Director's Shareholding

RNS Number : 4107O

Iomart Group PLC

31 January 2023

 

31 January 2023

iomart Group plc

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

Director's Shareholding

iomart (AIM:IOM), the cloud computing company, has been notified on 30 January 2023, by Angus MacSween, Non Executive Director, that he exercised 340,000 unapproved options of 1 pence each and retained them in shares. Following this transaction, Angus MacSween's beneficial interest is 17,343,409 Ordinary Shares representing 15.766% 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	Angus MacSween
2.	Reason for the notification
a.	Position/status	Non Executive Director
b.	Initial notification /Amendment	Initial notification
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 the Financial instrument, type of instrument Identification code	Ordinary Shares of 1p each GB0004281639
b.	Nature of the transaction	Exercise of Options
c.	Price(s) and volume(s)	Exercise Price(s) Volume(s) 1.0p 340,000
d.	Aggregated information · Aggregated volume · Price	Exercise Price(s) Volume(s) £3,400.00 340,000
e.	Date of the transaction	30 January 2023
f.	Place of the transaction	Off market

For further information:

iomart Group plc	Tel: [phone]
Reece Donovan, Chief Executive Officer
Scott Cunningham, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser and Joint Broker)	Tel: [phone]
Paul Gillam, James Smith
Investec Bank PLC (Joint Broker)	Tel: [phone]
Patrick Robb, Virginia Bull, Sebastian Lawrence
Alma PR	Tel: [phone]
Caroline Forde, Hilary Buchanan, Joe Pederzolli

 

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