Iomart Group PLC
02 September 2003
iomart Group plc
Additional Listing
Application has been made under a block listing for a total of 6,836,658 new
ordinary 1p shares to be admitted to AIM.
These shares may be issued pursuant to the following iomart share option
schemes, under which various grants of options to employees have been made
between March 2000 and July 2003:
Name of scheme Number of
shares under
option
Approved scheme 1,655,855
Enterprise management incentive scheme 2,748,000
Unapproved scheme 587,161
Savings related scheme 56,509
Other unapproved options 1,789,133
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6,836,658
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The directors have authority to grant options, under the approved scheme, the
enterprise management incentive scheme, the unapproved scheme and the savings
related scheme, over shares totalling 15% of the issued share capital. The total
number of shares over which options have been granted under these schemes
represents 8.5% of the current issued share capital.
It is expected that the block listing will become effective on 8 September 2003.
Thereafter six monthly returns will be made at the beginning of September and
the beginning of March each year.
These shares when issued will rank pari passu in all respects with the existing
ordinary shares in issue.
Enquiries:
iomart Group plc
Stewart Moir, Company Secretary 0141 931 7000
This information is provided by RNS
The company news service from the London Stock Exchange