21 Aug 2020 14:52
21 August 2020
Gamma Communications plc
Director / PDMR Shareholding
Gamma Communications plc ("Gamma" or the "Company") has been informed of the following transactions:
Andrew Stone, a Non-Executive Director of the Company, gained beneficial ownership of 700,601 ordinary shares in the Company at 1725p per share on 17 August 2020 from a deceased's estate subsequent to the grant of probate.
In addition, four separate discretionary trusts each gained beneficial ownership of 60,000 ordinary shares in the Company at 1725p per share on 17 August 2020 from a deceased's estate subsequent to the grant of probate. Andrew Stone is a trustee of each of these trusts but not a beneficiary. The trusts are deemed 'persons closely associated' to Andrew pursuant to the Market Abuse Regulation.
Andrew has a resultant beneficial interest in 700,601 ordinary shares, representing 0.7% of the Company's issued share capital.
Gamma Communications plc Andrew Taylor, Chief Executive Officer Andrew Belshaw, Chief Financial Officer Malcolm Goddard, Company Secretary | Tel: +44 (0)333 006 5972 |
Investec Bank plc (NOMAD & Broker) Patrick Robb / Sebastian Lawrence / Virginia Bull | Tel: +44 (0)20 7597 5970 |
Appendix
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Andrew Stone | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Non-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 | Gamma Communications plc | ||||||
b) | LEI | 213800LAQZXPRIZUEH50 | ||||||
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 0.25p each in Gamma Communications plc
Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50 | ||||||
b) | Nature of the transaction | Transfer in from deceased's estate following probate. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
| ||||||
e) | Date of the transaction | 17 August 2020 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | The C F Stone Discretionary Trust 2019 | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | PCA of Andrew Stone | ||||||
b)
| Initial notification /Amendment | Initial notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Gamma Communications plc | ||||||
b) | LEI | 213800LAQZXPRIZUEH50 | ||||||
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 0.25p each in Gamma Communications plc
Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50 | ||||||
b) | Nature of the transaction | Transfer in from deceased's estate following probate. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
| ||||||
e) | Date of the transaction | 17 August 2020 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | The D C Stone Discretionary Trust 2019 | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | PCA of Andrew Stone | ||||||
b)
| Initial notification /Amendment | Initial notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Gamma Communications plc | ||||||
b) | LEI | 213800LAQZXPRIZUEH50 | ||||||
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 0.25p each in Gamma Communications plc
Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50 | ||||||
b) | Nature of the transaction | Transfer in from deceased's estate following probate. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
| ||||||
e) | Date of the transaction | 17 August 2020 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | The H B Stone Discretionary Trust 2019 | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | PCA of Andrew Stone | ||||||
b)
| Initial notification /Amendment | Initial notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Gamma Communications plc | ||||||
b) | LEI | 213800LAQZXPRIZUEH50 | ||||||
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 0.25p each in Gamma Communications plc
Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50 | ||||||
b) | Nature of the transaction | Transfer in from deceased's estate following probate. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
| ||||||
e) | Date of the transaction | 17 August 2020 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | The F H A Stone Discretionary Trust 2019 | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | PCA of Andrew Stone | ||||||
b)
| Initial notification /Amendment | Initial notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Gamma Communications plc | ||||||
b) | LEI | 213800LAQZXPRIZUEH50 | ||||||
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 0.25p each in Gamma Communications plc
Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50 | ||||||
b) | Nature of the transaction | Transfer in from deceased's estate following probate. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
| ||||||
e) | Date of the transaction | 17 August 2020 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
Gamma Communications (GAMA)