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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Iomart Group Plc | LSE:IOM | London | Ordinary Share | GB0004281639 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.40 | 0.97% | 145.40 | 143.00 | 145.40 | 149.80 | 143.00 | 144.00 | 41,387 | 16:35:26 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Services, Nec | 115.64M | 7M | 0.0624 | 22.92 | 160.25M |
TIDMIOM
RNS Number : 9153Z
Iomart Group PLC
05 September 2018
5 September 2018
iomart Group plc
(the "Company")
Grant of Awards to Director
iomart Group plc (AIM: IOM), the cloud computing company, announces that on 4 September the Remuneration Committee agreed to grant options to Scott Cunningham, Group Finance Director, under the rules of the Company's Unapproved Share Option Scheme 2013 (the "Scheme").
The awards of options under the Scheme are over the ordinary shares of 1p each in the Company ("Ordinary Shares"), are exercisable at an exercise price of 1p and will be awarded in respect of the March 2019, March 2020 and March 2021 Full Year results. The options will not vest earlier than three years from the date of grant and their award will be subject to the achievement of economic targets.
The total number of options being issued to Scott Cunningham under the Scheme is 140,329. The following table sets out the detail of the options that have been issued:
Name of Director Number of options Total number Percentage of granted over of options over issued shares Ordinary Shares Ordinary Shares under option Scott Cunningham 140,329 140,329 0.13% ------------------ ----------------- --------------- iomart Group plc Tel: 0141 931 6400 Angus MacSween, Chief Executive Scott Cunningham, Group Finance Director Peel Hunt LLP (Nominated Adviser and Tel: 020 7418 8900 Broker) Edward Knight Nick Prowting Max Irwin Alma PR Tel: 020 8004 4218 Caroline Forde Helena Bogle
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
1. Details of the person discharging managerial responsibilities / person closely associated a. Name Scott Cunningham ------------------------------- ---------------------------------------------- 2. Reason for the notification ------------------------------------------------------------------------------- a. Position/status Group Finance 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 of Options over ordinary shares of 1p each the Financial instrument, type ISIN: GB0004281639 of instrument Identification code ------------------------------- ---------------------------------------------- b. Nature of the Grant of options over 140,329 Ordinary Shares transaction under the iomart Group plc Unapproved Share Option Scheme 2013 ------------------------------- ---------------------------------------------- c. Price(s) and Exercise Price(s) Volume(s) volume(s) 1p 140,329 ---------- ------------------------------- ---------------------------------------------- Aggregated information * Aggregated volume 140,329 d. * Price 1p ------------------------------- ---------------------------------------------- e. Date of the transaction 4 September 2018 ------------------------------- ---------------------------------------------- f. Place of the Outside a trading venue transaction ------------------------------- ----------------------------------------------
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.
END
DSHLLFERARIEIIT
(END) Dow Jones Newswires
September 05, 2018 12:57 ET (16:57 GMT)
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