31 August 2021
iomart Group plc
("iomart" or the "Group" or the "Company")
Results of AGM
iomart Group plc (AIM:IOM), the cloud computing company, announces that all resolutions were duly passed at the Company's Annual General Meeting held on 31 August 2021.
The results of the votes received in relation to the resolutions will be made available on the Company's website at www.iomart.com/investors.
The iomart board notes that in respect of Resolution 2 (an advisory resolution to approve the report of the board to members on directors' remuneration), 18.73% voted against this resolution. The board confirms that it has discussed with certain institutional shareholders why they voted against Resolution 2, being concerns related to the vesting period of the initial option award for a newly appointed executive director. The board understands the views which have been expressed and will take these into account as and when future executive board directors are recruited by iomart.
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
Edward Knight, Paul Gillam, James Smith
Investec Bank PLC (Joint Broker)
Tel: 020 7597 4000
Patrick Robb, Virginia Bull, Sebastian Lawrence
Tel: 020 3405 0205
Caroline Forde, Hilary Buchanan, Joe Pederzolli
About iomart Group plc
For over 20 years iomart Group plc (AIM: IOM) has been helping growing organisations to maximise the flexibility, cost effectiveness and scalability of the cloud. From data centres we own and operate in the U.K., and from connected facilities across the globe, we can provide multiple secure infrastructure solutions from branch office backups, to hyper cloud migrations, and everything in between, delivered typically with a 24/7 managed service. Our team of over 400 dedicated staff work with our customers at the strategy stage through to delivery and ongoing management, to implement the secure cloud solutions that deliver to their business requirements.
For further information about the Group, please visit www.iomart.com