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Pin to quick picksIomart Regulatory News (IOM)

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Launch of 2024 SAYE Scheme

1 Mar 2024 07:00

RNS Number : 0333F
Iomart Group PLC
01 March 2024
 

1 March 2024

iomart Group plc

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

 

Launch of 2024 SAYE Scheme

iomart Group Plc, the cloud computing company, is pleased to announce that it launched a further Save As You Earn ('SAYE') share scheme for all employees, under which employees were offered the opportunity to participate in the future growth of the Company via share option arrangements.

 

Eligible employees were invited to subscribe for options over the Company's Ordinary Shares of 1 pence each ('Ordinary Shares') with an exercise price of 120.0 pence, a 20 per cent. discount to the closing middle market price of the Company's Ordinary Shares on 26 January 2024, the trading day before the invitation to participate was made. The options have a contract start date of 1 March 2024 and are exercisable between 1 March 2027 and 31 August 2027.

 

A total of 64 employees elected to participate in this further scheme, and pursuant to these elections a total of 320,668 options over Ordinary Shares were issued, equating to 0.29 per cent. of the issued share capital at 1 March 2024.

 

One of the Directors of the Company, detailed below, elected to participate in the SAYE scheme and are included in the total figures above.

 

As a result of this option grant, this Director's interests in Ordinary Shares are as follows:

 

Director

Options granted over Ordinary Shares under 2024 SAYE scheme

Total interest held under option

% of issued share capital

Lucy Dimes

15,458

628,041

0.56%

 

 

 

 

For further information:

 

iomart Group plc

 

Tel: 0141 931 6400

Lucy Dimes, Chief Executive Officer

Scott Cunningham, Chief Financial Officer

Investec Bank PLC (Nominated Adviser and Broker)

Tel: 020 7597 4000

Patrick Robb, Virginia Bull, Nick Prowting

 

Alma PR

Tel: 020 3405 0205

Caroline Forde, Hilary Buchanan, Kinvara Verdon

 

 

 

 

 

 

 

The notifications set out below is provided in accordance with the requirements of the UK Market Abuse Regulation.

1.

Details of the person discharging managerial responsibilities / person closely associated

a.

Name

Lucy Dimes

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

Options granted under SAYE scheme

 

c.

Price(s) and volume(s)

 

Exercise Price(s)

 

Volume(s)

120.0p

15,458

 

d.

Aggregated information

·Aggregatedvolume

·Price

 

 

15,458 shares

 

£18,549.60

 

e.

Date of the transaction

1 March 2024

f.

Place of the transaction

Outside a trading venue

 

 

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHSEMFIUELSEIE
Date   Source Headline
12th Nov 20247:00 amRNSNotice of Results
8th Nov 202411:19 amRNSDirector's Shareholding
1st Nov 20247:00 amRNSTotal Voting Rights and Share Capital
18th Oct 202410:26 amRNSNotification of major holdings
3rd Oct 20247:00 amRNSDirector's Shareholding
1st Oct 20247:00 amRNSAcquisition of Atech and H1 trading update
25th Sep 20244:01 pmRNSStatement re Press Comment
24th Sep 20241:48 pmRNSNotification of Major Holdings
3rd Sep 202411:51 amRNSResult of AGM
2nd Sep 202412:29 pmRNSTotal Voting Rights and Share Capital
2nd Sep 202412:28 pmRNSNotification of Major Holdings
2nd Sep 202412:26 pmRNSBlock Listing Six Monthly Return
28th Aug 202410:57 amRNSNotification of Major Holdings
28th Aug 202410:54 amRNSNotification of Major Holdings
23rd Aug 20247:01 amRNSBlock Listing Application
23rd Aug 20247:00 amRNSBlock Listing Cancellation
9th Aug 20247:00 amRNSNotice of AGM
1st Aug 20247:00 amRNSTotal Voting Rights and Share Capital
1st Jul 20247:01 amRNSTotal Voting Rights and Share Capital
1st Jul 20247:00 amRNSDirector's Shareholding
21st Jun 20242:04 pmRNSNotification of Major Holdings
11th Jun 20247:01 amRNSFinal Results
11th Jun 20247:00 amRNSChair Appointment and Directorate Change
3rd Jun 20247:00 amRNSTotal Voting Rights and Share Capital
22nd May 20241:16 pmRNSNotification of Major Holdings
14th May 202410:09 amRNSNotification of Major Holdings
14th May 20249:51 amRNSNotification of Major Holdings
8th May 20247:00 amRNSGrant of Options to Directors
7th May 20241:04 pmRNSNotification of Major Holdings
1st May 20247:00 amRNSTotal Voting Rights and Share Capital
11th Apr 20247:00 amRNSPre-close Trading Update and Notice of Results
8th Mar 202412:24 pmRNSNotification of major holdings
8th Mar 202412:09 pmRNSNotification of major holdings
1st Mar 20247:00 amRNSBlock listing Interim Review
1st Mar 20247:00 amRNSLaunch of 2024 SAYE Scheme
2nd Jan 20247:00 amRNSTotal Voting Rights and Share Capital
5th Dec 20237:01 amRNSAcquisition of Accesspoint Technologies
5th Dec 20237:00 amRNSHalf Year Results
1st Dec 20237:00 amRNSTotal Voting Rights and Share Capital
28th Nov 20237:00 amRNSNotice of Results
9th Nov 202311:01 amRNSNotification of Major Holdings
7th Nov 202311:20 amRNSGrant of Awards to Directors
6th Nov 202310:28 amRNSNotification of major holdings
1st Nov 20237:00 amRNSTotal Voting Rights & Share Capital
11th Oct 20237:00 amRNSTrading Update
2nd Oct 20237:00 amRNSTotal Voting Rights & Share Capital
29th Sep 20239:07 amRNSNotification of Major Holdings
21st Sep 20237:00 amRNSNotification of Major Holdings
18th Sep 20237:00 amRNSDirectorate Change
15th Sep 20234:44 pmRNSHolding(s) in Company

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