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Iomart Group Plc
Completion of Concepta acquisition
Published Aug 15 2022
4 min read

Completion of Concepta acquisition

15 August 2022

iomart Group plc

("iomart" or the "Group" or the "Company")

 

NSI Act clearance and completion of the Concepta acquisition

 

iomart Group plc (AIM: IOM), the cloud computing company, is pleased to announce that, further to its announcement of 3 August 2022, it has now received the required clearance confirmation from the Department for Business, Energy & Industrial Strategy in accordance with section 14(8)(b)(ii) of the National Security and Investment Act 2021 and accordingly, iomart's acquisition of Concepta Capital Limited has been successfully completed.

 

 

For further information:

iomart Group plc

Tel: 0141 931 6400

Reece Donovan, Chief Executive Officer


Scott Cunningham, Chief Financial Officer




Peel Hunt LLP (Nominated Adviser and Joint Broker)

Tel: 020 7418 8900

Paul Gillam, James Smith

 



Investec Bank PLC (Joint Broker) 

Tel: 020 7597 4000

Patrick Robb, Virginia Bull, Sebastian Lawrence




Alma PR

Tel: 020 3405 0205

Caroline Forde, Hilary Buchanan, Joe Pederzolli


 

About iomart Group plc

 

iomart Group plc (AIM: IOM) is a cloud computing and IT managed services business providing hybrid cloud infrastructure, network connectivity, security, and digital workplace capability. Our mission is simple: to make our customers unstoppable by enabling them to connect, secure and scale anywhere, anytime. From our portfolio of data centres we own and operate across the UK to connected sites around the world, our 400-strong team can design and deploy the right cloud solution for our customers.

 

For further information about the Group, please visit www.iomart.com