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Director/PDMR Shareholding

30 May 2017 15:34

RNS Number : 6019G
Gama Aviation PLC
30 May 2017
 

30 May 2017

Gama Aviation Plc (AIM: GMAA)

Director/ PDMR Shareholdings

Gama Aviation was notified that on 30 May 2017, Jennifer Brown, the wife of Peter Brown, a Non-Executive Director of the Company, purchased a total of 10,000 ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") at a price of 218 pence per Ordinary Share.

On the same day, Peter Brown transferred 10,000 Ordinary shares to his wife, Jennifer Brown. Following the purchase and the share transfer from Peter Brown, Jennifer Brown is beneficially interested in 20,000 Ordinary Shares, representing approximately 0.05 per cent of the Company's issued share capital. Following the transfer of the shares, Peter Brown no longer has any beneficial interest in the Company's issued share capital.

 

 

Details of the person discharging managerial responsibilities / person closely associated 

 

a) 

 

Name 

 

 

Jennifer Brown

 

 

Reason for the notification 

 

a) 

 

Position/status 

 

 

Wife of Non-Executive Director

 

b) 

 

Initial notification /Amendment 

 

 

Initial notification

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

 

a) 

 

Name 

 

 

Gama Aviation Plc

b) 

 

LEI 

 

 

 

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 1p each

 

 

ISIN - GB00B3ZP1526

 

b) 

 

Nature of the transaction 

 

 

Purchase of Ordinary Shares and transfer of Ordinary Shares from her husband, Peter Brown, for nil consideration

c) 

 

Price(s) and volume(s) 

 

 

 

Price(s)

 

Volume(s)

218p

 

10,000

 

Nil

10,000

 

 

d) 

 

Aggregated information 

 

 

- Aggregated volume 

 

 

- Price 

 

 

 

 

 

20,000

 

 

109p

 

 

e) 

 

Date of the transaction 

 

 

30 May 2017

f) 

 

Place of the transaction 

 

 

London Stock Exchange, AIM

 

 

 

Details of the person discharging managerial responsibilities / person closely associated 

 

a) 

 

Name 

 

 

Peter Brown

 

 

Reason for the notification 

 

a) 

 

Position/status 

 

 

Non-Executive Director

 

b) 

 

Initial notification /Amendment 

 

 

Initial notification

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

 

a) 

 

Name 

 

 

Gama Aviation Plc

b) 

 

LEI 

 

 

 

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 1p each

 

 

ISIN - GB00B3ZP1526

 

b) 

 

Nature of the transaction 

 

 

Transfer of Ordinary Shares to his wife, Jennifer Brown, for nil consideration

c) 

 

Price(s) and volume(s) 

 

 

 

Price(s)

 

Volume(s)

Nil

 

10,000

 

 

 

d) 

 

Aggregated information 

 

 

- Aggregated volume 

 

 

- Price 

 

 

 

 

 

10,000

 

 

Nil

 

 

e) 

 

Date of the transaction 

 

 

30 May 2017

f) 

 

Place of the transaction 

 

 

London Stock Exchange, AIM

 

For further information please visit www.gamaaviation.com or contact:

Gama Aviation Plc +44 (0) 1252 553000

Marwan Khalek, Chief Executive Officer

Kevin Godley, Chief Financial Officer

Camarco +44 (0) 20 3757 4992

Ginny Pulbrook

Geoffrey Pelham-Lane

Jefferies International +44 (0) 207 029 8000

Simon Hardy

Harry Nicholas

 

Gama Aviation - Notes to Editors

Gama Aviation (GMAA) is a global business aviation services company that specialises in providing support for individuals, corporations and government agencies. Gama Aviation is now one of the top three global players in a highly fragmented market, with a fleet of over 250 aircraft. Gama operates across Europe, the US, the Middle East, Asia and Africa.

Gama's services can be split into two broad areas: Air and Ground. The Air Operations include aircraft management, special mission and charters, with Ground Services covering aircraft maintenance services, aircraft modification design and installation and Fixed Base operations.

http://www.gamaaviation.com/

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