TIDMGAMA

RNS Number : 8539K

Gamma Communications PLC

09 May 2022

9 May 2022

Gamma Communications plc

Director/PDMR Shareholding

Grants of share options

The Company announces the following grant of share options over ordinary shares of 0.25 pence each in the Company to the following persons discharging management responsibility and persons closely associated pursuant to the Gamma Savings Related Share Option 2022 Scheme established on 3 Dec 2021.

 
     PDMRs                             No of Options      Exercise price 
 
     Andrew Belshaw                    1,730              1040p 
     David Macfarlane                  1,696              1040p 
     Malcolm Goddard                   1,730              1040p 
 
 
    PCA 
     Sarah Macfarlane 
      (PCA of David Macfarlane)        1,696              1040p 
 

The above options were granted on 6 May 2022 and the scheme was offered to all those who were employees on 31 January 2022. It enables the employee to save for three years and then to use the proceeds to exercise share options, such exercise needing to take place within a six-month window.

In addition the Company announces that on 6 May 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:

 
 PDMR                        No of Options  Exercise price 
 
 Bill Castell                 42,763        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.

   Gamma Communications plc                                         Tel: +44 (0) 333 006 5972 

Andrew Taylor, CEO

Andrew Belshaw, Deputy CEO

Bill Castell, Chief Financial Officer

Malcolm Goddard, Company Secretary

   Investec Bank plc (NOMAD & Broker)                           Tel: +44 (0) 207 597 5970 

Patrick Robb / Sebastian Lawrence / Virginia Bull

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           Deputy Chief Executive 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, 
       type of instrument. 
       Identification            Identification code (ISIN) for Gamma 
       code                      Communications plc ordinary shares: 
                                 GB00BQS10J50 
     ------------------------  ----------------------------------------- 
 b)   Nature of the             Award of options over Ordinary Shares 
       transaction               of 0.25p each pursuant to SAYE 2022 
                                 all-employee share scheme 
     ------------------------  ----------------------------------------- 
 c)   Price(s) and                Price(s)   Volume(s) 
       volume(s)                   1040p      1,730 
     ------------------------  ----------------------------------------- 
 d)   Aggregated                  Price(s)   Volume(s) 
       information                 n/a        n/a 
       - Aggregated                          ---------- 
       volume 
       - Price 
     ------------------------  ----------------------------------------- 
 e)   Date of the               6 May 2022 
       transaction 
     ------------------------  ----------------------------------------- 
 f)   Place of the              Outside a Trading Venue 
       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 Business 
     ------------------------  ----------------------------------------- 
 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, 
       type of instrument. 
       Identification            Identification code (ISIN) for Gamma 
       code                      Communications plc ordinary shares: 
                                 GB00BQS10J50 
     ------------------------  ----------------------------------------- 
 b)   Nature of the             Award of options over Ordinary Shares 
       transaction               of 0.25p each pursuant to SAYE 2022 
                                 all-employee share scheme 
     ------------------------  ----------------------------------------- 
 c)   Price(s) and                Price(s)   Volume(s) 
       volume(s)                   1040p      1,696 
     ------------------------  ----------------------------------------- 
 d)   Aggregated                  Price(s)   Volume(s) 
       information                 n/a        n/a 
       - Aggregated                          ---------- 
       volume 
       - Price 
     ------------------------  ----------------------------------------- 
 e)   Date of the               6 May 2022 
       transaction 
     ------------------------  ----------------------------------------- 
 f)   Place of the              Outside a Trading Venue 
       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, 
       type of instrument. 
       Identification            Identification code (ISIN) for Gamma 
       code                      Communications plc ordinary shares: 
                                 GB00BQS10J50 
     ------------------------  ----------------------------------------- 
 b)   Nature of the             Award of options over Ordinary Shares 
       transaction               of 0.25p each pursuant to SAYE 2022 
                                 all-employee share scheme 
     ------------------------  ----------------------------------------- 
 c)   Price(s) and                Price(s)   Volume(s) 
       volume(s)                   1040p      1,730 
     ------------------------  ----------------------------------------- 
 d)   Aggregated                  Price(s)   Volume(s) 
       information                 n/a        n/a 
       - Aggregated                          ---------- 
       volume 
       - Price 
     ------------------------  ----------------------------------------- 
 e)   Date of the               6 May 2022 
       transaction 
     ------------------------  ----------------------------------------- 
 f)   Place of the              Outside a Trading Venue 
       transaction 
     ------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   Sarah Macfarlane 
     ---------------------  ------------------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position/status        PCA of David Macfarlane 
     ---------------------  ------------------------------------------------------ 
 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 Gamma Communications 
       of the financial       plc 
       instrument, 
       type of instrument. 
       Identification         Identification code (ISIN) for Gamma Communications 
       code                   plc ordinary shares: GB00BQS10J50 
     ---------------------  ------------------------------------------------------ 
 b)   Nature of the          Award of options over Ordinary Shares of 0.25p 
       transaction            each pursuant to SAYE 2022 all-employee share 
                              scheme 
     ---------------------  ------------------------------------------------------ 
 c)   Price(s) and             Price(s)   Volume(s) 
       volume(s)                1040p      1,696 
     ---------------------  ------------------------------------------------------ 
 d)   Aggregated               Price(s)   Volume(s) 
       information              n/a        n/a 
       - Aggregated                       ---------- 
       volume 
       - Price 
     ---------------------  ------------------------------------------------------ 
 e)   Date of the            6 May 2022 
       transaction 
     ---------------------  ------------------------------------------------------ 
 f)   Place of the           Outside a Trading Venue 
       transaction 
     ---------------------  ------------------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   Bill Castell 
     ---------------------  --------------------------------------------------- 
 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, 
       type of instrument 
                              Identification code (ISIN) for Gamma 
       Identification         Communications plc ordinary shares: 
       code                   GB00BQS10J50 
     ---------------------  --------------------------------------------------- 
 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        42,763     Gamma Long-Term Incentive 
                                                       Plan 
                               ---------  ---------- 
     ---------------------  --------------------------------------------------- 
 d)   Aggregated             As above 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  --------------------------------------------------- 
 e)   Date of the            6 May 2022 
       transaction 
     ---------------------  --------------------------------------------------- 
 f)   Place of the           Outside a trading venue 
       transaction 
     ---------------------  --------------------------------------------------- 
 

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