Last checked at 20 Apr 2021 15:00
20 April 2021
Gamma Communications plc
Director / PDMR Shareholding
Gamma Communications plc ("Gamma" or the "Company") has been informed that Andrew Stone, a Non-Executive Director of the Company, sold:
60,715 shares in the Company on 15 April 2021 at an aggregated price of 1796.0436p per share; and
6,285 shares in the Company on 16 April 2021 at a price of 1795p per share.
He has a resultant holding of 150,000 shares, representing 0.2% of the Company's issued share capital.
In addition, six separate trusts which are deemed 'persons closely associated' to Andrew Stone, a Non-Executive Director of the Company, pursuant to the UK Market Abuse Regulation made combined sales as follows:
107,044 ordinary shares in the Company at 1795p per share on 15 April 2021, and
19,956 ordinary shares in the Company at 1795p per share on 16 April 2021.
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 UK 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 | Andrew Stone | ||||||||||||
2 | Reason for the notification | |||||||||||||
a) | Position/status | Non-executive Director | ||||||||||||
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 | 15 April 2021 | ||||||||||||
f) | Place of the transaction | London Stock Exchange, (XLON) | ||||||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Andrew Stone | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Non-executive Director | |||||||||
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 | 16 April 2021
| |||||||||
f) | Place of the transaction | London Stock Exchange, (XLON) | |||||||||
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 15 April 2021 B 16 April 2021 | |||||||||
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 15 April 2021 B 16 April 2021 | |||||||||
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 15 April 2021 B 16 April 2021 | |||||||||
f) | Place of the transaction | London Stock Exchange, (XLON) | |||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | The AJ Stone & Family Charitable Trust | |||||||||
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 15 April 2021 B 16 April 2021 | |||||||||
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 15 April 2021 B 16 April 2021 | |||||||||
f) | Place of the transaction | London Stock Exchange, (XLON) | |||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | The MJC Stone Charitable Trust | |||||||||
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 15 April 2021 B 16 April 2021 | |||||||||
f) | Place of the transaction | London Stock Exchange, (XLON) | |||||||||