IOMART GROUP PLC — Share Issue/Capital Change 2016

Dec 7, 2016

National Storage Mechanism | Additional information

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RNS Number : 2515R

Iomart Group PLC

07 December 2016

07 December 2016

iomart Group plc

(the "Company")

Notification of a transaction by a person discharging managerial responsibilities ("PDMR") in ordinary shares of 1p each in the Company.

iomart (AIM:IOM), the cloud computing company, has today been notified that Sarah Haran, Director of the Company, exercised 58,115 options over Ordinary Shares of 1 pence each at an exercise price of 50.5 pence per share on 06 December 2016. Mrs Haran sold the resulting 58,115 Ordinary Shares on 07 December 2016 at a price of 289.0 pence per share.

Following this transaction, Sarah Haran's beneficial interest remains at 1,951,747 Ordinary Shares representing 1.82 per cent. of the voting rights in the Company.

To satisfy this exercise of options, iomart announces that it has issued 58,115 (0.05 per cent) iomart Ordinary Shares of 1 pence each out of treasury.

As a result of the above, the total number of ordinary shares of 1 pence each of iomart Group plc as at the date of this notice is 107,803,006. There are 140,773 ordinary shares in the iomart Group plc Employee Benefit Trust and the Company holds 339,615 of its ordinary shares in treasury.

Therefore, the total number of voting rights in iomart Group plc is 107,322,618.

The above figure of 107,322,618 shares 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 notification, 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

Sarah Haran

2.         

Reason for the notification

a.         

Position/status

COO - 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 1p shares

GB0004281639

b.         

Nature of the transaction

Exercise of EMI share options and sale of shares

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
£2.89	58,115

d.         

Aggregated information

·      Aggregated volume

·      Price

58,115 shares

£2.89

e.         

Date of the transaction

2016-12-07; 15:39:42 UTC

f.         

Place of the transaction

AIM market of the London Stock Exchange

iomart Group plc	Tel: 0141 931 6400
Angus MacSween, Chief Executive
Richard Logan, Finance Director
Peel Hunt LLP (Nominated Adviser and Broker)	Tel: 020 7418 8900
Richard Kauffer
Euan Brown
Alma PR	Tel: 020 8004 4217
Caroline Forde
Hilary Buchanan

This information is provided by RNS

The company news service from the London Stock Exchange

END

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