Business
Director Shareholding and Total Voting Rights
Director Shareholding and Total Voting Rights.
About this update from Iomart Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1564B\n Iomart Group PLC\n 05 October 2020\n \n \n \n \n \n \n \n 05 October 2020\n \n \n iomart Group plc\n \n \n (the \"Company\")\n \n \n Director Shareholding and Total Voting Rights\n \n \n iomart (AIM: IOM), the cloud computing company, announces that on 1 October 2020 Angus MacSween, Non-Executive Director, exercised 3,560 options over ordinary shares of 1 pence each (\"Ordinary Shares\") at an exercise price of 252.8 pence per share in relation to the Company's SAYE share option plan. Angus notified the Company on 2 October 2020 that all 3,560 Ordinary Shares were sold on 1 October 2020 at a price of 352.0 pence per share.\n \n \n \n \n \n Following these transactions, the beneficial holding of Angus MacSween in the Company remains 17,003,409 Ordinary Shares, which represents 15.5% of the total voting rights in the Company.\n \n \n Total Voting Rights\n \n \n \n \n \n The Ordinary Shares which were acquired and sold by Angus, as well as other Ordinary Shares acquired by employees following the exercise of their SAYE share options, totalled 74,047 Ordinary Shares.\n \n \n \n \n \n The total number of Ordinary Shares of 1 pence each of iomart Group plc as at the date of this notice is 109,227,840. There are 140,773 Ordinary Shares in the iomart Group plc Employee Benefit Trust and the Company holds none of its Ordinary Shares in treasury.\n \n \n \n \n \n Therefore, the total number of voting rights in iomart Group plc is 109,368,613. \n \n \n This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, iomart Group plc, under the Disclosures and Transparency Rules.\n \n \n The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.\n \n \n \n \n \n 1. \n \n \n \n \n Details of the person discharging managerial responsibilities / person closely associated\n \n \n \n \n \n \n a. \n \n \n \n \n Name\n \n \n \n \n Angus MacSween\n \n \n \n \n \n \n 2. \n \n \n \n \n Reason for the notification\n \n \n \n \n \n \n a. \n \n \n \n \n Position/status\n \n \n \n \n Non-Executive Director\n \n \n \n \n \n \n b. \n \n \n \n \n Init...