Director/PDMR Shareholding

RNS Number : 1350G
Gamma Communications PLC
25 March 2022
 

 

25 March 2022

Gamma Communications plc

 

Grant of options

 Gamma Communications plc ("the Company") announces that on 25 March 2022 it granted the following nil cost share options over ordinary shares of 0.25 pence each in the Company pursuant to the Gamma Long-Term Incentive Plan established on 2 September 2014: 

Executive Director


No of Options

Exercise price





 Andrew Taylor


 48,568

nil

 Andrew Belshaw


  30,203

nil









 PDMR


No of Options

Exercise price





 Andrew Morris


  18,625

nil

 Malcolm Goddard


  12,138

nil

 David Macfarlane


  18,730

nil

 Daryl Pile


  18,730

nil

The above options are subject to certain performance conditions having been met during the three year period up until April 2025.

The options for the Executive Directors are subject to a further two year holding period post vesting before they may be exercised.

 

The Company also announces that on 25 March 2022 it granted the following nil cost share options over ordinary shares of 0.25 pence each in the Company pursuant to the Gamma Deferred Bonus Plan established on 23 May 2018: 

Executive Director


No of Options

Exercise price





 Andrew Taylor


  9,377

nil

 Andrew Belshaw


   4,665

nil

The above options were granted on 25 March 2022 and will vest on 31 March 2025 without performance conditions.

 

 

Enquiries:

 


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 / Virginia Bull / Sebastian Lawrence

 

 

Tel: +44 (0)207 597 5970

Tulchan Communications LLP (PR Adviser)

James Macey White / Matt Low

Tel: +44 (0)207 353 4200

 

 

 

 

 

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 Taylor

2

Reason for the notification

a)

Position/status

CEO

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

Award of options over Ordinary Shares of 0.25p each under the schemes shown below

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

 

Nil

Nil

48,568

  9,377

Gamma Long-Term Incentive Plan

Gamma Deferred Bonus Plan

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

25 March 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Belshaw

2

Reason for the notification

a)

Position/status

CFO

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

Award of options over Ordinary Shares of 0.25p each under the schemes shown below

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

 

nil

nil

30,203

  4,665

Gamma Long-Term Incentive Plan

Gamma Deferred Bonus Plan

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

25 March 2022

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Morris

2

Reason for the notification

a)

Position/status

Chief Strategy & Operating Officer

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

Award of options over Ordinary Shares of 0.25p each under Gamma Long-Term Incentive Plan

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

 

nil

18,625

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

25 March 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Malcolm Goddard

2

Reason for the notification

a)

Position/status

Company Secretary

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

Award of options over Ordinary Shares of 0.25p each under Gamma Long-Term Incentive Plan

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

 

nil

12,138

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

25 March 2022

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Macfarlane

2

Reason for the notification

a)

Position/status

Managing Director - Direct

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

Award of options over Ordinary Shares of 0.25p each under Gamma Long-Term Incentive Plan

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

 

nil

18,730

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

25 March 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Daryl Pile

2

Reason for the notification

a)

Position/status

Managing Director - Channel

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

Award of options over Ordinary Shares of 0.25p each under Gamma Long-Term Incentive Plan

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

 

nil

18,730

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

25 March 2022

f)

Place of the transaction

Outside a trading venue

 

 

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