Director/PDMR Shareholding

Gamma Communications PLC

23 May 2023

 

23 May 2023

Gamma Communications plc

Grant of options

Gamma Communications plc ("the Company") announces that on 22 May 2023 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 approved on 17 May 2023: 

Executive Director	Number of options	Exercise price
Andrew Belshaw	69,709	nil
Bill Castell	44,325	nil

PDMR	Number of options	Exercise price
David Macfarlane	27,058	nil
Daryl Pile	27,058	nil
John Murphy	16,309	nil
Chris Bradford	14,911	nil
Chris Wade	14,911	nil
Gerben Wijbenga	7,519	nil
Xavi Casajoana	7,519	nil
Rachael Matzopoulos	5,845	nil

The options are subject to certain performance conditions having been met during the three year performance period ending on 31 December 2025 and will vest on 22 May 2026.

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

Enquiries:
Gamma Communications plc Andrew Belshaw, Chief Executive Officer Bill Castell, Chief Financial Officer Rachael Matzopoulos, Company Secretary	Tel: [phone]
Investec Bank plc (NOMAD & Broker) Patrick Robb / Virginia Bull	Tel: [phone]
Teneo (PR Adviser) James Macey White / Rebecca Hamer	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 Belshaw
2	Reason for the notification
a)	Position/status	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 under the Gamma Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 69,709
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 May 2023
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	Chief Financial 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 the Gamma Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) nil   44,325
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 May 2023
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	PDMR
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 Gamma Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) nil   27,058
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 May 2023
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	PDMR
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 Gamma Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) nil   27,058
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 May 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Murphy
2	Reason for the notification
a)	Position/status	PDMR
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 Gamma Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) nil   16,309
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 May 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Bradford
2	Reason for the notification
a)	Position/status	PDMR
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 Gamma Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) nil   14,911
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 May 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Wade
2	Reason for the notification
a)	Position/status	PDMR
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 Gamma Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) nil   14,911
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 May 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gerben Wijbenga
2	Reason for the notification
a)	Position/status	PDMR
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 Gamma Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) nil   7,519
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 May 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Xavi Casajoana
2	Reason for the notification
a)	Position/status	PDMR
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 Gamma Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) nil   7,519
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 May 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rachael Matzopoulos
2	Reason for the notification
a)	Position/status	PDMR
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 Gamma Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) nil   5,845
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	22 May 2023
f)	Place of the transaction	Outside a trading venue

 

END