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Iomart Group PLC (IOM)

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Thursday 07 October, 2021

Iomart Group PLC

Directors' Shareholding

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

/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

Purchase of shares

 

c. 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

170.0 pence

7,000

 

d. 

Aggregated information

· Aggregated volume

· Price

 

 

Price(s)

 

Volume(s)

£11,900.00

7,000

 

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

/Amendment

Initial notification

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 the

Financial instrument, type

of instrument

Identification code

Ordinary Shares of 1p each

 

 

GB0004281639

b. 

Nature of the transaction

Purchase of shares

 

c. 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

170.004 pence

7,000

 

d. 

Aggregated information

· Aggregated volume

· Price

 

 

Price(s)

 

Volume(s)

£11,903.08

7,000

 

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 Broker)

Tel: 020 7418 8900

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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