Gama Aviation PLC Allotment of Shares, Director & PDMR Dealings

RNS Number : 3404P

Gama Aviation PLC

21 May 2024

 

Gama Aviation Plc (AIM: GMAA)

 

Allotment of shares Director & PDMR Dealings and Total Voting Rights

 

 

Gama Aviation Plc ("Gama Aviation" or the "Company") announces that it has allotted 786,394 new ordinary shares of 1p each ("Ordinary Shares") pursuant to the Company's share option schemes.  Of which in aggregate, 277,894 Ordinary Shares were issued to Stephen Wright and certain other  persons carrying out managerial responsibilities ("PDMR") details of which are set out below:

Director/ PDMR	Position	Number of Ordinary Shares issued pursuant to the exercise of options
Stephen Wright	Director	78,947
Mine Taylor	PDMR	78,947
Timothy Ford	PDMR	25,000
Mark Smith	PDMR	35,000
Duncan Daines	PDMR	47,500
Julia Mahmood	PDMR	12,500

Application has been made to the London Stock Exchange for the admission ("Admission") of the 786,394 new Ordinary Shares to trading on AIM, which is expected to take place at 8.00am on 22 May 2024.

Following Admission Stephen Wright will be beneficially interested in 342,135 Ordinary Shares, representing 0.53% of the issued share capital of the Company on Admission.

In addition, Peter Brown (Chairman), Stephen Wright (Director), and Stephen Mount (NED) have accepted the Company's cash settlement proposal in respect of their 30,000; 308,553 and 40,000 share options respectively pursuant to the Company's ASOP scheme. No Ordinary Shares will be issued pursuant to these share options, which will be settled in cash.

All new Ordinary Shares referred to in this announcement will rank pari passu with the existing Ordinary Shares of the Company.

Total Voting Rights

Following Admission of the Ordinary Shares referred to in this announcement, the Company's issued share capital will consist of 64,827,673 Ordinary Shares in aggregate, with no shares held in Treasury. Accordingly, the figure of 64,827,673 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

 For more information contact:

Gama Aviation Plc                                                   [phone]

Mine Taylor, Company Secretary

 

Gama Aviation - Notes to Editors

Founded in 1983 on the simple purpose of providing aviation services that equip its customers with decisive advantage, Gama Aviation Plc (LSE AIM: GMAA) is a highly valued global partner to blue chip corporations, government agencies, healthcare trusts and private individuals.

The Group has three global divisions: Business Aviation (Aircraft Management, Charter, FBO & Maintenance), Special Mission (Air Ambulance & Rescue, National Security & Policing, Infrastructure & Survey, Energy & Offshore); and Technology & Outsourcing (including Flight Operations, FBO, CAM software and a range of aviation software solutions, Flight Planning, CAM & ARC services).

More details can be found at: www.gamaaviation.com  

  

 

 

 

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Wright
2	Reason for the notification
a)	Position/status	Chief Compliance Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gama Aviation plc
b)	LEI	213800PPPRG2WINUMO24
4	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 of the financial instrument, type of instrument   Identification code	Ordinary shares of a penny each   GB00B3ZP1526
b)	Nature of the transaction	Exercise of options under the Company's share option scheme
c)	Price(s) and volume(s)	Price(s)   Volume(s) 68.8p 78,947
d)	Aggregated information     - Aggregated volume     - Price	N/A - single transaction
e)	Date of the transaction	22 May 2024
f)	Place of the transaction	AIM

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mine Taylor
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gama Aviation plc
b)	LEI	213800PPPRG2WINUMO24
4	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 of the financial instrument, type of instrument   Identification code	Ordinary shares of a penny each   GB00B3ZP1526
b)	Nature of the transaction	Exercise of options under the Company's share option scheme
c)	Price(s) and volume(s)	Price(s)   Volume(s) 68.8p 78,947
d)	Aggregated information     - Aggregated volume     - Price	N/A - single transaction
e)	Date of the transaction	22 May 2024
f)	Place of the transaction	AIM

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tim Ford
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gama Aviation plc
b)	LEI	213800PPPRG2WINUMO24
4	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 of the financial instrument, type of instrument   Identification code	Ordinary shares of a penny each   GB00B3ZP1526
b)	Nature of the transaction	Exercise of options under the Company's share option scheme
c)	Price(s) and volume(s)	Price(s)   Volume(s) 68.8p 25,000
d)	Aggregated information     - Aggregated volume     - Price	N/A - single transaction
e)	Date of the transaction	22 May 2024
f)	Place of the transaction	AIM

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Smith
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gama Aviation plc
b)	LEI	213800PPPRG2WINUMO24
4	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 of the financial instrument, type of instrument   Identification code	Ordinary shares of a penny each   GB00B3ZP1526
b)	Nature of the transaction	Exercise of options under the Company's share option scheme
c)	Price(s) and volume(s)	Price(s)   Volume(s) 39p 20,000 68.8p 15,000
d)	Aggregated information     - Aggregated volume     - Price	35,000     £18,120
e)	Date of the transaction	22 May 2024
f)	Place of the transaction	AIM

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Duncan Daines
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gama Aviation plc
b)	LEI	213800PPPRG2WINUMO24
4	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 of the financial instrument, type of instrument   Identification code	Ordinary shares of a penny each   GB00B3ZP1526
b)	Nature of the transaction	Exercise of options under the Company's share option scheme
c)	Price(s) and volume(s)	Price(s)   Volume(s) 68.8p 47,500
d)	Aggregated information     - Aggregated volume     - Price	N/A - single transaction
e)	Date of the transaction	22 May 2024
f)	Place of the transaction	AIM

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Julia Mahmood
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gama Aviation plc
b)	LEI	213800PPPRG2WINUMO24
4	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 of the financial instrument, type of instrument   Identification code	Ordinary shares of a penny each   GB00B3ZP1526
b)	Nature of the transaction	Exercise of options under the Company's share option scheme
c)	Price(s) and volume(s)	Price(s)   Volume(s) 39p 5,000 68.8p 7,500
d)	Aggregated information     - Aggregated volume     - Price	12,500     £7,110
e)	Date of the transaction	22 May 2024
f)	Place of the transaction	AIM

 

 

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