TIDMIOM

RNS Number : 2740O

Iomart Group PLC

07 October 2021

7 October 2021

iomart Group plc

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

Directors' Shareholding

iomart (AIM:IOM), the cloud computing company, has been notified of the following purchase of shares on 6 October 2021 by Directors of the Company:

-- Joanne Cunningham, spouse and thus a person closely associated ("PCA") to Scott Cunningham, Chief Financial Officer, purchased 7,000 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 170.0 pence per Ordinary share. Following this transaction, Scott Cunningham's beneficial interest is 20,000 Ordinary Shares representing 0.018% of the total voting rights in the Company.

-- Karyn Lamont, Non-Executive Director, purchased 7,000 ordinary shares of 1 pence each at a price of 170.0 pence per Ordinary share. Following this transaction, Karyn Lamont's beneficial interest in the Company is 7,000 Ordinary Shares representing 0.006% 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                            Joanne Cunningham 
                ------------------------------  ----------------------------------------- 
            2.   Reason for the notification 
                ------------------------------------------------------------------------- 
            a.   Position/status                 PCA to Scott Cunningham, 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                   Purchase of shares 
                  transaction 
                ------------------------------  ----------------------------------------- 
            c.   Price(s) and volume(s)            Price(s)       Volume(s) 
                                                    170.0 pence    7,000 
                                                                  ---------- 
                ------------------------------  ----------------------------------------- 
            d.        Aggregated information       Price(s)        Volume(s) 
                        *    Aggregated volume      GBP11,900.00    7,000 
                                                                   ---------- 
 
                        *    Price 
                ------------------------------  ----------------------------------------- 
            e.   Date of the transaction         6 October 2021 
                ------------------------------  ----------------------------------------- 
            f.   Place of the transaction        London Stock Exchange, AIM Market (XLON) 
                ------------------------------  ----------------------------------------- 
 
 
            5.   Details of the person discharging managerial responsibilities 
                  / person closely associated 
      a.         Name                            Karyn Lamont 
                ------------------------------  ----------------------------------------- 
            6.   Reason for the notification 
                ------------------------------------------------------------------------- 
            a.   Position/status                 Non-Executive Director 
                ------------------------------  ----------------------------------------- 
            b.   Initial notification            Initial notification 
                  /Amendment 
                ------------------------------  ----------------------------------------- 
            7.   Details of the issuer, emission allowance market participant, 
                  auction platform, auctioneer or auction monitor 
                ------------------------------------------------------------------------- 
            a.   Name                            iomart Group plc 
                ------------------------------  ----------------------------------------- 
            b.   LEI                             213800MME6X5NGP7NC68 
                ------------------------------  ----------------------------------------- 
            8.   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                   Purchase of shares 
                  transaction 
                ------------------------------  ----------------------------------------- 
            c.   Price(s) and volume(s)            Price(s)         Volume(s) 
                                                    170.004 pence    7,000 
                                                                    ---------- 
                ------------------------------  ----------------------------------------- 
            d.        Aggregated information       Price(s)        Volume(s) 
                        *    Aggregated volume      GBP11,903.08    7,000 
                                                                   ---------- 
 
                        *    Price 
                ------------------------------  ----------------------------------------- 
            e.   Date of the transaction         6 October 2021 
                ------------------------------  ----------------------------------------- 
            f.   Place of the transaction        London Stock Exchange, AIM Market (XLON) 
                ------------------------------  ----------------------------------------- 
 

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 8900 
  Broker) 
 Edward Knight, 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

For over 20 years iomart Group plc (AIM: IOM) has been helping growing organisations to maximise the flexibility, cost effectiveness and scalability of the cloud. From data centres we own and operate in the U.K., and from connected facilities across the globe, we can provide multiple secure infrastructure solutions from branch office backups, to hyper cloud migrations, and everything in between, delivered typically with a 24/7 managed service. Our team of over 400 dedicated staff work with our customers at the strategy stage through to delivery and ongoing management, to implement the secure cloud solutions that deliver to their business requirements.

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

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October 07, 2021 02:00 ET (06:00 GMT)

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