Exercise of Options and Director/PDMR Shareholding

RNS Number : 3894Z

Gamma Communications PLC

14 December 2017

 

14 December 2017

Gamma Communications plc

("Gamma" or the "Company")

Exercise of Options and Director/PDMR Shareholding

The Company announces that, following the receipt of notices to exercise options from a current employee and a number of former employees, it has approved the issue of 40,533 Ordinary Shares (the "New Ordinary Shares").

Application has been made for the New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 20 December 2017.

Following the issue of the New Ordinary Shares, the number of Ordinary Shares in issue will increase to 93,289,973. 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 93,289,973 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 Company has also been informed that the following PDMR & PCA sold Ordinary Shares on 13 December 2017 at 632p in the quantities shown below:

   Malcolm Goddard (PDMR)                                         4,000 

   Jenny Goddard (PCA of Malcolm Goddard)               1,940

Gamma Communications plc Bob Falconer, Chief Executive Officer Andrew Belshaw, Chief Financial Officer Malcolm Goddard, Company Secretary	Tel: [phone]
Investec Bank plc (NOMAD & Broker) Corporate Finance: Andrew Pinder / Sebastian Lawrence Corporate Broking: Patrick Robb	Tel: [phone]

 

Appendix

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Malcolm Goddard
b)	Position / status	Company Secretary
c)	Initial notification / amendment	Initial Notification
2.	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	Gamma Communications plc Ordinary Shares of 0.25p each
b)	Nature of the transaction	Sale Of Ordinary Shares of 0.25p each

c)	Price(s) and volume(s)	Price(s) Volume(s)     6.32  4,000
d)	Aggregated information Aggregated volume Price
e)	Date of the transaction	13-12-2017
f)	Place of the transaction	London Stock Exchange - (XLON)

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Jenny Goddard
b)	Position / status	PCA of Malcolm Goddard
c)	Initial notification / amendment	Initial Notification
2.	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	Gamma Communications plc Ordinary Shares of 0.25p each
b)	Nature of the transaction	Sale Of Ordinary Shares of 0.25p each

c)	Price(s) and volume(s)	Price(s) Volume(s)     6.32   1,940
d)	Aggregated information Aggregated volume Price
e)	Date of the transaction	13-12-2017
f)	Place of the transaction	London Stock Exchange - (XLON)

 

END

 

 

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