iomart Group plc ("iomart" or the "Company")
Directors' Dealing and Change of Adviser's Name
iomart announces that on 14 December 2010 the Company was informed by each of the following Directors of the sale by them (including, in the case of Richard Logan, his connected persons) on 14 December 2010 of ordinary shares of 1p each in the share capital of the Company ('Ordinary Shares') to satisfy institutional demand, as follows:
Name of Director |
No Ordinary Shares sold |
Price (pence) |
Holding following sale |
% Voting Rights |
Angus MacSween |
350,000 |
90 |
19,336,304 |
19.6% |
Richard Logan |
35,000 |
90 |
100,500 |
0.1% |
The Company also announces that, with effect from Monday 13 December 2010, its Nominated Adviser and Broker became Peel Hunt LLP.
Enquiries:
iomart Group plc Tel: 0141 931 6400
Bruce Hall, Company Secretary