REG - Iomart Group PLC - Directorate Change

iomartAnnouncement

18/09/2023 07:00

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RNS Number : 6806M  Iomart Group PLC  18 September 2023

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 

18 September, 2023

iomart Group plc

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

 

Directorate Changes

 

The Board of iomart (AIM: IOM), the cloud computing company, announces that
Reece Donovan will be stepping down as Chief Executive Officer and leaving the
Company with immediate effect. Reece joined the Board as Chief Operating
Officer in March 2020 and became Chief Executive Officer in September 2020.

 

The Board would like to thank Reece for all his work in transitioning the
business through the COVID-19 pandemic and energy crisis while helping to
reposition iomart's managed service offering within the broader hybrid cloud
marketplace.

 

Lucy Dimes, Executive Chair, will become Chief Executive Officer on a
full-time basis, with immediate effect. A search for a new Chair will commence
in due course.

 

The Company will announce its scheduled Trading Update for the 6 months ended
30 September 2023 in October 2023.

 

For further information:

 

 iomart Group plc                                    Tel: 0141 931 6400
 Lucy Dimes, Chief Executive Officer and Chair
 Scott Cunningham, Chief Financial Officer

 Investec Bank PLC (Nominated Adviser & Broker)      Tel: 020 7597 4000
 Patrick Robb, Virginia Bull, Nick Prowting

 Alma                                                Tel: 020 3405 0205
 Caroline Forde, Hilary Buchanan, Joe Pederzolli

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018 (as amended). This
announcement is issued on behalf of the Company by Scott Cunningham, Chief
Financial Officer.

 

About iomart Group plc

 

iomart Group plc (AIM: IOM) is a cloud computing and IT managed services
business providing hybrid cloud infrastructure, network connectivity,
security, and digital workplace capability. Our mission is simple: to make our
customers unstoppable 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, our 470-strong team can design and deploy
the right cloud solution for our customers.

 

For further information about the Group, please visit  www.iomart.com
(http://www.iomart.com/)

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