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: 0141 931 6400

Reece Donovan, Chief Executive Officer


Scott Cunningham, Chief Financial Officer




Peel Hunt LLP (Nominated Adviser and Joint Broker)

Tel: 020 7418 8900

Paul Gillam, James Smith

 



Investec Bank PLC (Joint Broker)                                      

Tel: 020 7597 4000

Patrick Robb, Virginia Bull, Sebastian Lawrence




Alma PR

Tel: 020 3405 0205

Caroline Forde, Hilary Buchanan, Joe Pederzolli


 

 

 

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