- Cloud computing group Iomart said Tuesday it had appointed Scott Cunningham as Group Finance Director after Richard Logan had announced his intention to retire from the role. Cunningham is expected to take up the role from 3 September 2018.

Cunningham has had over 25 years' experience in the accounting and finance profession and was Group Finance Director of AIM listed InterBulk Group for nine years before the group was successfully sold to Den Hartogh in March 2016.

Logan had agreed to be available until the end of December 2018 in order to ensure an orderly handover, the company said.

At 9:57am: [LON:IOM] Iomart Group PLC share price was -10p at 375.5p

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