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Iomart Group PLC (IOM)

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Monday 05 October, 2020

Iomart Group PLC

Director Shareholding and Total Voting Rights

RNS Number : 1564B
Iomart Group PLC
05 October 2020
 

 

05 October 2020

iomart Group plc

(the "Company")

Director Shareholding and Total Voting Rights

iomart (AIM: IOM), the cloud computing company, announces that on 1 October 2020 Angus MacSween, Non-Executive Director, exercised 3,560 options over ordinary shares of 1 pence each ("Ordinary Shares") at an exercise price of 252.8 pence per share in relation to the Company's SAYE share option plan. Angus notified the Company on 2 October 2020 that all 3,560 Ordinary Shares were sold on 1 October 2020 at a price of 352.0 pence per share.

 

Following these transactions, the beneficial holding of Angus MacSween in the Company remains 17,003,409 Ordinary Shares, which represents 15.5% of the total voting rights in the Company.

Total Voting Rights

 

The Ordinary Shares which were acquired and sold by Angus, as well as other Ordinary Shares acquired by employees following the exercise of their SAYE share options, totalled 74,047 Ordinary Shares.

 

The total number of Ordinary Shares of 1 pence each of iomart Group plc as at the date of this notice is 109,227,840. There are 140,773 Ordinary Shares in the iomart Group plc Employee Benefit Trust and the Company holds none of its Ordinary Shares in treasury.

 

Therefore, the total number of voting rights in iomart Group plc is 109,368,613.

This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, iomart Group plc, under the Disclosures and Transparency Rules.

The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide 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

/Amendment

Initial notification

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 the

Financial instrument, type

of instrument

Identification code

Ordinary Shares of 1p each

 

 

GB0004281639

b. 

Nature of the transaction

Exercise of SAYE share options

 

c. 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

252.8p

3,560

d. 

Aggregated information

· Aggregated volume

· Price

 

 

3,560 shares

 

252.8p

 

e. 

Date of the transaction

1 October 2020

f. 

Place of the transaction

Outside a trading venue

 

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

/Amendment

Initial notification

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 the

Financial instrument, type

of instrument

Identification code

Ordinary Shares of 1p each

 

 

GB0004281639

b. 

Nature of the transaction

Sale of Ordinary Shares

 

c. 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

352.0p

3,560

d. 

Aggregated information

· Aggregated volume

· Price

 

 

3,560 shares

 

352.0p

 

e. 

Date of the transaction

1 October 2020

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 Broker)

Tel: 020 7418 8900

Edward Knight, Edward Allsopp, Nick Prowting




Investec Bank PLC (Joint Broker) 

Tel: 020 7597 4000

Patrick Robb, Virginia Bull, Sebastian Lawrence




Alma PR

Tel: 020 3405 0212

Caroline Forde, Helena Bogle


 

 

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