TIDMGAMA

RNS Number : 4653G

Gamma Communications PLC

29 March 2022

29 March 2022

Gamma Communications plc

Grant of options

Gamma Communications plc ("the Company") announces that on 29 March 2022 it granted the following nil cost share options over ordinary shares of 0.25 pence each in the Company pursuant to the Gamma Long-Term Incentive Plan established on 2 September 2014:

 
Executive Director             No of Options  Exercise price 
 
 Andrew Belshaw                 6,617         nil

The above options are subject to certain performance conditions having been met during the three year period up until April 2025 and are subject to a further two year holding period post vesting before they may be exercised.

Enquiries:

 
 
 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)207 597 5970 
  Patrick Robb / Virginia Bull / Sebastian 
  Lawrence 
 Tulchan Communications LLP (PR Adviser)            Tel: +44 (0)207 353 4200 
  James Macey White / Matt Low

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 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          Award of options over Ordinary Shares 
       transaction            of 0.25p each under the schemes shown 
                              below 
     ---------------------  --------------------------------------------------- 
 c)   Price(s) and             Price(s)   Volume(s) 
       volume(s)                          ---------- 
                                nil        6,617      Gamma Long-Term Incentive 
                                                       Plan 
                               ---------  ---------- 
     ---------------------  --------------------------------------------------- 
 d)   Aggregated             As above 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  --------------------------------------------------- 
 e)   Date of the            29 March 2022 
       transaction 
     ---------------------  --------------------------------------------------- 
 f)   Place of the           Outside a trading venue 
       transaction 
     ---------------------  ---------------------------------------------------

This information is provided by RNS, 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

DSHBRGDXBDDDGDC

(END) Dow Jones Newswires

March 29, 2022 13:23 ET (17:23 GMT)

Gamma Communications (LSE:GAMA)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Gamma Communications Charts.
Gamma Communications (LSE:GAMA)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Gamma Communications Charts.