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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 134.00 | 134.00 | 136.00 | 785 | 08:00:18 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Services, Nec | 115.64M | 7M | 0.0624 | 21.47 | 150.16M |
From Apr 2019 to Apr 2024
TIDMIOM
RNS Number : 8611A
Iomart Group PLC
01 October 2020
1 October 2020
iomart Group plc
("iomart" or the "Group" or the "Company")
Launch of 2020 SAYE Scheme
iomart Group Plc, the cloud computing company, is pleased to announce that it launched a Save As You Earn ('SAYE') share scheme for all employees, under which employees were offered the opportunity to participate in the future growth of the Company via share option arrangements.
Eligible employees were invited to subscribe for options over the Company's Ordinary Shares of 1 pence each ('Ordinary Shares') with an exercise price of 276.0 pence, a 20 per cent. discount to the closing middle market price of the Company's Ordinary Shares on 13 August 2020, the trading day before the invitation to participate was made. The options have a contract start date of 1 October 2020 and are exercisable between 1 October 2023 and 31 March 2024.
A total of 107 employees elected to participate, and pursuant to these elections a total of 271,993 options over Ordinary Shares were issued, equating to 0.25 per cent. of the issued share capital at 1 October 2020.
Two of the Directors of the Company, detailed below, elected to participate in the SAYE scheme and are included in the total figures above.
As a result of this option grant, these Directors' interests in Ordinary Shares are as follows:
Hot Features
Premium
Director Options granted Total interest % of issued
over Ordinary Shares held under option share capital
under 2020 SAYE
scheme
Reece Donovan 6,521 327,950 0.30%
Scott Cunningham 6,521 291,662 0.27%
iomart Group plc Tel: 0141 931 6400
Reece Donovan, Chief Executive Officer
Scott Cunningham, Chief Financial
Officer
Peel Hunt LLP (Nominated Adviser Tel: 020 7418 8900
and Broker)
Edward Knight, Edward Allsopp, Nick
Prowting
Investec Bank PLC (Joint Broker) Tel: 020 7597 4000
Patrick Robb, Virginia Bull, Sebastian
Lawrence
Alma PR Tel: 020 3405 0212
Caroline Forde, Helena Bogle
The notifications 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 Reece Donovan
------------------------------ ----------------------------------
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 of Ordinary Shares of 1p each
the
Financial instrument,
type GB0004281639
of instrument
Identification
code
------------------------------ ----------------------------------
b. Nature of the Options granted under SAYE scheme
transaction
------------------------------ ----------------------------------
c. Price(s) and volume(s) Exercise Price(s) Volume(s)
276.0p 6,521
----------
------------------------------ ----------------------------------
d. Aggregated information
* Aggregated volume 6,521 shares
n/a
* Price
------------------------------ ----------------------------------
e. Date of the transaction 1 October 2020
------------------------------ ----------------------------------
f. Place of the transaction Outside a trading venue
------------------------------ ----------------------------------
5. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Scott Cunningham
------------------------------ ----------------------------------
6. Reason for the notification
------------------------------------------------------------------
a. Position/status Chief Financial Officer
------------------------------ ----------------------------------
b. Initial notification Initial notification
/Amendment
------------------------------ ----------------------------------
7. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------
a. Name iomart Group plc
------------------------------ ----------------------------------
b. LEI 213800MME6X5NGP7NC68
------------------------------ ----------------------------------
8. 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 Ordinary Shares of 1p each
the
Financial instrument,
type GB0004281639
of instrument
Identification
code
------------------------------ ----------------------------------
b. Nature of the Options granted under SAYE scheme
transaction
------------------------------ ----------------------------------
c. Price(s) and volume(s) Exercise Price(s) Volume(s)
276.0p 6,521
----------
------------------------------ ----------------------------------
d. Aggregated information
* Aggregated volume 6,521 shares
n/a
* Price
------------------------------ ----------------------------------
e. Date of the transaction 1 October 2020
------------------------------ ----------------------------------
f. Place of the transaction Outside a trading venue
------------------------------ ----------------------------------
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.
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END
DSHFSMFLFESSEFS
(END) Dow Jones Newswires
October 01, 2020 10:19 ET (14:19 GMT)
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