Last checked at 20 May 2016 17:30
20 May 2016
Gamma Communications plc
Grant of options
Gamma Communications plc ("the Company") announces the following grant of nil cost share options over ordinary shares of 0.25 pence each in the Company to the following Executive Directors of the Company pursuant to the Gamma Long-Term Incentive Plan established on 2 September 2014:
Director | No of Options | Exercise price |
|
|
|
Robert Falconer | 71,870 | nil |
Andrew Belshaw | 44,002 | nil |
Richard Bligh | 47,932 | nil |
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|
|
The above options were granted on 17 May 2016 and the exercise of the above options is subject to certain performance conditions having been met during the three year period up until 31 March 2019.
The Company also announces the following grant of share options over ordinary shares of 0.25 pence each in the Company to the following Executive Director of the Company pursuant to the Gamma Savings Related Share Option Scheme 2016 established on 4 February 2016.
Director | No of Options | Exercise price |
|
|
|
Richard Bligh | 3,135 | £3.444 |
The above options were granted on 19 May 2016 and the scheme was offered to all those who were employees on 1 February 2016. 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.
Enquiries:
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Gamma Communications plc Bob Falconer, Chief Executive Officer Andrew Belshaw, Chief Financial Officer Malcolm Goddard, Company Secretary
| Tel: +44 (0)333 006 5972 |
Investec Bank plc (NOMAD & Broker) Dominic Emery / Sebastian Lawrence Patrick Robb / Matt Lewis
| Tel: +44 (0)207 597 5970 |
Tulchan Communications LLP (PR Adviser) James Macey White / Matt Low | Tel: +44 (0)207 353 4200 |