Last checked at 25 Sep 2020 17:04
25 September 2020
Gamma Communications plc
("Gamma" or the "Company")
Director/PDMR Shareholding
Exercise of share options
The Company announces exercises of share options over ordinary shares of 0.25 pence each by persons discharging management responsibility and persons closely associated with them. The exercises occurred on 24 September 2020, pursuant to the Gamma Savings Related Share Option 2017 Scheme established on 6 December 2016, and are as follows:
PDMRs |
| No of Options | Exercise price |
|
|
|
|
David Macfarlane |
| 86 | £4.16 |
|
|
|
|
PCA |
|
|
|
Sarah Macfarlane (PCA of David Macfarlane) |
| 86 | £4.16 |
The scheme was offered to all those who were employees on 31 January 2017. It enables the employee to save for three years and then to use the proceeds to exercise share options, such exercise needing to take place within a six-month window.
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 / Virginia Bull / Sebastian Lawrence
|
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 | David Macfarlane | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Managing Director - 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 SAYE 2017 all-employee share scheme | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information - Aggregated volume - Price | As above | |||||||||
e) | Date of the transaction | 24 September 2020 | |||||||||
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 SAYE 2017 all-employee share scheme | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information - Aggregated volume - Price | As above | |||||||||
e) | Date of the transaction | 24 September 2020 | |||||||||
f) | Place of the transaction | Outside a trading venue | |||||||||