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18 April 2016
Gamma Communications plc
("Gamma Communications plc" or the "Company")
Exercise of Options
The Company confirms that, following the receipt of a notice of exercise of options from an employee, it has today issued 50,000 Ordinary Shares of 0.25p each (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 22 April 2016.
Following the issue of the New Ordinary Shares, the number of Ordinary Shares in issue will increase to 91,355,643. 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 91,355,643 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.
Tulchan Communications LLP (PR Adviser) Tel: +44 (0) 207 353 4200 James Macey White / Matt Low
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