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iomart Group plc announced that on 6 October 2021, Joanne Cunningham, a person closely associated with CFO Scott Cunningham, purchased 7,000 ordinary shares at 170.0 pence per share, increasing Scott Cunningham's beneficial interest to 20,000 shares (0.018% of total voting rights). Also on 6 October 2021, Non-Executive Director Karyn Lamont purchased 7,000 ordinary shares at 170.004 pence per share, resulting in her beneficial interest of 7,000 shares (0.006% of total voting rights).
| Date | 7 Oct 2021 |
| Time | 07:00:09 |
| Category | Director/PDMR dealings |
| ID | 2740O |
7 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 6 October 2021 by Directors of the Company:
· Joanne Cunningham, spouse and thus a person closely associated ("PCA") to Scott Cunningham, Chief Financial Officer, purchased 7,000 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 170.0 pence per Ordinary share. Following this transaction, Scott Cunningham's beneficial interest is 20,000 Ordinary Shares representing 0.018% of the total voting rights in the Company.
· Karyn Lamont, Non-Executive Director, purchased 7,000 ordinary shares of 1 pence each at a price of 170.0 pence per Ordinary share. Following this transaction, Karyn Lamont's beneficial interest in the Company is 7,000 Ordinary Shares representing 0.006% of the total voting rights in the Company.
The attached notification, which has been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a. |
Name |
Joanne Cunningham |
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2. |
Reason for the notification |
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a. |
Position/status |
PCA to Scott Cunningham, Chief Financial Officer |
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b. |
Initial notification /Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a. |
Name |
iomart Group plc |
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b. |
LEI |
213800MME6X5NGP7NC68 |
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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 |
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a. |
Description of the Financial instrument, type of instrument Identification code |
Ordinary Shares of 1p each
GB0004281639 |
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b. |
Nature of the transaction |
Purchase of shares
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c. |
Price(s) and volume(s) |
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d. |
Aggregated information · Aggregated volume · Price
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e. |
Date of the transaction |
6 October 2021 |
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f. |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |
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5. |
Details of the person discharging managerial responsibilities / person closely associated |
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a. |
Name |
Karyn Lamont |
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6. |
Reason for the notification |
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a. |
Position/status |
Non-Executive Director |
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b. |
Initial notification /Amendment |
Initial notification |
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7. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a. |
Name |
iomart Group plc |
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b. |
LEI |
213800MME6X5NGP7NC68 |
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8. |
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 |
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a. |
Description of the Financial instrument, type of instrument Identification code |
Ordinary Shares of 1p each
GB0004281639 |
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b. |
Nature of the transaction |
Purchase of shares
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c. |
Price(s) and volume(s) |
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d. |
Aggregated information · Aggregated volume · Price
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e. |
Date of the transaction |
6 October 2021 |
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f. |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |
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For further information:
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iomart Group plc |
Tel: 0141 931 6400 |
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Reece Donovan, Chief Executive Officer |
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Scott Cunningham, Chief Financial Officer |
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Peel Hunt LLP (Nominated Adviser and Joint Broker) |
Tel: 020 7418 8900 |
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Edward Knight, Paul Gillam, James Smith |
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Investec Bank PLC (Joint Broker) |
Tel: 020 7597 4000 |
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Patrick Robb, Virginia Bull, Sebastian Lawrence |
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Alma PR |
Tel: 020 3405 0205 |
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Caroline Forde, Hilary Buchanan, Joe Pederzolli |
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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