TIDMIOM

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            Initial notification 
                  /Amendment 
                ------------------------------  ---------------------------------- 
            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                  Ordinary Shares of 1p each 
                  the 
                  Financial instrument, 
                  type                            GB0004281639 
                  of instrument 
                  Identification 
                  code 
                ------------------------------  ---------------------------------- 
            b.   Nature of the                   Exercise of Options 
                  transaction 
                ------------------------------  ---------------------------------- 
            c.   Price(s) and volume(s)            Exercise Price(s)   Volume(s) 
                                                    1.0p                340,000 
                                                                       ---------- 
                ------------------------------  ---------------------------------- 
            d.        Aggregated information       Exercise Price(s)    Volume(s) 
                        *    Aggregated volume      GBP3,400.00          340,000 
                                                                        ---------- 
 
                        *    Price 
                ------------------------------  ---------------------------------- 
            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        Tel: 020 7418 
  Broker)                                           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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END

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(END) Dow Jones Newswires

January 31, 2023 05:13 ET (10:13 GMT)

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