RNS Number : 9089N
Iomart Group PLC
04 October 2021
 

4 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 1 October 2021 by Directors of the Company :

 

·     Reece Donovan, Chief Executive Officer, purchased 8,200 ordinary shares of 1 pence each at a price of 182.5 pence per Ordinary Share.  Following this transaction, Reece Donovan's beneficial interest in the Company is 18,950 Ordinary Shares representing 0.017% of the total voting rights in the Company.

 

·    Ian Steele, Chairman, purchased 5,400 ordinary shares of 1 pence each at a price of 177.2 pence per share.  Following this transaction, Ian Steele's' beneficial interest is 15,400 Ordinary Shares representing 0.014% of the voting rights in the Company.

 

·    Richard Masters, Non-Executive Director, and his wife, Susan Masters, each purchased 2,700 ordinary shares of 1 pence each at a price of 182.8 pence per share.  Following these transactions, Richard Master's beneficial interest is 11,400 Ordinary Shares representing 0.010% of the voting rights in the Company.

 

The attached notifications, 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

Reece Donovan

2.         

Reason for the notification

a.         

Position/status

Chief Executive 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)

182.5 pence

8,200

 

d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

Price(s)

 

Volume(s)

£14,965.00

8,200

 

e.         

Date of the transaction

1st October 2021

f.         

Place of the transaction

London Stock Exchange, AIM Market (XLON)

1.

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Ian Steele

2.         

Reason for the notification

a.         

Position/status

Chairman

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)

177.2 pence

5,400

 

d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

Price(s)

 

Volume(s)

£9,568.80

5,400

 

e.         

Date of the transaction

1st October 2021

f.         

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Richard Masters

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

Purchase of Shares

 

c.         

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

182.8 pence

2,700

 

d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

Price(s)

 

Volume(s)

£4,935.60

2,700

 

e.         

Date of the transaction

1st October 2021

f.         

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

 

 

 

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Susan Masters

2.         

Reason for the notification

a.         

Position/status

PCA to Richard Masters, 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

Purchase of Shares

 

c.         

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

182.8 pence

2,700

 

d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

Price(s)

 

Volume(s)

£4,935.60

2,700

 

e.         

Date of the transaction

1st 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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