Director's Shareholding

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 /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)	Price(s) Volume(s) 1.0 pence 40,000
d.	Aggregated information · Aggregated volume · Price	Price(s) Volume(s) £400.00 40,000
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: [phone]
Reece Donovan, Chief Executive Officer
Scott Cunningham, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser and Joint Broker)	Tel: [phone]
Edward Knight, 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

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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