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IOM Iomart Group Plc

131.50
-1.50 (-1.13%)
25 Apr 2024 - Closed
Delayed by 15 minutes
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
  -1.50 -1.13% 131.50 130.50 132.00 132.50 130.50 132.50 25,064 16:35:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Services, Nec 115.64M 7M 0.0624 20.91 146.24M

Iomart Group PLC Grant of Awards to Directors (8463J)

04/04/2018 3:31pm

UK Regulatory


Iomart (LSE:IOM)
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From Apr 2019 to Apr 2024

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TIDMIOM

RNS Number : 8463J

Iomart Group PLC

04 April 2018

04 April 2018

iomart Group plc

(the "Company")

Grant of Awards to Directors

iomart Group plc (AIM: IOM) the cloud computing company, announces that on 4(th) April the Remuneration Committee agreed to grant options to the Executive Directors 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 in the Company, are exercisable at an exercise price of 1p and will be awarded in respect of the 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 under the Scheme is 172,278. The following table sets out the details of the options that have been issued to Directors:

 
     Name of Director        Number of              Resultant            Percentage 
                              new options            total number         of issued 
                              granted over           of options           shares under 
                              ordinary shares        over ordinary        option 
                                                     shares 
----------------------  ---------------------  -------------------  ------------------ 
     Angus MacSween                   107,674            1,056,048               0.98% 
----------------------  ---------------------  -------------------  ------------------ 
     Richard Logan                     64,604              658,734               0.61% 
----------------------  ---------------------  -------------------  ------------------ 
     Total                            172,278            1,714,782               1.59% 
----------------------  ---------------------  -------------------  ------------------ 
 
 
     iomart Group plc             Tel: 0141 931 6400 
     Angus MacSween 
      Richard Logan 
 
                             Tel: 020 7418 8900 
      Peel Hunt LLP 
      (Nominated Adviser 
      and Broker) 
 
       Ed Knight 
       Nick Prowting 
 
                             Tel: 020 8004 4218 
       Alma PR 
       (Financial PR) 
       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                           Angus MacSween 
-------  -----------------------------  --------------------------------------- 
 2.           Reason for the notification 
-------  ---------------------------------------------------------------------- 
     a.       Position/status                Chief Executive Officer 
-------  -----------------------------  --------------------------------------- 
     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                    Options over ordinary shares of 
               of the                         1p each 
               Financial 
               instrument, 
               type                           ISIN: GB0004281639 
               of instrument 
               Identification 
               code 
-------  -----------------------------  --------------------------------------- 
     b.       Nature of                      Grant of options over 107,674 
               the transaction                ordinary shares under the iomart 
                                              Group plc Unapproved Share Option 
                                              Scheme 2013 
-------  -----------------------------  --------------------------------------- 
     c.       Price(s) and                         Exercise        Volume(s) 
               volume(s)                             Price(s) 
                                               --------------  -------------- 
                                                    1p              107,674 
                                               --------------  -------------- 
-------  -----------------------------  --------------------------------------- 
     d.       Aggregated 
               information                     n/a single transaction 
                *    Aggregated volume 
 
 
                *    Price 
-------  -----------------------------  --------------------------------------- 
     e.       Date of the                    4 April 2018 
               transaction 
-------  -----------------------------  --------------------------------------- 
     f.       Place of the                   Outside a trading venue 
               transaction 
-------  -----------------------------  --------------------------------------- 
 
 
     1.       Details of the person discharging managerial 
               responsibilities / person closely associated 
-------  ------------------------------------------------------------------------- 
   a.         Name                           Richard Logan 
-------  -----------------------------  ------------------------------------------ 
     2.       Reason for the notification 
-------  ------------------------------------------------------------------------- 
     a.       Position/status                Chief Financial Officer 
-------  -----------------------------  ------------------------------------------ 
     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                    Options over ordinary shares of 
               of the                         1p each 
               Financial 
               instrument, 
               type                           ISIN: GB0004281639 
               of instrument 
               Identification 
               code 
-------  -----------------------------  ------------------------------------------ 
     b.       Nature of                      Grant of options over 64,604 ordinary 
               the transaction                shares under the iomart Group 
                                              plc Unapproved Share Option Scheme 
                                              2013 
-------  -----------------------------  ------------------------------------------ 
     c.       Price(s) and                         Exercise        Volume(s) 
               volume(s)                             Price(s) 
                                               --------------  -------------- 
                                                    1p              64,604 
                                               --------------  -------------- 
-------  -----------------------------  ------------------------------------------ 
     d.       Aggregated 
               information                                 n/a single transaction 
                *    Aggregated volume 
 
 
                *    Price 
-------  -----------------------------  ------------------------------------------ 
     e.       Date of the                    4 April 2018 
               transaction 
-------  -----------------------------  ------------------------------------------ 
     f.       Place of the                   Outside a trading venue 
               transaction 
-------  -----------------------------  ------------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLLFFSSAISIIT

(END) Dow Jones Newswires

April 04, 2018 10:31 ET (14:31 GMT)

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