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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-1.50 | -1.16% | 127.50 | 125.00 | 127.00 | 128.00 | 125.00 | 127.50 | 162,281 | 16:35:14 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Services, Nec | 115.64M | 7M | 0.0624 | 20.03 | 140.08M |
TIDMIOM
RNS Number : 2782Y
Iomart Group PLC
08 May 2019
8 May 2019
iomart Group plc
(the "Company")
Grant of Awards to Directors
iomart Group plc (AIM: IOM) the cloud computing company, today announces that on 7 May 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 ("Ordinary Shares") and are exercisable at an exercise price of 1p and will be awarded in respect of the March 2022 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 180,668. The following table sets out the details of the options that have been issued to Directors:
Name of Director Number of options Total number Percentage of granted over of options over issued shares ordinary shares ordinary shares under option Angus MacSween 115,999 1,127,194 1.04% ------------------ ----------------- --------------- Scott Cunningham 64,669 204,998 0.19% ------------------ ----------------- --------------- Total 180,668 1,332,192 1.23% ------------------ ----------------- --------------- iomart Group plc Tel: 0141 931 6400 Angus MacSween, Chief Executive Scott Cunningham, Chief Financial Officer Peel Hunt LLP (Nominated Adviser and Tel: 020 7418 8900 Broker) Edward Knight Peter Stewart Nick Prowting Alma PR Tel: 020 3405 0212 Caroline Forde Hilary Buchanan Helena Bogle 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 1p each of the Financial instrument, type ISIN: GB0004281639 of instrument Identification code ------------------------------ ---------------------------------------------- b. Nature of the Grant of options over 115,999 ordinary transaction shares under the iomart Group plc Unapproved Share Option Scheme 2013 ------------------------------ ---------------------------------------------- c. Price(s) and Exercise Volume(s) volume(s) Price(s) 1p 115,999 ---------- ------------------------------ ---------------------------------------------- d. Aggregated information * Aggregated volume n/a single transaction * Price ------------------------------ ---------------------------------------------- e. Date of the 7 May 2019 transaction ------------------------------ ---------------------------------------------- f. Place of the Outside a trading venue transaction ------------------------------ ---------------------------------------------- 1. Details of the person discharging managerial responsibilities / person closely associated a. Name Scott Cunningham ------------------------------ --------------------------------------------- 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 1p each of the Financial instrument, type ISIN: GB0004281639 of instrument Identification code ------------------------------ --------------------------------------------- b. Nature of the Grant of options over 64,669 ordinary shares transaction under the iomart Group plc Unapproved Share Option Scheme 2013 ------------------------------ --------------------------------------------- c. Price(s) and Exercise Volume(s) volume(s) Price(s) 1p 64,669 ---------- ------------------------------ --------------------------------------------- d. Aggregated information * Aggregated volume n/a single transaction * Price ------------------------------ --------------------------------------------- e. Date of the 7 May 2019 transaction ------------------------------ --------------------------------------------- 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
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(END) Dow Jones Newswires
May 08, 2019 02:00 ET (06:00 GMT)
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