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Pin to quick picksIomart Regulatory News (IOM)

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Director's Shareholding and Total Voting Rights

1 Oct 2018 17:39

RNS Number : 6042C
Iomart Group PLC
01 October 2018
 

01 October 2018

iomart Group plc

("iomart" or the "Company")

 

Director's Shareholding and Total Voting Rights.

 

Director's Holdings

 

iomart (AIM:IOM), the cloud computing company, has today been notified that Angus MacSween (CEO), exercised 4,620 options over ordinary shares of 1 pence each ("Ordinary Shares") at an exercise price of 194.8 pence per share in relation to the Company's SAYE share option plan.

 

Following this exercise of options, the beneficial holding of Angus MacSween in the Company is 17,003,409 Ordinary Shares which represents 15.7% of the total voting rights in the Company.

 

Total Voting Rights

 

The Ordinary Shares which were acquired by Angus, as well as other Ordinary Shares acquired by employees following the exercise of their SAYE share options, totalled 112,264 Ordinary Shares.

 

The total number of Ordinary Shares of 1 pence each of iomart Group plc as at the date of this notice is 108,481,556. There are 140,773 Ordinary Shares in the 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 108,340,783.

This figure 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 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 SAYE share options

 

c.

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

194.8p

4,620

 

d.

Aggregated information

· Aggregated volume

· Price

 

 4,620 shares 

194.8p

e.

Date of the transaction

1 October 2018

f.

Place of the transaction

Outside a trading venue

 

iomart Group plc

Tel: 0141 931 6400

Angus MacSween, Chief Executive

 

Scott Cunningham, Chief Financial Officer

 

 

 

 

 

Peel Hunt LLP (Nominated Adviser and Broker)

Tel: 020 7418 8900

Edward Knight

 

Nick Prowting

 

 

 

 

Alma PR

 

Tel: 020 8004 4217

Caroline Forde

 

Helena Bogle

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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