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Iomart – after emphasising “first phase” of strategy just over a month ago, already “Directorate Changes”!?

By Steve Moore | Friday 30 May 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Iomart Group (IOM) has announced that “Lucy Dimes will be stepping down as Chief Executive Officer and leaving the company… The board would like to thank Lucy for all her work in helping to reposition iomart’s business to more fully address the opportunities in the Public and Private Cloud and Security markets”. Hmmm, what about this including with that the appointment as CEO was only in September 2023 and shares in the group currently just over 5% down at 27.7p in response?
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