Gamma Communications PLC Exercise of Options (5508G)

TIDMGAMA

RNS Number : 5508G

Gamma Communications PLC

06 November 2018

6 November 2018

Gamma Communications plc

Exercise of Options

The Company confirms that, following the receipt of a notice of exercise of options under the Company's 'CSOP' scheme from Daryl Pile (Managing Director - Channel), who is a 'person discharging management responsibility', it has approved the issue of 11,111 Ordinary Shares (the "New Ordinary Shares").

Pursuant to the above exercise of options, and in part to pay the exercise price, the option holder sold 11,111 Ordinary Shares on 5 November 2018 at 830p.

 
 Gamma Communications plc                         Tel: [phone] 
  Andrew Taylor, Chief Executive Officer 
  Andrew Belshaw, Chief Financial Officer 
  Malcolm Goddard, Company Secretary 
  Investec Bank plc (NOMAD & Broker)              Tel: [phone] 
   Patrick Robb / Andrew Pinder / Sebastian 
   Lawrence 
 

Appendix

 
 1.   Details of PDMR / person closely associated with them 
       ('PCA') 
===  ======================================================================= 
 a)   Name                   Daryl Pile 
===  =====================  ================================================ 
 b)   Position / status       Managing Director - Channel 
===  =====================  ================================================ 
 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 of         Gamma Communications plc Ordinary Shares 
       the financial          of 0.25p each 
       instrument 
===  =====================  ================================================ 
 b)   Nature of the          Sale Of Ordinary Shares of 0.25p each following 
       transaction            an exercise of options 
===  =====================  ================================================ 
 
 
 c)   Price(s) and 
       volume(s) 
 
                                   Price(s)   Volume(s) 
                                  =========  ========== 
                                    830p       11,111 
                                  =========  ========== 
     ========================  =============================== 
 d)   Aggregated information 
       Aggregated volume 
       Price 
===  ========================  =============================== 
 e)   Date of the transaction   5-11-2018 
===  ========================  =============================== 
 f)   Place of the              London Stock Exchange - (XLON) 
       transaction 
     ========================  =============================== 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHBFBPTMBBMBLP

(END) Dow Jones Newswires

November 06, 2018 13:21 ET (18:21 GMT)