Director/PDMR Transactions

RNS Number : 8814G

Gama Aviation PLC

06 March 2018

 

6 March 2018

Gama Aviation Plc (AIM: GMAA)

Director/PDMR Transactions

Gama Aviation Plc (the "Company") announces that following Admission of the 19,591,837 new ordinary shares of one pence each in the Company (the "Placing Shares") to trading on AIM, Marwan Khalek, Chief Executive Officer, has acquired a total of 255,105 Placing Shares at 245 pence each.

Following his acquisition of Placing Shares, Marwan Khalek and persons closely associated with him are interested in 14,179,607 Ordinary Shares in aggregate, representing approximately 22.3% of the Enlarged Issued Share Capital of the Company following Admission.

Capitalised terms used but not defined in this announcement have the meaning set out in the Circular published by the Company and dated 12 February 2018.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mr Marwan Khalek
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	Gama Aviation Plc
b)	LEI	213800PPPRG2WINUMO24
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	Issue of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 245p 255,105
d)	Aggregated information - Aggregated volume - Price	255,105 £625,007.25
e)	Date of the transaction	2 March 2018
f)	Place of the transaction	London Stock Exchange, AIM

For more information contact:

Gama Aviation Plc                                                                           [phone]

Marwan Khalek, Chief Executive Officer

Camarco                                                                                              [phone]

Ginny Pulbrook

Geoffrey Pelham-Lane

Jefferies International                                                                  [phone]

Simon Hardy

Will Soutar

Gama Aviation - Notes to Editors

Gama Aviation Plc (LSE AIM:GMAA) is a global business aviation services company that specialises in providing support for individuals, corporations and government agencies; allowing them to deliver on the promises they make.

The Company has two divisions: Air and Ground. Air services include: aircraft management, special mission support and charter; with Ground services covering: base & line aircraft maintenance services, aircraft modification design and installation and Fixed Base Operations (FBO).

More details can be found at: http://www.gamaaviation.com/

 

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