Replacement - Director/PDMR Shareholding

RNS Number : 2752X

Gama Aviation PLC

26 April 2019

 

26 April 2019

Gama Aviation Plc (AIM: GMAA)

Director/PDMR Transactions

On 25 April 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 1,021,733 ordinary shares of 1 penny each in the capital of the Company at 92.9946p on 24 April 2019. 

Following the acquisition, Hutchison has increased its shareholding in the Company from 23.85% to 25.45%.

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) 92.9946p 1,021,733
d)	Aggregated information	Price(s) Volume(s) 92.9946p 1,021,733
e)	Date of the transaction	25 April 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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