Gamma Communications PLC announced the exercise of share options over ordinary shares of 0.25 pence each in the company by a person discharging managerial responsibility (PDMR) on 1 July 2024. The options were exercised pursuant to the Gamma Savings Related Share Option Scheme 2016 at an exercise price of 1411.2p. The Scheme was offered to all UK employees on 1 February 2021, allowing them to save for three years and then use the proceeds to exercise share options within a six-month window.
Chris Wade, the Chief Marketing and Product Officer, exercised and retained 191 share options. The company provided contact information for inquiries related to the announcement. The notification and public disclosure of the transaction by the PDMR, Chris Wade, was also included in the announcement, detailing the nature of the transaction, the financial instrument, and the date of the transaction.
The announcement did not include aggregated information on the transaction, and it specified that the place of the transaction was on 1 July 2024. The company also provided details of the issuer and the financial instrument, including the identification code and nature of the transaction.