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IOM Iomart Group Plc

127.50
-1.50 (-1.16%)
09 May 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 -1.16% 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

Iomart Group PLC Grant of Awards to Directors (2782Y)

08/05/2019 7:00am

UK Regulatory


Iomart (LSE:IOM)
Historical Stock Chart


From May 2019 to May 2024

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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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May 08, 2019 02:00 ET (06:00 GMT)

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