22 June 2018
iomart Group plc
("iomart", the "Group" or the "Company")
Director/PDMR Shareholding and Total Voting Rights
Directors' Holdings
iomart (AIM:IOM), the cloud computing company, announces that on 19 June 2018 Angus MacSween (CEO) and Richard Logan (Group Finance Director) exercised options due to expire in October 2018 over 43,010 and 28,495 ordinary shares of 1 pence each ("Ordinary Shares"), respectively, at an exercise price of 46.5 pence per share in relation to the Company's Enterprise Management Incentive scheme. Both Angus MacSween and Richard Logan yesterday notified the Company that the resulting 43,010 and 28,495 Ordinary Shares were sold on 19 and 20 June 2018 at an average price of 390.33 pence per share.
Following these transactions, Angus MacSween's beneficial interest remains at 16,998,789 Ordinary Shares representing 15.7% of the voting rights in the Company and Richard Logan's beneficial interest remains at 962,095 Ordinary Shares representing 0.9% of the voting rights in the Company.
Total Voting Rights
As a result of the above, the total number of Ordinary Shares of 1 pence each of iomart Group plc as at the date of the notice is 108,358,042. There are 140,773 ordinary shares in iomart Group plc Employee Benefit Trust and the Company holds none of its Ordinary Shares in treasury.
Therefore, the total number of voting rights in iomart Group plc is 108,217,269.
The above figure of 108,217,269 shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their in, or a change to their in, iomart Group plc, under the Disclosures and Transparency Rules.
The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide 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 | CEO - 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 Enterprise Management Incentive share options due to expire in October 2018
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c. | Price(s) and volume(s) |
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d. | Aggregated information · Aggregated volume · Price
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e. | Date of the transaction | 19/06/2018 | ||||
f. | Place of the transaction | Outside a trading venue | ||||
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 | Sale of Ordinary Shares following the exercise of Enterprise Management Incentive share options due to expire in October 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||
c. | Price(s) and volume(s) |
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d. | Aggregated information · Aggregated volume · Price
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43,010 shares
390.33p
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e. | Date of the transaction | 19/06/2018 and 20/06/2018 | ||||||||||||||||||||||||||||||||||||||||||||||||
f. | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||||||||||||||||||||||||||||||||||||||||||||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Richard Logan | ||||
2. | Reason for the notification | |||||
a. | Position/status | Group Finance 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 Enterprise Management Incentive share options due to expire in October 2018
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c. | Price(s) and volume(s) |
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d. | Aggregated information · Aggregated volume · Price
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e. | Date of the transaction | 19/06/2018 | ||||
f. | Place of the transaction | Outside a trading venue | ||||
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 | Sale of Ordinary Shares following the exercise of Enterprise Management Incentive share options due to expire in October 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||
c. | Price(s) and volume(s) |
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d. | Aggregated information · Aggregated volume · Price
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28,495 shares
390.33p
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e. | Date of the transaction | 19/06/2018 and 20/06/2018 | ||||||||||||||||||||||||||||||||||||||||||||||||
f. | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||||||||||||||||||||||||||||||||||||||||||||||
iomart Group plc | Tel: 0141 931 6400 |
Angus MacSween, Chief Executive |
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Richard Logan, Finance Director |
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Peel Hunt LLP (Nominated Adviser and Broker) | Tel: 020 7418 8900 |
Ed Knight |
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Nick Prowting |
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Alma PR |
Tel: 020 8004 4218 |
Caroline Forde |
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Helena Bogle |
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