TIDMGAMA

RNS Number : 4004E

Gamma Communications PLC

27 October 2022

27 October 2022

Gamma Communications plc

("Gamma" or the "Company")

Director/PDMR Shareholding

Exercise of share options

The Company announces that the following option-holders exercised share options in the quantities shown over ordinary shares of 0.25 pence on 25 October 2022 pursuant to the Gamma Savings Related Share Option 2019 Scheme established on 13 December 2018. The exercise price was 828p.

 
 Andrew Belshaw     CEO (interim)        2,173 
 Malcolm Goddard    Company Secretary    2,130 
                   -------------------  ------ 
 

The scheme was offered to all those who were employees on 31 January 2019. 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.

 
 Gamma Communications plc                         Tel: +44 ( 0)333 006 5972 
  Andrew Belshaw, CEO 
  Bill Castell, CFO 
  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 Belshaw 
     ---------------------  --------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status        CEO (interim) 
     ---------------------  --------------------------------------------- 
 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          Exercise of options over Ordinary 
       transaction            Shares of 0.25p each pursuant to 
                              SAYE 2019 all-employee share scheme 
     ---------------------  --------------------------------------------- 
 c)   Price(s) and             Price(s)   Volume(s) 
       volume(s)                          ---------- 
                                828p       2,173      Exercise of options 
     ---------------------  --------------------------------------------- 
 d)   Aggregated             As above 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  --------------------------------------------- 
 e)   Date of the            25 October 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 code (ISIN) for Gamma 
       Identification         Communications plc ordinary shares: 
       code                   GB00BQS10J50 
     ---------------------  --------------------------------------------- 
 b)   Nature of the          Exercise of options over Ordinary 
       transaction            Shares of 0.25p each pursuant to 
                              SAYE 2019 all-employee share scheme 
     ---------------------  --------------------------------------------- 
 c)   Price(s) and             Price(s)   Volume(s) 
       volume(s)                          ---------- 
                                828p       2,130      Exercise of options 
     ---------------------  --------------------------------------------- 
 d)   Aggregated             As above 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  --------------------------------------------- 
 e)   Date of the            25 October 2022 
       transaction 
     ---------------------  --------------------------------------------- 
 f)   Place of the            Outside a Trading Venue 
       transaction 
     ---------------------  --------------------------------------------- 
 

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END

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October 27, 2022 11:49 ET (15:49 GMT)

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