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Director/PDMR Transactions

16 Feb 2018 14:12

RNS Number : 1718F
Gama Aviation PLC
16 February 2018
 

16 February 2018

 

Gama Aviation Plc (AIM: GMAA)

 

Director/PDMR Transactions

 

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.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Mr Neil Medley

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Executive Director

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

 

 

213800PPPRG2WINUMO24

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 1p each

 

 

ISIN - GB00B3ZP1526

 

b)

 

Nature of the transaction

 

 

Issue of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

Nil

 

25,000

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

25,000

 

 

Nil

 

e)

 

Date of the transaction

 

 

15 February 2018

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Mrs Judith Susan Medley

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Wife of Executive Director

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

 

 

213800PPPRG2WINUMO24

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 1p each

 

 

ISIN - GB00B3ZP1526

 

b)

 

Nature of the transaction

 

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

254.999p

 

25,000

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

25,000

 

 

254.999p

 

e)

 

Date of the transaction

 

 

13 February 2018

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM

 

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 International  +44 (0) 207 029 8000

Simon Hardy

Will Soutar

 

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/

 

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