Gama Aviation PLC Director/PDMR Transactions (1718F)

TIDMGMAA

RNS Number : 1718F

Gama Aviation PLC

16 February 2018

16 February 2018

Gama Aviation Plc (AIM: GMAA)

Director/PDMR Transactions

On 15 February 2018, Neil Medley, an Executive Director of the Company, was issued a total of 25,000 ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") at nil cost, in accordance with the terms of his Service Agreement. The Company will shortly be making an application to the London Stock Exchange for the admission of these shares to trading on AIM.

Gama Aviation has also been notified that on 13 February 2018, Judith Medley, the wife of Neil Medley, purchased a total of 25,000 Ordinary Shares at a price of 255 pence per Ordinary Share.

Following the issue of shares and the share purchase, Neil Medley and persons closely associated with him will be interested in 50,000 Ordinary Shares, representing approximately 0.1% of the issued share capital of the Company.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------ 
 a)   Name                       Mr Neil Medley 
---  -------------------------  --------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------ 
 a)   Position/status            Executive Director 
---  -------------------------  --------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  --------------------------- 
 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             Ordinary shares of 1p each 
       the financial 
       instrument, type 
       of instrument              ISIN - GB00B3ZP1526 
 
       Identification 
       code 
---  -------------------------  --------------------------- 
 b)   Nature of the              Issue of Ordinary Shares 
       transaction 
---  -------------------------  --------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    Nil         25,000 
                                   ----------  ---------- 
---  -------------------------  --------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         25,000 
 
 
       - Price                     Nil 
---  -------------------------  --------------------------- 
 e)   Date of the transaction    15 February 2018 
---  -------------------------  --------------------------- 
 f)   Place of the transaction   London Stock Exchange, AIM 
---  -------------------------  --------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  -------------------------------------------------------- 
 a)    Name                        Mrs Judith Susan Medley 
----  --------------------------  ---------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------- 
 a)    Position/status             Wife of Executive Director 
----  --------------------------  ---------------------------- 
 b)    Initial notification        Initial Notification 
        /Amendment 
----  --------------------------  ---------------------------- 
 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              Ordinary shares of 1p each 
        the financial 
        instrument, type 
        of instrument               ISIN - GB00B3ZP1526 
 
        Identification 
        code 
----  --------------------------  ---------------------------- 
 b)    Nature of the               Purchase of Ordinary Shares 
        transaction 
----  --------------------------  ---------------------------- 
 c)    Price(s) and volume(s)        Price(s)   Volume(s) 
                                     ---------  ---------- 
                                      254.999p   25,000 
                                     ---------  ---------- 
----  --------------------------  ---------------------------- 
       Aggregated information 
 
 
        - Aggregated volume          25,000 
 
 
 d)     - Price                      254.999p 
----  --------------------------  ---------------------------- 
 e)    Date of the transaction     13 February 2018 
----  --------------------------  ---------------------------- 
 f)    Place of the transaction    London Stock Exchange, AIM 
----  --------------------------  ---------------------------- 
 

For more information contact:

Gama Aviation Plc [phone]

Marwan Khalek, Chief Executive Officer

Camarco [phone]

Ginny Pulbrook

Geoffrey Pelham-Lane

Jefferies International [phone]

Simon Hardy

Will Soutar

Gama Aviation - Notes to Editors

Gama Aviation Plc (LSE AIM:GMAA) is a global business aviation services company that specialises in providing support for individuals, corporations and government agencies; allowing them to deliver on the promises they make.

The Company has two divisions: Air and Ground. Air services include: aircraft management, special mission support and charter; with Ground services covering: base & line aircraft maintenance services, aircraft modification design and installation and Fixed Base Operations (FBO).

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

February 16, 2018 09:13 ET (14:13 GMT)