Director/PDMR Shareholding

RNS Number : 7067V

Gamma Communications PLC

19 April 2016

 

19 April 2016

Gamma Communications plc

Director Shareholding

 

Gamma Communications plc ("Gamma") was today informed that on 15 April 2016, Yorkshire Building Society, as trustee of the Company's HM Revenue & Customs approved Gamma Share Incentive Plan (the "GSIP"), acquired ordinary shares of 0.25 pence each in the Company ("Partnership Shares") on behalf of the following Director.

Additionally, in accordance with the terms of the GSIP, the following Director was duly awarded one Matching Share for each Partnership Share purchased.

Director	No. of Partnership Shares purchased	Purchase price of each Partnership Share	Resultant total shareholding	Resultant total shareholding (%)	No. of Matching  Shares awarded
Andrew Belshaw	652	276p	277,654	0.3%	652

The Matching Shares will vest on the third anniversary of the date of the award subject to continued employment for those three years and the Partnership Shares being held throughout the same period.

The GSIP is run independently by Yorkshire Building Society who have purchased the Partnership Shares and Matching Shares in the open market on behalf of employees participating in the GSIP.  As a potential beneficiary, the above Director is deemed to have a potential beneficial interest in the trust's shares.

For more information please contact:

Gamma Communications plc Bob Falconer, Chief Executive Officer Andrew Belshaw, Chief Financial Officer Malcolm Goddard, Company Secretary	Tel: [phone]
Investec Bank plc (NOMAD & Broker) Matt Lewis / Dominic Emery Patrick Robb / Sebastian Lawrence	Tel: [phone]

Tulchan Communications LLP (PR Adviser)            Tel: [phone]

James Macey White / Matt Low

 

END

 

 

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