Director/PDMR Shareholding

RNS Number : 8672X

Gama Aviation PLC

02 May 2019

 

2 May 2019

Gama Aviation Plc (AIM: GMAA)

Director/PDMR Transactions

On 1 May 2019, Gama Aviation Plc ("Gama Aviation" or the "Company") was informed that Hutchison Capital Holdings Limited ("Hutchison"), a substantial shareholder in the Company and whose nominee director is the Company's Chairman Simon To, had bought 1,162,759 ordinary shares of 1 penny each in the capital of the Company at 95p on 1 May 2019.

Following the acquisition, Hutchison has increased its shareholding in the Company from 27.96% to 29.79%.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Hutchison Capital Holdings Limited
2	Reason for the notification
a)	Position/status	Hutchison Capital Holdings Limited is a person closely associated with Mr. Simon To, a PDMR of the issuer
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gama Aviation Plc
b)	LEI	213800PPPRG2WINUM024
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 of the financial instrument, type of instrument Identification code	Ordinary Shares of 1 pence each ISIN - GB00B3ZP1526
b)	Nature of the transaction	Acquisition
c)	Price(s) and volume(s)	Price(s) Volume(s) 95p 1,162,759
d)	Aggregated information	Price(s) Volume(s) 95p 1,162,759
e)	Date of the transaction	1 May 2019
f)	Place of the transaction	London Stock Exchange, AIM

For more information contact:

Gama Aviation Plc                                                   [phone]

Mine Taylor, Company Secretary

Gama Aviation - Notes to Editors

Gama Aviation Plc (LSE AIM:GMAA) is a global business aviation services company that specialises in providing support for individuals, corporations and government agencies; allowing them to deliver on the promises they make.

The Company has two divisions: Air and Ground. Air services include: aircraft management, special mission support and charter; with Ground services covering: base & line aircraft maintenance services, aircraft modification design and installation and Fixed Base Operations (FBO).

More details can be found at: http://www.gamaaviation.com/

 

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