Gama Aviation PLC Director/PDMR Shareholding (4923P)

TIDMGMAA

RNS Number : 4923P

Gama Aviation PLC

17 February 2021

17 February 2021

Gama Aviation Plc (AIM: GMAA)

Director/PDMR Transactions

On 17 February 2021, Gama Aviation Plc ("Gama Aviation" or the "Company") was informed that, Daniel Ruback, a director and Chief Financial Officer of the Company, has in order to effect a "Bed and ISA" transaction, sold 25,000 ordinary shares of GBP0.01 each ("Ordinary Shares") at a price of 35.00 pence per Ordinary Share and then repurchased into his Individual Savings Account (ISA), the same number of 25,000 Ordinary Shares at a price of 35.20 pence per Ordinary Share.

Following the completion of these transactions his ultimate beneficial ownership is unchanged and remains at 25,000 Ordinary Shares in total, representing approximately 0.04% of the Company's total voting rights.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the transactions.

 
 1     Details of the person discharging managerial responsibilities/person closely associated 
 a)    Name                                                     Daniel Ruback 
      -------------------------------------------------------  ------------------------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
                                                                Director, a PDMR of the issuer 
  a)    Position/status 
      -------------------------------------------------------  ------------------------------------------------------- 
 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                                                      213800PPPRG2WINUM024 
      -------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary Shares of 1 penny each 
       instrument 
                                                                  ISIN - GB00B3ZP1526 
       Identification code 
      -------------------------------------------------------  ------------------------------------------------------- 
 b)    Nature of the transaction                                On market sale of Ordinary Shares and immediate 
                                                                repurchase by way of Bed and ISA arrangement 
      -------------------------------------------------------  ------------------------------------------------------- 
 c)    Price(s) and volume(s)                                        Price(s)        Volume(s) 
                                                                    Sale: 35.00p       25,000 
                                                                  Purchase: 35.20p     25,000 
                                                                                     ---------- 
      -------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information                                          Price(s)         Volume(s) 
                                                                     Sale: as above       25,000 
                                                                   Purchase: as above      25,000 
                                                                                        ---------- 
      -------------------------------------------------------  ------------------------------------------------------- 
 e)    Date of the transaction                                  17 February 2021 
      -------------------------------------------------------  ------------------------------------------------------- 
 f)    Place of the transaction                                 London Stock Exchange, AIM 
      -------------------------------------------------------  ------------------------------------------------------- 
 

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 (Flight Operations, FBO, CAM software, Flight Planning, CAM & ARC services)

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

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February 17, 2021 12:48 ET (17:48 GMT)