Iomart Group PLC Director/PDMR Shareholding and Total Voting Rights (2515R)

TIDMIOM

RNS Number : 2515R

Iomart Group PLC

07 December 2016

07 December 2016

iomart Group plc

(the "Company")

Notification of a transaction by a person discharging managerial responsibilities ("PDMR") in ordinary shares of 1p each in the Company.

iomart (AIM:IOM), the cloud computing company, has today been notified that Sarah Haran, Director of the Company, exercised 58,115 options over Ordinary Shares of 1 pence each at an exercise price of 50.5 pence per share on 06 December 2016. Mrs Haran sold the resulting 58,115 Ordinary Shares on 07 December 2016 at a price of 289.0 pence per share.

Following this transaction, Sarah Haran's beneficial interest remains at 1,951,747 Ordinary Shares representing 1.82 per cent. of the voting rights in the Company.

To satisfy this exercise of options, iomart announces that it has issued 58,115 (0.05 per cent) iomart Ordinary Shares of 1 pence each out of treasury.

As a result of the above, the total number of ordinary shares of 1 pence each of iomart Group plc as at the date of this notice is 107,803,006. There are 140,773 ordinary shares in the iomart Group plc Employee Benefit Trust and the Company holds 339,615 of its ordinary shares in treasury.

Therefore, the total number of voting rights in iomart Group plc is 107,322,618.

The above figure of 107,322,618 shares 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 notification, 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                            Sarah Haran 
---  ------------------------------  ------------------------------- 
 2.   Reason for the notification 
---  --------------------------------------------------------------- 
 a.   Position/status                 COO - Director 
---  ------------------------------  ------------------------------- 
 b.   Initial notification            Initial notification 
       /Amendment 
---  ------------------------------  ------------------------------- 
 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                     Ordinary 1p shares 
       of the 
       Financial 
       instrument,                     GB0004281639 
       type 
       of instrument 
       Identification 
       code 
---  ------------------------------  ------------------------------- 
 b.   Nature of                       Exercise of EMI share options 
       the transaction                 and sale of shares 
---  ------------------------------  ------------------------------- 
 c.   Price(s) and                      Price(s)    Volume(s) 
       volume(s)                        ----------  ---------- 
                                         GBP2.89     58,115 
                                        ----------  ---------- 
---  ------------------------------  ------------------------------- 
 d.        Aggregated 
            information                            58,115 shares 
             *    Aggregated volume 
                                                   GBP2.89 
 
             *    Price 
---  ------------------------------  ------------------------------- 
 e.   Date of the                     2016-12-07; 15:39:42 UTC 
       transaction 
---  ------------------------------  ------------------------------- 
 f.   Place of the                    AIM market of the London Stock 
       transaction                     Exchange 
---  ------------------------------  ------------------------------- 
 
 
 iomart Group plc                   Tel: [phone] 
                                     6400 
 Angus MacSween, Chief Executive 
 Richard Logan, Finance Director 
 
 
 Peel Hunt LLP (Nominated Adviser   Tel: [phone] 
  and Broker)                        8900 
 Richard Kauffer 
 Euan Brown 
 
 
   Alma PR                            Tel: [phone] 
                                      4217 
 Caroline Forde 
 Hilary Buchanan 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 07, 2016 12:20 ET (17:20 GMT)