Director/PDMR Shareholding

RNS Number : 3514C
Gamma Communications PLC
10 October 2022
 

10 October 2022

The Company confirms that, following the receipt of notices of exercise of options from employees, it has approved the issue of 29,959 Ordinary Shares (the "New Ordinary Shares").

Following the issue of the New Ordinary Shares, the number of Ordinary Shares in issue will increase to 96,798,105. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following this allotment consists of 96,798,105 Ordinary Shares with voting rights attached. There are no Shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Gamma Communications plc under the DTRs.

The following option holders exercised options and sold Ordinary Shares (in part to pay the option holder's tax due on the exercise), in the quantities shown below:

  Director

· Andrew Belshaw (CEO) exercised options over 23,351 Ordinary Shares in the Company on 6 October 2022 for nil consideration and sold 28,351 Ordinary Shares at a price of 1092.5p, representing 0.03 per cent of the Company's issued share capital His aggregate resultant shareholding in the Company is 94,505 Ordinary shares, representing 0.1 per cent of the issued share capital of the Company.

 

 

  PDMR

 

· John Murphy (Group Operations Director) exercised options over 4,087 Ordinary Shares in the Company on 7 October 2022 at an exercise price of  734p and sold:

1,945 Ordinary Shares at a price of 1118p on 5 October 2022

  978 Ordinary Shares at a price of 1062p on 5 October 2022

4,087 Ordinary Shares at a price of 1080p on 7 October 2022

 

 

Gamma Communications plc

Andrew Belshaw, Chief Executive Officer

Bill Castell, 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)20 7597 5970

 


 

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

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

Sale of shares following exercise of options

c)

Price(s) and volume(s)


 Price(s)

Volume(s)


a)

Nil

23,351

Exercise of options

b)

1092.5p

28,351

Sale


d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

6 October 2022

f)

Place of the transaction

 

a)

Outside a trading venue

b)

London Stock Exchange, (AIMX)


 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Murphy

2

Reason for the notification

a)

Position/status

Group Operations 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

Sale of shares and exercise of options

c)

Price(s) and volume(s)


 Price(s)

Volume(s)


a)

1118p

1,945

b)

1062p

978

c)

734p

4,087

d)

1080p

4,087


d)

Aggregated information

- Aggregated volume

- Price

 

 

7,010

1087.9p

e)

Date of the transaction

a)  5 October 2022

b)  5 October 2022

c)  7 October 2022

d)  7 October 2022

 

f)

Place of the transaction

a)

London Stock Exchange, (AIMX)

b)

London Stock Exchange, (AIMX)

c)

Outside a trading venue

d)

London Stock Exchange, (AIMX)


 

 

 

 

 

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