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IOMART GROUP PLC — Director's Dealing 2023
Jan 31, 2023
7717_dirs_2023-01-31_9c9cb178-1f51-4309-8dbe-a00c6d7109e1.html
Director's Dealing
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RNS Number : 4107O
Iomart Group PLC
31 January 2023
31 January 2023
iomart Group plc
("iomart", the "Group" or the "Company")
Director's Shareholding
iomart (AIM:IOM), the cloud computing company, has been notified on 30 January 2023, by Angus MacSween, Non Executive Director, that he exercised 340,000 unapproved options of 1 pence each and retained them in shares. Following this transaction, Angus MacSween's beneficial interest is 17,343,409 Ordinary Shares representing 15.766% 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
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 Options
c.
Price(s) and volume(s)
| Exercise Price(s) | Volume(s) |
| 1.0p | 340,000 |
d.
Aggregated information
· Aggregated volume
· Price
| Exercise Price(s) | Volume(s) |
| £3,400.00 | 340,000 |
e.
Date of the transaction
30 January 2023
f.
Place of the transaction
Off market
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 |
| 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 |
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