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Director/PDMR Shareholding

20 Apr 2015 14:46

RNS Number : 7345K
Gamma Communications PLC
20 April 2015
 

20 April 2015

Gamma Communications plc

Director Shareholding

 

Gamma Communications plc ("Gamma") was today informed that on 17 April 2015, Yorkshire Building Society, as trustee of the Company's HM Revenue & Customs approved Gamma Share Incentive Plan (the "GSIP"), acquired ordinary shares of 0.25 pence each in the Company ("Partnership Shares") on behalf of the following Directors.

 

Additionally, in accordance with the terms of the GSIP, the following Directors were duly awarded one Matching Share for each Partnership Share purchased.

 

Director

No. of Partnership Shares purchased

Purchase price of each Partnership Share

Resultant total shareholding

Resultant total shareholding (%)

No. of Matching Shares awarded

 

 

 

Bob Falconer

665

270.4p

4,567,193

5.1%

665

 

 

 

Andrew Belshaw

665

270.4p

277,002

0.3%

665

 

 

 

 

 

The Matching Shares will vest on the third anniversary of the date of the award subject to continued employment for those three years and the Partnership Shares being held throughout the same period.

 

The GSIP is run independently by Yorkshire Building Society who have purchased the Partnership Shares and Matching Shares in the open market on behalf of employees participating in the GSIP. As potential beneficiaries, the above Directors are deemed to have a potential beneficial interest in the trust's shares.

 

Enquiries:

 

Gamma Communications +44 (0) 333 006 5972

Bob Falconer, Chief Executive Officer

Andrew Belshaw, Finance Director

 

Investec Bank PLC +44 (0) 207 597 5970

NOMAD & Broker

Andrew Pinder, Dominic Emery, Patrick Robb

 

Tulchan Communications +44 (0) 207 353 4200

James Macey White

Matt Low

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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