Iomart Group plc (GB:IOM) has released an update.
Iomart Group plc, a secure cloud services provider, has announced an application for block listing of 3.3 million ordinary shares to be traded on the AIM market of the London Stock Exchange. These shares are allocated for the company’s Performance Share Plan and Sharesave Plan and are set to be admitted on 29 August 2024, which will be available for issuance upon the exercise of share options. This move exemplifies Iomart’s commitment to employee incentive schemes and its ongoing growth in the cloud services sector.
For further insights into GB:IOM stock, check out TipRanks’ Stock Analysis page.
