Iomart Group PLC Appointment of Chair (1457X)

TIDMIOM

RNS Number : 1457X

Iomart Group PLC

25 August 2022

iomart Group plc

("iomart" or the "Group" or the "Company")

Appointment of Chair

iomart Group plc (AIM: IOM), the cloud computing company, is pleased to announce the appointment of Lucy Dimes as Independent Non-Executive Chair of the Company, with effect from the closing of the AGM on 30 August 2022. This follows the decision by our exiting Chair, Ian Steele, not to stand for re-election as previously announced.

Lucy is an accomplished business leader having operated in senior executive positions in FTSE 100, FTSE 250 and private equity owned companies spanning telecoms, technology, business services and financial services. Lucy has substantial experience in complex, highly regulated international markets in product innovation, market entry, scaling for growth and expansion.

Lucy also sits on the board of Babcock International Group plc, the c.GBP4bn turnover defence & aerospace group, and is an advisor to the automation and AI specialist software developer Intelygenz S.A. Lucy previously sat on the Berendsen plc board, a c.GBP1bn turnover textile services business, before it was acquired by Elis S.A. in 2017.

Lucy is passionate about technology, customer experience, diversity and sustainability.

Reece Donovan, Chief Executive Officer, commented:

"We are delighted to welcome Lucy as the new chair of the Board of iomart. Her considerable experience and insight will be invaluable to us as we continue to pursue a successful growth strategy. I very much look forward to working with her in the future."

"On behalf of the full company, I would like to thank Ian for his six years of first class commitment and service. He leaves with our best wishes."

Lucy Dimes, incoming Non-Executive Chair, commented:

"I am delighted to be joining the Board of iomart, a company I have admired for a number of years. The UK does not have many home grown technology businesses, and, over the last 20 years since its inception, iomart has evolved to become one of the UK's largest and most successful independent providers of managed cloud computing services. I welcome this fantastic opportunity to work with Reece and the rest of the Board to help realise the Company's full potential in the future. "

The following information is disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies:

 
 Full name and age:               Lucy Rebecca Dimes, aged 56 (also 
                                   known as Lucy Rebecca Rowbotham) 
 Current Directorships:           Babcock International Group Plc, 
                                   Paradimes Services Ltd 
 Former Directorships (previous   UBM (UK) Limited (now known as 
  5 years):                        Informa Markets (UK) Limited), 
                                   Berendsen plc (now Berensden 
                                   Limited), Garden Bridge Trust

Lucy does not currently hold any shares, or any interest over shares, in the Company.

There is no further information required to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

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

About iomart Group plc

iomart Group plc (AIM: IOM) is a cloud computing and IT managed services business providing hybrid cloud infrastructure, network connectivity, security, and digital workplace capability. Our mission is simple: to make our customers unstoppable by enabling them to connect, secure and scale anywhere, anytime. From our portfolio of data centres we own and operate across the UK to connected sites around the world, our 400-strong team can design and deploy the right cloud solution for our customers.

   For further information about the Group, please visit   www.iomart.com

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