11
June 2024
iomart Group
plc
("iomart" or the "Group" or
the "Company")
Chair Appointment and
Directorate Change
iomart Group plc (AIM: IOM), the
secure cloud services company, is pleased to announce the
appointment of Richard Last as independent non-executive Chair,
effective 12th June 2024. Richard's appointment follows a thorough
and comprehensive process undertaken by the Nomination
Committee.
Richard is a seasoned board director
with extensive experience across quoted and private companies in
the technology services sector. Over the past six years, Richard
has held Chair positions at Hyve Group Plc, Gamma Communications
Plc, Arcontech Group Plc, and Servelec Group Plc. In addition to
his private company board roles, Richard is currently Chair of
Tribal Group Plc and Gresham Technologies Plc, as well as a
non-executive director of Corero Network Security Plc.
As a result of Richard's
appointment, Lucy Dimes, who had assumed the role of Chair and CEO
since September 2023, will step down as Chair and will continue on
the Board as full-time CEO.
Commenting on his appointment, Richard Last
said:
"In taking up the role of Chair, I was impressed by the
leading position iomart has established in the cloud services
marketplace, the strength of its customer relationships and the
talent across the team. I am very much looking forward to working
with the Board to leverage these strong foundations and support the
Group in realising its growth ambitions."
Lucy Dimes, CEO of iomart Group plc,
commented:
"Since I took on the dual role of Chair and CEO in September
2023 we have been running a diligent process for a new Chair, and
we are delighted to have attracted such an experienced and
knowledgeable individual as Richard. His wealth of experience in
M&A and growing many successful technology sector leaders will
be a great asset as we drive forward the execution of our growth
strategy."
The following information is
disclosed in accordance with Rule 17 and paragraph (g) of Schedule
2 of the AIM Rules for Companies.
Richard Last, who is 66 years old, currently
holds the following directorships:
· Ensco 1525
Limited
· Ensco 1520
Limited
· Gresham
Technologies Plc
· Lynx 2020
Limited
· Tribal Group
Plc
· Learn Solutions
Limited
· Corero Network
Security Plc
· Waste Management
Systems Limited
· Hobbs Hole
Limited
· Sphinx CST
Ireland Limited (Dormant)
Former Directorships (previous 5
years):
· Heron UK Topco
Limited
· Greenstone+
Limited
· Tribal Education
Limited
· International
Graduate Insight Group Ltd
· Tribal Holdings
Limited
· Class Measures
Limited
· Hyve Group
Limited (formerly Hyve Group plc)
· BPDL
Limited
· Gamma
Communications Plc
· Lighthouse Group
Limited
· Arcontech Group
Plc
Additional disclosures:
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·
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Richard Last represented the Lynx Group on the
board of Crown Products Group Plc for a period to May 1997.
Subsequently in January 1998 Crown Products Group Plc went into
receivership.
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·
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Richard Last was on the board of NMM Limited
until 21 January 2005 (while it was named Lynx CT Solutions
Limited). Subsequently in July 2005, NMM Limited was subject to a
court order to compulsory wind up the company. The winding up was
completed in November 2006, with the company liquidated in
2007.
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Richard does not currently hold any
shares, or any interest over shares, in the Company.
For
further information:
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iomart Group plc
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Tel: 0141 931 6400
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Lucy Dimes, Chief Executive Officer
& Chair
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Scott Cunningham, Chief Financial
Officer
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Investec Bank PLC (Nominated Adviser and
Broker)
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Tel: 020 7597
4000
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Patrick Robb, Virginia
Bull
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Alma Strategic Communications
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Tel: 020 3405 0205
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Caroline Forde, Hilary Buchanan,
Kinvara Verdon
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About iomart Group plc
iomart Group plc (AIM: IOM) is a
leading secure cloud provider offering hybrid cloud, data
protection and cyber security managed services, underpinned by our
extensive data centre and network infrastructure. Our mission is
simple: to support our customers 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 plus global technology vendor relationships, our
500-strong team can design, deploy, secure and manage the right
cloud solution for our customers.
For further information about the
Group, please visit www.iomart.com