, Chief Financial Officer, that he exercised 40,000 unapproved options of 1 pence each and retained them in shares. Following this transaction, Scott Cunningham's beneficial interest is 60,000 Ordinary Shares representing 0.055% of the total voting rights in the Company.

The attached notification, which has been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 
            1.   Details of the person discharging managerial responsibilities 
                  / person closely associated 
      a.         Name                            Scott Cunningham 
                ------------------------------  ----------------------------------------- 
            2.   Reason for the notification 
                ------------------------------------------------------------------------- 
            a.   Position/status                 Chief Financial Officer 
                ------------------------------  ----------------------------------------- 
            b.   Initial notification            Initial notification 
                  /Amendment 
                ------------------------------  ----------------------------------------- 
            3.   Details of the issuer, emission allowance market participant, 
                  auction platform, auctioneer or auction monitor 
                ------------------------------------------------------------------------- 
            a.   Name                            iomart Group plc 
                ------------------------------  ----------------------------------------- 
            b.   LEI                             213800MME6X5NGP7NC68 
                ------------------------------  ----------------------------------------- 
            4.   Details of the transaction(s): section to be repeated for 
                  (i) each type of instrument; (ii) each type of transaction; 
                  (iii) each date; and (iv) each place where transactions 
                  have been conducted 
                ------------------------------------------------------------------------- 
            a.   Description of                  Ordinary Shares of 1p each 
                  the 
                  Financial instrument, 
                  type                            GB0004281639 
                  of instrument 
                  Identification 
                  code 
                ------------------------------  ----------------------------------------- 
            b.   Nature of the                   Exercise of options 
                  transaction 
                ------------------------------  ----------------------------------------- 
            c.   Price(s) and volume(s)            Price(s)     Volume(s) 
                                                    1.0 pence    40,000 
                                                                ---------- 
                ------------------------------  ----------------------------------------- 
            d.        Aggregated information       Price(s)     Volume(s) 
                        *    Aggregated volume      GBP400.00    40,000 
                                                                ---------- 
 
                        *    Price 
                ------------------------------  ----------------------------------------- 
            e.   Date of the transaction         8 December 2021 
                ------------------------------  ----------------------------------------- 
            f.   Place of the transaction        London Stock Exchange, AIM Market (XLON) 
                ------------------------------  ----------------------------------------- 
 

For further information:

 
 
   iomart Group plc                                  Tel: 0141 931 6400 
 Reece Donovan, Chief Executive Officer 
 Scott Cunningham, Chief Financial Officer 
 
 Peel Hunt LLP (Nominated Adviser and Joint        Tel: 020 7418 8900 
  Broker) 
 Edward Knight, Paul Gillam, James Smith 
 
 Investec Bank PLC (Joint Broker)                  Tel: 020 7597 4000 
 Patrick Robb, Virginia Bull, Sebastian Lawrence 
 
 Alma PR                                           Tel: 020 3405 0205 
 Caroline Forde, Hilary Buchanan, Joe Pederzolli 
 

About iomart Group plc

For over 20 years iomart Group plc (AIM: IOM) has been helping growing organisations to maximise the flexibility, cost effectiveness and scalability of the cloud. From data centres we own and operate in the U.K., and from connected facilities across the globe, we can provide multiple secure infrastructure solutions from branch office backups, to hyper cloud migrations, and everything in between, delivered typically with a 24/7 managed service. Our team of over 400 dedicated staff work with our customers at the strategy stage through to delivery and ongoing management, to implement the secure cloud solutions that deliver to their business requirements.

   For further information about the Grou p, please visit    www.iomart.com 

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December 10, 2021 06:31 ET (11:31 GMT)

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