GAMA Gamma Communications Plc

TIDMGAMA

RNS Number : 0497V

Gamma Communications PLC

09 April 2021

9 April 2021

Gamma Communications plc

Director / PDMR Shareholding

Gamma Communications plc ("Gamma" or the "Company") has been informed that Andrew Stone, a Non-Executive Director of the Company, sold:

75,000 shares in the Company on 7 April 2021 at an aggregate price of 1759.808p per share;

50,000 shares in the Company on 8 April 2021 at a price of 1770p per share; and

73,000 shares in the Company on 9 April 2021 at a price of 1780.41p per share.

He has a resultant holding of 217,000 shares, representing 0.2% of the Company's issued share capital.

In addition Henrietta Marsh, a Non-Executive Director of the Company, bought 1,015 shares in the Company on 7 April 2021 at 1768p per share.

She has a resultant holding of 2,015 shares, representing less than 0.1% of the Company's issued share capital.

The notification below, which has been made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

 
 Gamma Communications plc                       Tel: +44 ( 0)333 006 5972 
  Andrew Taylor, Chief Executive Officer 
  Andrew Belshaw, Chief Financial Officer 
  Malcolm Goddard, Company Secretary 
  Investec Bank plc (NOMAD & Broker)            Tel: +44 (0)20 7597 5970 
   Patrick Robb / Sebastian Lawrence 
   / Virginia Bull 
 

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     Initial notification 
       /Amendment 
     -----------------------  --------------------------------------- 
 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              Ordinary Shares of 0.25p each in 
       of the financial         Gamma Communications plc 
       instrument,              Identification code (ISIN) for Gamma 
       type of instrument       Communications plc ordinary shares: 
       Identification           GB00BQS10J50 
       code 
     -----------------------  --------------------------------------- 
 b)   Nature of the            Sale of shares 
       transaction 
     -----------------------  --------------------------------------- 
 c)   Price(s) and                   Price(s)    Volume(s) 
       volume(s)                 A    1759.01p    25,000 
                                 B    1760.207p   50,000 
     -----------------------  --------------------------------------- 
 d)   Aggregated                 Price(s)    Volume(s) 
       information                1759.808p   75,000 
       - Aggregated                          ---------- 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the                  7 April 2021 
       transaction 
     -----------------------  --------------------------------------- 
 f)   Place of the             London Stock Exchange, (XLON) 
       transaction 
     -----------------------  --------------------------------------- 
 
 
 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     Initial notification 
       /Amendment 
     -----------------------  --------------------------------------- 
 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              Ordinary Shares of 0.25p each in 
       of the financial         Gamma Communications plc 
       instrument,              Identification code (ISIN) for Gamma 
       type of instrument       Communications plc ordinary shares: 
       Identification           GB00BQS10J50 
       code 
     -----------------------  --------------------------------------- 
 b)   Nature of the            Sale of shares 
       transaction 
     -----------------------  --------------------------------------- 
 c)   Price(s) and                   Price(s)   Volume(s) 
       volume(s)                 A    1770p      50,000 
                                 B    1780.41p   73,000 
                                     ---------  ---------- 
     -----------------------  --------------------------------------- 
 d)   Aggregated                 Price(s)   Volume(s) 
       information                n/a        n/a 
       - Aggregated                         ---------- 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the              A 8 April 2021 
       transaction              B 9 April 2021 
     -----------------------  --------------------------------------- 
 f)   Place of the             London Stock Exchange, (XLON) 
       transaction 
     -----------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                     Henrietta Marsh 
     -----------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status          Non-executive Director 
     -----------------------  --------------------------------------- 
 b)   Initial notification     Initial notification 
       /Amendment 
     -----------------------  --------------------------------------- 
 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              Ordinary Shares of 0.25p each in 
       of the financial         Gamma Communications plc 
       instrument,              Identification code (ISIN) for Gamma 
       type of instrument       Communications plc ordinary shares: 
       Identification           GB00BQS10J50 
       code 
     -----------------------  --------------------------------------- 
 b)   Nature of the            Purchase of shares 
       transaction 
     -----------------------  --------------------------------------- 
 c)   Price(s) and               Price(s)   Volume(s) 
       volume(s)                  1768p      1,015 
     -----------------------  --------------------------------------- 
 d)   Aggregated                 Price(s)   Volume(s) 
       information                n/a        n/a 
       - Aggregated                         ---------- 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the              7 April 2021 
       transaction 
     -----------------------  --------------------------------------- 
 f)   Place of the             London Stock Exchange, (XLON) 
       transaction 
     -----------------------  --------------------------------------- 
 

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(END) Dow Jones Newswires

April 09, 2021 12:47 ET (16:47 GMT)