Director/PDMR Shareholding

RNS Number : 8724W

Gamma Communications PLC

21 August 2020

 

21 August 2020

Gamma Communications plc

Director / PDMR Shareholding

Gamma Communications plc ("Gamma" or the "Company") has been informed of the following transactions:

Andrew Stone, a Non-Executive Director of the Company, gained beneficial ownership of 700,601 ordinary shares in the Company at 1725p per share on 17 August 2020 from a deceased's estate subsequent to the grant of probate.

In addition, four separate discretionary trusts each gained beneficial ownership of 60,000 ordinary shares in the Company at 1725p per share on 17 August 2020 from a deceased's estate subsequent to the grant of probate.  Andrew Stone is a trustee of each of these trusts but not a beneficiary. The trusts are deemed 'persons closely associated' to Andrew pursuant to the Market Abuse Regulation.

Andrew has a resultant beneficial interest in 700,601 ordinary shares, representing 0.7% of the Company's issued share capital.

Gamma Communications plc Andrew Taylor, Chief Executive Officer Andrew Belshaw, Chief Financial Officer Malcolm Goddard, Company Secretary	Tel: +44 ( 0)333 006 5972
Investec Bank plc (NOMAD & Broker) Patrick Robb / Sebastian Lawrence / Virginia Bull	Tel: [phone]

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 Stone
2	Reason for the notification
a)	Position/status	Non-executive Director
b)	Initial notification /Amendment	Initial notification
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 of the financial instrument, type of instrument Identification code	Ordinary Shares of 0.25p each in Gamma Communications plc Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50
b)	Nature of the transaction	Transfer in from deceased's estate following probate.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1725p 700,601
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) n/a n/a
e)	Date of the transaction	17 August 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	The C F Stone Discretionary Trust 2019
2	Reason for the notification
a)	Position/status	PCA of Andrew Stone
b)	Initial notification /Amendment	Initial notification
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 of the financial instrument, type of instrument Identification code	Ordinary Shares of 0.25p each in Gamma Communications plc Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50
b)	Nature of the transaction	Transfer in from deceased's estate following probate.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1725p 60,000
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) n/a n/a
e)	Date of the transaction	17 August 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	The D C Stone Discretionary Trust 2019
2	Reason for the notification
a)	Position/status	PCA of Andrew Stone
b)	Initial notification /Amendment	Initial notification
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 of the financial instrument, type of instrument Identification code	Ordinary Shares of 0.25p each in Gamma Communications plc Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50
b)	Nature of the transaction	Transfer in from deceased's estate following probate.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1725p 60,000
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) n/a n/a
e)	Date of the transaction	17 August 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	The H B Stone Discretionary Trust 2019
2	Reason for the notification
a)	Position/status	PCA of Andrew Stone
b)	Initial notification /Amendment	Initial notification
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 of the financial instrument, type of instrument Identification code	Ordinary Shares of 0.25p each in Gamma Communications plc Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50
b)	Nature of the transaction	Transfer in from deceased's estate following probate.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1725p 60,000
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) n/a n/a
e)	Date of the transaction	17 August 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	The F H A Stone Discretionary Trust 2019
2	Reason for the notification
a)	Position/status	PCA of Andrew Stone
b)	Initial notification /Amendment	Initial notification
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 of the financial instrument, type of instrument Identification code	Ordinary Shares of 0.25p each in Gamma Communications plc Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50
b)	Nature of the transaction	Transfer in from deceased's estate following probate.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1725p 60,000
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) n/a n/a
e)	Date of the transaction	17 August 2020
f)	Place of the transaction	Outside a trading venue

 

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