Gamma Communications PLC Exercise of Options and Director/PDMR Shareholding (3894Z)

TIDMGAMA

RNS Number : 3894Z

Gamma Communications PLC

14 December 2017

14 December 2017

Gamma Communications plc

("Gamma" or the "Company")

Exercise of Options and Director/PDMR Shareholding

The Company announces that, following the receipt of notices to exercise options from a current employee and a number of former employees, it has approved the issue of 40,533 Ordinary Shares (the "New Ordinary Shares").

Application has been made for the New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 20 December 2017.

Following the issue of the New Ordinary Shares, the number of Ordinary Shares in issue will increase to 93,289,973. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following this allotment consists of 93,289,973 Ordinary Shares with voting rights attached. There are no Shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Gamma Communications plc under the DTRs.

The Company has also been informed that the following PDMR & PCA sold Ordinary Shares on 13 December 2017 at 632p in the quantities shown below:

      Malcolm Goddard (PDMR)                                         4,000 
      Jenny Goddard (PCA of Malcolm Goddard)               1,940 
 
 Gamma Communications plc              Tel: +44 (0)333 
  Bob Falconer, Chief Executive         006 5972 
  Officer 
  Andrew Belshaw, Chief Financial 
  Officer 
  Malcolm Goddard, Company Secretary 
 Investec Bank plc (NOMAD & Broker)    Tel: [phone] 
  Corporate Finance: Andrew Pinder      5970 
  / Sebastian Lawrence 
  Corporate Broking: Patrick Robb 
 

Appendix

 
 1.   Details of PDMR / person closely associated 
       with them ('PCA') 
===  ========================================================= 
 a)   Name                   Malcolm Goddard 
===  =====================  ================================== 
 b)   Position /             Company Secretary 
       status 
===  =====================  ================================== 
 c)   Initial notification   Initial Notification 
       / amendment 
===  =====================  ================================== 
 2.   Details of the transaction(s): section 
       to be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
===  ========================================================= 
 a)   Description            Gamma Communications plc Ordinary 
       of the financial       Shares of 0.25p each 
       instrument 
===  =====================  ================================== 
 b)   Nature of              Sale Of Ordinary Shares of 0.25p 
       the transaction        each 
===  =====================  ================================== 
 
 
 c)   Price(s) and 
       volume(s) 
 
                         Price(s)   Volume(s) 
                        =========  ========== 
                        6.32       4,000 
                        =========  ========== 
===  ==============  =============================== 
 d)   Aggregated 
       information 
       Aggregated 
       volume Price 
===  ==============  =============================== 
 e)   Date of the     13-12-2017 
       transaction 
===  ==============  =============================== 
 f)   Place of the    London Stock Exchange - (XLON) 
       transaction 
===  ==============  =============================== 
 
 
 1.   Details of PDMR / person closely associated 
       with them ('PCA') 
===  ========================================================= 
 a)   Name                   Jenny Goddard 
===  =====================  ================================== 
 b)   Position /             PCA of Malcolm Goddard 
       status 
===  =====================  ================================== 
 c)   Initial notification   Initial Notification 
       / amendment 
===  =====================  ================================== 
 2.   Details of the transaction(s): section 
       to be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
===  ========================================================= 
 a)   Description            Gamma Communications plc Ordinary 
       of the financial       Shares of 0.25p each 
       instrument 
===  =====================  ================================== 
 b)   Nature of              Sale Of Ordinary Shares of 0.25p 
       the transaction        each 
===  =====================  ================================== 
 
 
 c)   Price(s) and 
       volume(s) 
 
                         Price(s)   Volume(s) 
                        =========  ========== 
                        6.32       1,940 
                        =========  ========== 
===  ==============  =============================== 
 d)   Aggregated 
       information 
       Aggregated 
       volume Price 
===  ==============  =============================== 
 e)   Date of the     13-12-2017 
       transaction 
===  ==============  =============================== 
 f)   Place of the    London Stock Exchange - (XLON) 
       transaction 
===  ==============  =============================== 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 14, 2017 07:11 ET (12:11 GMT)