Director/PDMR Shareholding

RNS Number : 6019G

Gama Aviation PLC

30 May 2017

 

30 May 2017

Gama Aviation Plc (AIM: GMAA)

Director/ PDMR Shareholdings

Gama Aviation was notified that on 30 May 2017, Jennifer Brown, the wife of Peter Brown, a Non-Executive Director of the Company, purchased a total of 10,000 ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") at a price of 218 pence per Ordinary Share.

On the same day, Peter Brown transferred 10,000 Ordinary shares to his wife, Jennifer Brown. Following the purchase and the share transfer from Peter Brown, Jennifer Brown is beneficially interested in 20,000 Ordinary Shares, representing approximately 0.05 per cent of the Company's issued share capital. Following the transfer of the shares, Peter Brown no longer has any beneficial interest in the Company's issued share capital.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jennifer Brown
2	Reason for the notification
a)	Position/status	Wife of Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gama Aviation Plc
b)	LEI
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 1p each ISIN - GB00B3ZP1526
b)	Nature of the transaction	Purchase of Ordinary Shares and transfer of Ordinary Shares from her husband, Peter Brown, for nil consideration
c)	Price(s) and volume(s)	Price(s) Volume(s) 218p 10,000 Nil 10,000
d)	Aggregated information  - Aggregated volume  - Price	20,000 109p
e)	Date of the transaction	30 May 2017
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Brown
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gama Aviation Plc
b)	LEI
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 1p each ISIN - GB00B3ZP1526
b)	Nature of the transaction	Transfer of Ordinary Shares to his wife, Jennifer Brown, for nil consideration
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 10,000
d)	Aggregated information  - Aggregated volume  - Price	10,000 Nil
e)	Date of the transaction	30 May 2017
f)	Place of the transaction	London Stock Exchange, AIM

For further information please visit www.gamaaviation.com or contact:

Gama Aviation Plc                                        [phone]

Marwan Khalek, Chief Executive Officer

Kevin Godley, Chief Financial Officer

Camarco                                                         [phone]

Ginny Pulbrook

Geoffrey Pelham-Lane

Jefferies International                                 [phone]

Simon Hardy

Harry Nicholas

Gama Aviation - Notes to Editors

Gama Aviation (GMAA) is a global business aviation services company that specialises in providing support for individuals, corporations and government agencies. Gama Aviation is now one of the top three global players in a highly fragmented market, with a fleet of over 250 aircraft. Gama operates across Europe, the US, the Middle East, Asia and Africa.

Gama's services can be split into two broad areas: Air and Ground. The Air Operations include aircraft management, special mission and charters, with Ground Services covering aircraft maintenance services, aircraft modification design and installation  and Fixed Base operations.

http://www.gamaaviation.com/

 

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