Gamma Communications PLC announced that Chris Bradford, the Chief People Officer, has purchased 10 ordinary shares of 0.25 pence each on 13 May 2024. The purchase was made under the Gamma Communications PLC Share Incentive Plan, which was established on 6 October 2014. The scheme is available to all permanent employees with at least one month's service and allows them to purchase shares on a monthly basis, which are held in a trust. Subsequent sales of these shares receive favorable tax treatment if held in the trust for five years.
The purchase price for the shares was 1426 pence. The company's CEO, Andrew Belshaw, and CFO, Bill Castell, can be contacted for further information. Investec Bank plc and Teneo are the company's NOMAD & Broker and PR Adviser, respectively.
The notification and public disclosure of the transaction by a person discharging managerial responsibilities and persons closely associated with them were also provided in the announcement. Chris Bradford's position as Chief People Officer and the details of the transaction, including the nature, price, volume, and date, were disclosed in the notification.
This announcement provides insight into the company's Share Incentive Plan and the recent share purchase by a director, offering transparency and information for investors and stakeholders.