Gamma Communications PLC Director/PDMR Shareholding (2025A)

TIDMGAMA

RNS Number : 2025A

Gamma Communications PLC

25 September 2020

25 September 2020

Gamma Communications plc

("Gamma" or the "Company")

Director/PDMR Shareholding

Exercise of share options

The Company announces exercises of share options over ordinary shares of 0.25 pence each by persons discharging management responsibility and persons closely associated with them. The exercises occurred on 24 September 2020, pursuant to the Gamma Savings Related Share Option 2017 Scheme established on 6 December 2016, and are as follows:

 
     PDMRs                                             No of Options      Exercise price 
 
     David Macfarlane                                             86             GBP4.16 
 
    PCA 
     Sarah Macfarlane (PCA of David Macfarlane)                   86             GBP4.16 
 

The scheme was offered to all those who were employees on 31 January 2017. It enables the employee to save for three years and then to use the proceeds to exercise share options, such exercise needing to take place within a six-month window.

 
 Gamma Communications plc                         Tel: +44 ( 0)333 006 5972 
  Andrew Taylor, Chief Executive Officer 
  Andrew Belshaw, Chief Financial Officer 
  Malcolm Goddard, Company Secretary 
  Investec Bank plc (NOMAD & Broker) 
   Patrick Robb / Virginia Bull / Sebastian         Tel: [phone] 
   Lawrence 
 

Appendix

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   David Macfarlane 
     ---------------------  --------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status        Managing Director - Direct 
     ---------------------  --------------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
     ---------------------  --------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------- 
 a)   Name                   Gamma Communications plc 
     ---------------------  --------------------------------------------- 
 b)   LEI                    213800LAQZXPRIZUEH50 
     ---------------------  --------------------------------------------- 
 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            Ordinary Shares of 0.25p each in 
       of the financial       Gamma Communications plc 
       instrument,            Identification code (ISIN) for Gamma 
       type of instrument     Communications plc ordinary shares: 
       Identification         GB00BQS10J50 
       code 
     ---------------------  --------------------------------------------- 
 b)   Nature of the          Exercise of options over Ordinary 
       transaction            Shares of 0.25p each pursuant to 
                              SAYE 2017 all-employee share scheme 
     ---------------------  --------------------------------------------- 
 c)   Price(s) and             Price(s)   Volume(s) 
       volume(s)                          ---------- 
                                416p       86         Exercise of options 
     ---------------------  --------------------------------------------- 
 d)   Aggregated             As above 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  --------------------------------------------- 
 e)   Date of the            24 September 2020 
       transaction 
     ---------------------  --------------------------------------------- 
 f)   Place of the           Outside a trading venue 
       transaction 
     ---------------------  --------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   Sarah Macfarlane 
     ---------------------  --------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status        PCA of David Macfarlane 
     ---------------------  --------------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
     ---------------------  --------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------- 
 a)   Name                   Gamma Communications plc 
     ---------------------  --------------------------------------------- 
 b)   LEI                    213800LAQZXPRIZUEH50 
     ---------------------  --------------------------------------------- 
 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            Ordinary Shares of 0.25p each in 
       of the financial       Gamma Communications plc 
       instrument,            Identification code (ISIN) for Gamma 
       type of instrument     Communications plc ordinary shares: 
       Identification         GB00BQS10J50 
       code 
     ---------------------  --------------------------------------------- 
 b)   Nature of the          Exercise of options over Ordinary 
       transaction            Shares of 0.25p each pursuant to 
                              SAYE 2017 all-employee share scheme 
     ---------------------  --------------------------------------------- 
 c)   Price(s) and             Price(s)   Volume(s) 
       volume(s)                          ---------- 
                                416p       86         Exercise of options 
     ---------------------  --------------------------------------------- 
 d)   Aggregated             As above 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  --------------------------------------------- 
 e)   Date of the            24 September 2020 
       transaction 
     ---------------------  --------------------------------------------- 
 f)   Place of the           Outside a trading venue 
       transaction 
     ---------------------  --------------------------------------------- 
 

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September 25, 2020 12:04 ET (16:04 GMT)