TIDMIOM

RNS Number : 8810N

Iomart Group PLC

26 January 2023

26 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 25 January 2023 by Scott Cunningham, Chief Financial Officer, that he exercised 62,175 unapproved options of 1 pence each and retained them in shares. Following this transaction, Scott Cunningham's beneficial interest is 122,175 Ordinary Shares representing 0.011% 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            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                62,175 
                                                                       ---------- 
                ------------------------------  ---------------------------------- 
            d.        Aggregated information       Exercise Price(s)    Volume(s) 
                        *    Aggregated volume      GBP621.75            62,175 
                                                                        ---------- 
 
                        *    Price 
                ------------------------------  ---------------------------------- 
            e.   Date of the transaction         25 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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January 26, 2023 02:00 ET (07:00 GMT)

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