Director/PDMR Shareholding

RNS Number : 4923P

Gama Aviation PLC

17 February 2021

 

17 February 2021

Gama Aviation Plc (AIM: GMAA)

Director/PDMR Transactions

On 17 February 2021, Gama Aviation Plc ("Gama Aviation" or the "Company") was informed that,  Daniel Ruback, a director and Chief Financial Officer of the Company, has in order to effect a "Bed and ISA" transaction, sold 25,000 ordinary shares of £0.01 each ("Ordinary Shares") at a price of 35.00 pence per Ordinary Share and then repurchased into his Individual Savings Account (ISA), the same number of 25,000 Ordinary Shares at a price of 35.20 pence per Ordinary Share.

Following the completion of these transactions his ultimate beneficial ownership is unchanged and remains at 25,000 Ordinary Shares in total, representing approximately 0.04% of the Company's total voting rights.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the transactions.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Daniel Ruback
2	Reason for the notification
a)	Position/status	Director, 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 penny each ISIN - GB00B3ZP1526
b)	Nature of the transaction	On market sale of Ordinary Shares and immediate repurchase by way of Bed and ISA arrangement
c)	Price(s) and volume(s)	Price(s) Volume(s) Sale: 35.00p 25,000 Purchase: 35.20p 25,000
d)	Aggregated information	Price(s) Volume(s) Sale: as above Purchase: as above 25,000 25,000
e)	Date of the transaction	17 February 2021
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

Founded in 1983 on the simple purpose of providing aviation services that equip its customers with decisive advantage, Gama Aviation Plc (LSE AIM: GMAA) is a highly valued global partner to blue chip corporations, government agencies, healthcare trusts and private individuals.

The Group has three global divisions: Business Aviation (Aircraft Management, Charter, FBO & Maintenance), Special Mission (Air Ambulance & Rescue, National Security & Policing, Infrastructure & Survey, Energy & Offshore); and Technology & Outsourcing (Flight Operations, FBO, CAM software, Flight Planning, CAM & ARC services)

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

 

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