2018 SAYE Scheme and PDMR Interests

28 March 2019

iomart Group plc

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

2018 SAYE Scheme and PDMR Interests

iomart Group Plc, the cloud computing company, is pleased to announce that during the year it launched a 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 324.0 pence, a 20 per cent. discount to the closing middle market price of the Company's Ordinary Shares on 31 August 2018, the trading day before the invitation to participate was made. The options have a contract start date of 1 November 2018 and are exercisable between 1 November 2021 and 1 May 2022.

A total of 90 employees elected to participate, and pursuant to these elections a total of 186,810 options over Ordinary Shares were issued, equating to 0.17 per cent. of the current issued share capital.

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

As a result of this option grant, the Director's interest in Ordinary Shares under option is as follows:

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