Iomart Group PLC
02 September 2003
iomart Group plc
Additional Listing
Application has been made under a block listing for a total of 6,836,658 new
ordinary 1p shares to be admitted to AIM.
These shares may be issued pursuant to the following iomart share option
schemes, under which various grants of options to employees have been made
between March 2000 and July 2003:
Name of scheme Number of
shares under
option
Approved scheme 1,655,855
Enterprise management incentive scheme 2,748,000
Unapproved scheme 587,161
Savings related scheme 56,509
Other unapproved options 1,789,133
------------
6,836,658
============
The directors have authority to grant options, under the approved scheme, the
enterprise management incentive scheme, the unapproved scheme and the savings
related scheme, over shares totalling 15% of the issued share capital. The total
number of shares over which options have been granted under these schemes
represents 8.5% of the current issued share capital.
It is expected that the block listing will become effective on 8 September 2003.
Thereafter six monthly returns will be made at the beginning of September and
the beginning of March each year.
These shares when issued will rank pari passu in all respects with the existing
ordinary shares in issue.
Enquiries:
iomart Group plc
Stewart Moir, Company Secretary 0141 931 7000
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.