RNS Number : 2801S
Iomart Group PLC
22 June 2018
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22 June 2018

iomart Group plc

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

 

Director/PDMR Shareholding and Total Voting Rights

 

Directors' Holdings

 

iomart (AIM:IOM), the cloud computing company, announces that on 19 June 2018 Angus MacSween (CEO) and Richard Logan (Group Finance Director) exercised options due to expire in October 2018 over 43,010 and 28,495 ordinary shares of 1 pence each ("Ordinary Shares"), respectively, at an exercise price of 46.5 pence per share in relation to the Company's Enterprise Management Incentive scheme. Both Angus MacSween and Richard Logan yesterday notified the Company that the resulting 43,010 and 28,495 Ordinary Shares were sold on 19 and 20 June 2018 at an average price of 390.33 pence per share.

 

Following these transactions, Angus MacSween's beneficial interest remains at 16,998,789 Ordinary Shares representing 15.7% of the voting rights in the Company and Richard Logan's beneficial interest remains at 962,095 Ordinary Shares representing 0.9% of the voting rights in the Company.

 

 

Total Voting Rights

 

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 the notice is 108,358,042. There are 140,773 ordinary shares in iomart Group plc Employee Benefit Trust and the Company holds none of its Ordinary Shares in treasury.

 

Therefore, the total number of voting rights in iomart Group plc is 108,217,269.

 

The above figure of 108,217,269 shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their in, or a change to their in, iomart Group plc, under the Disclosures and Transparency Rules.

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

Angus MacSween

2.         

Reason for the notification

a.         

Position/status

CEO - 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 Enterprise Management Incentive share options due to expire in October 2018

 

c.         

Price(s) and volume(s)

 

Exercise Price(s)

 

Volume(s)

46.5p

43,010

 

d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

Exercise Price(s)

 

Volume(s)

46.5p

43,010

 

e.         

Date of the transaction

19/06/2018

f.         

Place of the transaction

Outside a trading venue

 

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

Sale of Ordinary Shares following the exercise of Enterprise Management Incentive share options due to expire in October 2018

c.         

Price(s) and volume(s)

 

Price(s)

Volume(s)

Date

387.877p

10,132

19/06/2018

389.000p

4,746

19/06/2018

389.918p

4,575

19/06/2018

390.333p

2,515

19/06/2018

390.500p

2,105

19/06/2018

389.549p

1,811

19/06/2018

392.000p

1,417

19/06/2018

389.666p

1,205

19/06/2018

391.219p

881

19/06/2018

393.000p

4,946

20/06/2018

393.390p

2,832

20/06/2018

392.636p

2,381

20/06/2018

394.710p

1,448

20/06/2018

389.501p

1,244

20/06/2018

389.000p

772

20/06/2018

 

d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

43,010 shares

 

390.33p

 

e.         

Date of the transaction

19/06/2018 and 20/06/2018

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 Logan

2.         

Reason for the notification

a.         

Position/status

Group Finance 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 Enterprise Management Incentive share options due to expire in October 2018

 

c.         

Price(s) and volume(s)

 

Exercise Price(s)

 

Volume(s)

46.5p

28,495

 

d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

Exercise Price(s)

 

Volume(s)

46.5p

28,495

 

e.         

Date of the transaction

19/06/2018

f.         

Place of the transaction

Outside a trading venue

 

 

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

Sale of Ordinary Shares following the exercise of Enterprise Management Incentive share options due to expire in October 2018

c.

Price(s) and volume(s)

 

Price(s)

Volume(s)

Date

387.877p

6,713

19/06/2018

389.000p

3,145

19/06/2018

389.918p

3,031

19/06/2018

390.333p

1,666

19/06/2018

390.500p

1,395

19/06/2018

389.549p

1,199

19/06/2018

392.000p

938

19/06/2018

389.666p

798

19/06/2018

391.219p

583

19/06/2018

393.000p

3,277

20/06/2018

393.390p

1,876

20/06/2018

392.636p

1,577

20/06/2018

394.710p

959

20/06/2018

389.501p

825

20/06/2018

389.000p

513

20/06/2018

 

d.

Aggregated information

·      Aggregated volume

·      Price

 

 

28,495 shares

 

390.33p

 

e.

Date of the transaction

19/06/2018 and 20/06/2018

f.

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

 

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

Ed Knight

 

Nick Prowting

 

 

 

 

Alma PR

 

Tel: 020 8004 4218

Caroline Forde

 

Helena Bogle

 

 


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