Director/PDMR Shareholding

RNS Number : 8539K

Gamma Communications PLC

09 May 2022

 

9 May 2022

Gamma Communications plc

Director/PDMR Shareholding

Grants of share options

The Company announces the following grant of share options over ordinary shares of 0.25 pence each in the Company to the following persons discharging management responsibility and persons closely associated pursuant to the Gamma Savings Related Share Option 2022 Scheme established on 3 Dec 2021. 

PDMRs		No of Options	Exercise price
Andrew Belshaw		1,730	1040p
David Macfarlane		1,696	1040p
Malcolm Goddard		1,730	1040p
PCA
Sarah Macfarlane (PCA of David Macfarlane)		1,696	1040p

The above options were granted on 6 May 2022 and the scheme was offered to all those who were employees on 31 January 2022. It enables the employee to save for three years and then to use the proceeds to exercise share options, such exercise needing to take place within a six-month window.

In addition the Company announces that on 6 May 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: 

PDMR			No of Options	Exercise price
Bill Castell			42,763	nil

The above options are subject to certain performance conditions having been met during the three year period up until April 2025 and are subject to a further two year holding period post vesting before they may be exercised.

Gamma Communications plc  Tel: [phone]

Andrew Taylor, CEO

Andrew Belshaw, Deputy CEO

Bill Castell, Chief Financial Officer

Malcolm Goddard, Company Secretary

Investec Bank plc (NOMAD & Broker)   Tel: [phone]

Patrick Robb / Sebastian Lawrence / Virginia Bull

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 Belshaw
2	Reason for the notification
a)	Position/status	Deputy Chief Executive 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 pursuant to SAYE 2022 all-employee share scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) 1040p 1,730
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) n/a n/a
e)	Date of the transaction	6 May 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 Business
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 pursuant to SAYE 2022 all-employee share scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) 1040p 1,696
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) n/a n/a
e)	Date of the transaction	6 May 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 pursuant to SAYE 2022 all-employee share scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) 1040p 1,730
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) n/a n/a
e)	Date of the transaction	6 May 2022
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sarah Macfarlane
2	Reason for the notification
a)	Position/status	PCA of David Macfarlane
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 pursuant to SAYE 2022 all-employee share scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) 1040p 1,696
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) n/a n/a
e)	Date of the transaction	6 May 2022
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bill Castell
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 42,763 Gamma Long-Term Incentive Plan
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	6 May 2022
f)	Place of the transaction	Outside a trading venue

 

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