REG - Iomart Group PLC - Directors’ Shareholding

iomartAnnouncement

07/10/2021 07:05

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 Group, please visit  www.iomart.com 
 

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