Last checked at 22 Oct 2020 17:43
22 October 2020
Gamma Communications plc
Director / PDMR Shareholding
Gamma Communications plc ("Gamma" or the "Company") has been informed that four separate discretionary trusts which are deemed 'persons closely associated' to Andrew Stone, a Non-Executive Director of the Company, pursuant to the Market Abuse Regulation each sold:
10,000 ordinary shares in the Company at 1755.0993p per share on 19 October 2020, and
15,000 ordinary shares in the Company at 1750p per share on 22 October 2020.
Andrew Stone is a trustee of each of these trusts but not a beneficiary.
The notification below, which has been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Gamma Communications plc Andrew Taylor, Chief Executive Officer Andrew Belshaw, Chief Financial Officer Malcolm Goddard, Company Secretary | Tel: +44 (0)333 006 5972 |
Investec Bank plc (NOMAD & Broker) Patrick Robb / Sebastian Lawrence / Virginia Bull
| Tel: +44 (0)20 7597 5970 |
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 | The C F Stone Discretionary Trust 2019 | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | PCA of Andrew Stone | |||||||||
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 | Sale of shares. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information - Aggregated volume - Price |
| |||||||||
e) | Date of the transaction | A 19 October 2020 B 22 October 2020 | |||||||||
f) | Place of the transaction | London Stock Exchange, (XLON) | |||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | The D C Stone Discretionary Trust 2019 | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | PCA of Andrew Stone | |||||||||
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 | Sale of shares | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information - Aggregated volume - Price |
| |||||||||
e) | Date of the transaction | A 19 October 2020 B 22 October 2020 | |||||||||
f) | Place of the transaction | London Stock Exchange, (XLON) | |||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | The H B Stone Discretionary Trust 2019 | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | PCA of Andrew Stone | |||||||||
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 | Sale of shares. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information - Aggregated volume - Price |
| |||||||||
e) | Date of the transaction | A 19 October 2020 B 22 October 2020 | |||||||||
f) | Place of the transaction | London Stock Exchange, (XLON) | |||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | The F H A Stone Discretionary Trust 2019 | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | PCA of Andrew Stone | |||||||||
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 | Sale of shares | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information - Aggregated volume - Price |
| |||||||||
e) | Date of the transaction | A 19 October 2020 B 22 October 2020 | |||||||||
f) | Place of the transaction | London Stock Exchange, (XLON) | |||||||||