TIDMGAMA
RNS Number : 9111C
Gamma Communications PLC
23 June 2021
23 June 2021
Gamma Communications plc
Exercise of Options
The Company confirms that, following the receipt of notices of
exercise of options from employees, ex-employees and Directors, it
has approved the issue of 319,889 Ordinary Shares (the "New
Ordinary Shares").
Following the issue of the New Ordinary Shares, the number of
Ordinary Shares in issue will increase to 96,080,384. For the
purposes of the Financial Conduct Authority's Disclosure and
Transparency Rules ("DTRs"), the issued ordinary share capital of
the Company following this allotment consists of 96,080,384
Ordinary Shares with voting rights attached. There are no Shares
held in treasury. This total voting rights figure may be used by
shareholders as the denominator for the calculations by which they
will determine whether they are required to notify their interests
in, or a change to their interest in, Gamma Communications plc
under the DTRs.
Pursuant to above exercise of options, and in part to pay the
option holders' tax due on the exercise, the following option
holders sold Ordinary Shares on 22 June 2021 at 1975.4309p in the
quantities shown below:
Directors
-- Andrew Taylor (CEO) exercised options over 108,381 Ordinary
shares in the Company for nil consideration and sold 51,208
Ordinary Shares representing 0.05 per cent of the Company's issued
share capital. His aggregate resultant shareholding in the Company
is 57,173 Ordinary shares, representing 0.06 per cent of the issued
share capital of the Company.
-- Andrew Belshaw (CFO) exercised options over 34,504 Ordinary
shares in the Company for nil consideration and sold 64,504
Ordinary Shares representing 0.07 per cent of the Company's issued
share capital. His aggregate resultant shareholding in the Company
is 99,505 Ordinary shares, representing 0.1 per cent of the issued
share capital of the Company.
Other persons discharging management responsibility
-- Andrew Morris exercised options over 29,932 Ordinary Shares
in the Company for nil consideration and sold 29,932 Ordinary
Shares
-- Malcolm Goddard exercised options over 21,351 Ordinary Shares
in the Company for nil consideration and sold 10,087 Ordinary
Shares
-- David Macfarlane exercised options over 30,401 Ordinary
Shares in the Company for nil consideration and sold 14,363
Ordinary Shares
-- Daryl Pile exercised options over 27,637 Ordinary Shares in
the Company for nil consideration and sold 13,057 Ordinary
Shares
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 / Virginia Bull / Sebastian
Lawrence
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 Taylor
--------------------- -----------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status CEO
--------------------- -----------------------------------------------
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 following exercise
transaction of options
--------------------- -----------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------
Nil 108,381 Exercise of options
1975.4309p 51,208 Sale
----------- ----------
--------------------- -----------------------------------------------
d) Aggregated As above
information
- Aggregated
volume
- Price
--------------------- -----------------------------------------------
e) Date of the 22 June 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 Belshaw
--------------------- -----------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status CFO
--------------------- -----------------------------------------------
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 following exercise
transaction of options
--------------------- -----------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------
Nil 34,504 Exercise of options
1975.4309p 64,504 Sale
----------- ----------
--------------------- -----------------------------------------------
d) Aggregated As above
information
- Aggregated
volume
- Price
--------------------- -----------------------------------------------
e) Date of the 22 June 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 Morris
--------------------- -----------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status Chief Strategy & Operating Officer
--------------------- -----------------------------------------------
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 following exercise
transaction of options
--------------------- -----------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------
Nil 29,932 Exercise of options
1975.4309p 29,932 Sale
----------- ----------
--------------------- -----------------------------------------------
d) Aggregated As above
information
- Aggregated
volume
- Price
--------------------- -----------------------------------------------
e) Date of the 22 June 2021
transaction
--------------------- -----------------------------------------------
f) Place of the London Stock Exchange, (XLON)
transaction
--------------------- -----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Malcolm Goddard
--------------------- -----------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status Company Secretary
--------------------- -----------------------------------------------
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 following exercise
transaction of options
--------------------- -----------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------
Nil 21,351 Exercise of options
1975.4309p 10,087 Sale
----------- ----------
--------------------- -----------------------------------------------
d) Aggregated As above
information
- Aggregated
volume
- Price
--------------------- -----------------------------------------------
e) Date of the 22 June 2021
transaction
--------------------- -----------------------------------------------
f) Place of the London Stock Exchange, (XLON)
transaction
--------------------- -----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name David Macfarlane
--------------------- -----------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status Managing Director - Direct
--------------------- -----------------------------------------------
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 following exercise
transaction of options
--------------------- -----------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------
Nil 30,401 Exercise of options
1975.4309p 14,363 Sale
----------- ----------
--------------------- -----------------------------------------------
d) Aggregated As above
information
- Aggregated
volume
- Price
--------------------- -----------------------------------------------
e) Date of the 22 June 2021
transaction
--------------------- -----------------------------------------------
f) Place of the London Stock Exchange, (XLON)
transaction
--------------------- -----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Daryl Pile
--------------------- -----------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status Managing Director - Channel
--------------------- -----------------------------------------------
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 following exercise
transaction of options
--------------------- -----------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------
Nil 27,637 Exercise of options
1975.4309p 13,057 Sale
----------- ----------
--------------------- -----------------------------------------------
d) Aggregated As above
information
- Aggregated
volume
- Price
--------------------- -----------------------------------------------
e) Date of the 22 June 2021
transaction
--------------------- -----------------------------------------------
f) Place of the London Stock Exchange, (XLON)
transaction
--------------------- -----------------------------------------------
, the news service of the London Stock Exchange. RNS is approved by
the Financial Conduct Authority to act as a Primary Information
Provider in the United Kingdom. Terms and conditions relating to
the use and distribution of this information may apply. For further
information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHFJMFTMTITBLB
(END) Dow Jones Newswires
June 23, 2021 12:54 ET (16:54 GMT)
Gamma Communications (LSE:GAMA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Gamma Communications (LSE:GAMA)
Historical Stock Chart
From Apr 2023 to Apr 2024
