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2 May 2019 07:05
2 May 2019
Gama Aviation Plc (AIM: GMAA)
Director/PDMR Transactions
On 1 May 2019, Gama Aviation Plc ("Gama Aviation" or the "Company") was informed that Hutchison Capital Holdings Limited ("Hutchison"), a substantial shareholder in the Company and whose nominee director is the Company's Chairman Simon To, had bought 1,162,759 ordinary shares of 1 penny each in the capital of the Company at 95p on 1 May 2019.
Following the acquisition, Hutchison has increased its shareholding in the Company from 27.96% to 29.79%.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name
| Hutchison Capital Holdings Limited | ||||||
2 | Reason for the notification | |||||||
a) | Position/status
| Hutchison Capital Holdings Limited is a person closely associated with Mr. Simon To, a PDMR of the issuer | ||||||
b) | Initial notification/Amendment
| Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Gama Aviation Plc | ||||||
b) | LEI | 213800PPPRG2WINUM024 | ||||||
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 1 pence each
ISIN - GB00B3ZP1526 | ||||||
b) | Nature of the transaction
| Acquisition | ||||||
c) | Price(s) and volume(s)
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d) | Aggregated information
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e) | Date of the transaction
| 1 May 2019 | ||||||
f) | Place of the transaction
| London Stock Exchange, AIM | ||||||
For more information contact:
Gama Aviation Plc +44 (0) 1252 553029
Mine Taylor, Company Secretary
Gama Aviation - Notes to Editors
Gama Aviation Plc (LSE AIM:GMAA) is a global business aviation services company that specialises in providing support for individuals, corporations and government agencies; allowing them to deliver on the promises they make.
The Company has two divisions: Air and Ground. Air services include: aircraft management, special mission support and charter; with Ground services covering: base & line aircraft maintenance services, aircraft modification design and installation and Fixed Base Operations (FBO).
More details can be found at: http://www.gamaaviation.com/
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