Director/PDMR Shareholding

Released : 03/07/2023 12:11

RNS Number : 7749EGamma Communications PLC03 July 2023

3 July 2023

Gamma Communications plc

(the "Company")

Exercise of Sharesave options

The Company announces that on 3 July 2023 share options were exercised over ordinary shares of 0.25 pence each in the Company to persons discharging managerial responsibility ("PDMR") and persons closely associated ("PCA") pursuant to the Gamma Savings Related Share Option Scheme 2016 (the "Scheme").  The exercise price was 800p.

The Scheme was offered to all those who were UK employees on 31 January 2020. It enables the employee to save for three years, then to use the proceeds to exercise share options, such exercise needing to take place within a six-month window.

PDMRs

Role

Number of options exercised and retained

David Macfarlane

Managing Director - UK Direct

45

PCA

Role

Number of options exercised and retained

Sarah Macfarlane

PCA of David Macfarlane

45

Enquiries:

Gamma Communications plc

Andrew Belshaw, Chief Executive Officer

Bill Castell, Chief Financial Officer

Rachael Matzopoulos, Company Secretary

Tel: +44 (0)333 006 5972

Investec Bank plc (NOMAD & Broker)

Patrick Robb / Virginia Bull

Tel: +44 (0)207 597 5970

Teneo (PR Adviser)

James Macey White / Rebecca Hamer

Tel: +44 (0)207 353 4200



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 - UK Direct

b)

Initial notification /Amendment

Initial notification

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 of the financial instrument, type of instrument

Identification code

Ordinary Shares of 0.25p each in Gamma Communications plc

Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50

b)

Nature of the transaction

Exercise of options over Ordinary Shares of 0.25p each pursuant to theGamma Savings Related Share Option Scheme 2016

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

800p

45

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

3 July 2023

f)

Place of the transaction

Outside a trading venue

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 /Amendment

Initial notification

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 of the financial instrument, type of instrument

Identification code

Ordinary Shares of 0.25p each in Gamma Communications plc

Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50

b)

Nature of the transaction

Exercise of options over Ordinary Shares of 0.25p each pursuant to theGamma Savings Related Share Option Scheme 2016

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

800p

  45

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

3 July 2023

f)

Place of the transaction

Outside a trading venue

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