Cloud computing and hosting services provider Iomart (LON: IOM) has been struggling in recent years as profit and the share price have declined. Iomart chair Richard Last has bought an initial 50,000 shares at 77.27p each, which is not much above the low for the year. Richard Last joined the board last June.
The share price is currently 76.9p, which is around the lowest it has been since 2010. It has halved since the end of 2023.
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In December, non-executive director Annette Nabavi bought 5,500 shares at the beginning of 90.8p/share and these were also the first shares she acquired. For...