Director/PDMR Transactions

RNS Number : 1652X

Gama Aviation PLC

25 April 2019

 

25 April 2019

Gama Aviation Plc (AIM: GMAA)

Director/PDMR Transactions

On 25 April 2019, Gama Aviation Plc ("Gama Aviation" or the "Company") was informed that Hutchison Capital Holdings Limited ("Hutchison"), a substantial shareholder in the Company and whose nominee director is the Company's Chairman Simon To, had bought 1,704,960 ordinary shares of 1 penny each in the capital of the Company at 90.691p on 24 April 2019.

Following the acquisition, Hutchison has increased its shareholding in the Company from 21.17% to 23.85%.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Hutchison Capital Holdings Limited
2	Reason for the notification
a)	Position/status	Substantial Shareholder
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	Acquisition
c)	Price(s) and volume(s)	Price(s) Volume(s) 90.691 1,704,960
d)	Aggregated information - Aggregated volume - Price	1,704,960 90.691
e)	Date of the transaction	24 April 2019
f)	Place of the transaction	London Stock Exchange, AIM

For more information contact:

Gama Aviation Plc                                                                           [phone]

Mine Taylor, Company Secretary

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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