Iomart Regulatory News (IOM)

24 July 2014

iomart Group plc

2.10 Announcement

Disclosure of total iomart Group plc ("iomart") shares in issue pursuant to Rule 2.10

In accordance with Rule 2.10 of the Code, iomart confirms that, at the date of this announcement, it had 106,834,803 ordinary shares of 1 pence each in issue and admitted to trading on AIM (excluding 968,203 shares held in treasury). The International Securities Identification Number for the iomart ordinary shares is GB0004281639.

The total number of ordinary shares attracting voting rights in iomart is therefore 106,834,803. This figure may be used by shareholders to determine the percentage of issued share capital they hold in iomart.

For further information:

iomart Group plc Tel: 0141 931 6400

Ian Ritchie

Peel Hunt LLP Tel: 020 7418 8900

(Financial Adviser, Nominated Adviser and Broker to iomart)

Richard Kauffer

Charles Batten

Daniel Harris

Oliver Jackson

Newgate Threadneedle Tel: 020 7653 9850

Caroline Forde

Hilary Millar

Peel Hunt LLP, which is authorised and regulated in the UK by the Financial Conduct Authority, is acting exclusively for iomart and no one else in connection with the possible offer and this announcement and will not be responsible to anyone other than iomart for providing the protections afforded to clients of Peel Hunt LLP nor for providing advice in connection with the possible offer or any matter referred to herein.

Disclosure requirements of the Code

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any paper offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any paper offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any paper offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any paper offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a paper offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any paper offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any paper offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any paper offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a paper offeror, they will be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.