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Director/PDMR Transactions

16 Feb 2018 14:12

RNS Number : 1718F
Gama Aviation PLC
16 February 2018
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16 February 2018

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Gama Aviation Plc (AIM: GMAA)

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Director/PDMR Transactions

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On 15 February 2018, Neil Medley, an Executive Director of the Company, was issued a total of 25,000 ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") at nil cost, in accordance with the terms of his Service Agreement. The Company will shortly be making an application to the London Stock Exchange for the admission of these shares to trading on AIM.

Gama Aviation has also been notified that on 13 February 2018, Judith Medley, the wife of Neil Medley, purchased a total of 25,000 Ordinary Shares at a price of 255 pence per Ordinary Share.

Following the issue of shares and the share purchase, Neil Medley and persons closely associated with him will be interested in 50,000 Ordinary Shares, representing approximately 0.1% of the issued share capital of the Company.

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Details of the person discharging managerial responsibilities / person closely associated

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a)

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Name

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Mr Neil Medley

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Reason for the notification

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a)

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Position/status

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Executive Director

b)

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Initial notification /Amendment

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Initial Notification

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

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a)

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Name

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Gama Aviation Plc

b)

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LEI

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213800PPPRG2WINUMO24

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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

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a)

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Description of the financial instrument, type of instrument

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Identification code

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Ordinary shares of 1p each

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ISIN - GB00B3ZP1526

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b)

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Nature of the transaction

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Issue of Ordinary Shares

c)

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Price(s) and volume(s)

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Price(s)

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Volume(s)

Nil

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25,000

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d)

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Aggregated information

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- Aggregated volume

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- Price

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25,000

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Nil

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e)

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Date of the transaction

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15 February 2018

f)

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Place of the transaction

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London Stock Exchange, AIM

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Details of the person discharging managerial responsibilities / person closely associated

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a)

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Name

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Mrs Judith Susan Medley

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Reason for the notification

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a)

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Position/status

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Wife of Executive Director

b)

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Initial notification /Amendment

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Initial Notification

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

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a)

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Name

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Gama Aviation Plc

b)

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LEI

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213800PPPRG2WINUMO24

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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

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a)

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Description of the financial instrument, type of instrument

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Identification code

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Ordinary shares of 1p each

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ISIN - GB00B3ZP1526

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b)

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Nature of the transaction

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Purchase of Ordinary Shares

c)

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Price(s) and volume(s)

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Price(s)

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Volume(s)

254.999p

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25,000

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d)

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Aggregated information

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- Aggregated volume

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- Price

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25,000

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254.999p

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e)

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Date of the transaction

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13 February 2018

f)

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Place of the transaction

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London Stock Exchange, AIM

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For more information contact:

Gama Aviation Plc +44 (0) 1252 553000

Marwan Khalek, Chief Executive Officer

Camarco +44 (0) 20 3757 4992

Ginny Pulbrook

Geoffrey Pelham-Lane

Jefferies InternationalĀ  +44 (0) 207 029 8000

Simon Hardy

Will Soutar

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