Director/PDMR Shareholding

RNS Number : 4067S

Gamma Communications PLC

13 July 2022

 

13 July 2022

Gamma Communications plc

Exercise of Options

The Company confirms that, following the receipt of notices of exercise of options from employees, it has approved the issue of 134,482 Ordinary Shares (the "New Ordinary Shares").

Following the issue of the New Ordinary Shares, the number of Ordinary Shares in issue will increase to 96,676,235. 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 96,676,235 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.

Pursuant to above exercise of options, and in part to pay the option holders' tax due on the exercise, the following option holders sold Ordinary Shares on 12 July 2022 at 1102p in the quantities shown below:

Persons discharging management responsibility

· Andrew Morris exercised options over 17,280 Ordinary Shares in the Company for nil consideration and sold 8,383 Ordinary Shares

· Malcolm Goddard exercised options over 11,261 Ordinary Shares in the Company for nil consideration and sold 5,463 Ordinary Shares

· David Macfarlane exercised options over 16,034 Ordinary Shares in the Company for nil consideration and sold 7,778 Ordinary Shares

· Daryl Pile exercised options over 16,034 Ordinary Shares in the Company for nil consideration and sold 7,778 Ordinary Shares

· Phillip Stubbs exercised options over 12,329 Ordinary Shares in the Company for nil consideration and sold 12,329 Ordinary Shares

· John Murphy exercised options over 7,926 Ordinary Shares in the Company for nil consideration and sold 7,926 Ordinary Shares

Gamma Communications plc Andrew Belshaw, Chief Executive Officer Bill Castell, Chief Financial Officer Malcolm Goddard, Company Secretary	Tel: +44 ( 0)333 006 5972
Investec Bank plc (NOMAD & Broker) Patrick Robb / Virginia Bull / Sebastian Lawrence	Tel: [phone]

Appendix

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Morris
2	Reason for the notification
a)	Position/status	Chief Strategy & Operating Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gamma Communications plc
b)	LEI	213800LAQZXPRIZUEH50
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 0.25p each in Gamma Communications plc Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50
b)	Nature of the transaction	Sale of shares following exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 17,280 Exercise of options 1102p 8,383 Sale
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	12 July 2022
f)	Place of the transaction	London Stock Exchange, (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Malcolm Goddard
2	Reason for the notification
a)	Position/status	Company Secretary
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gamma Communications plc
b)	LEI	213800LAQZXPRIZUEH50
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 0.25p each in Gamma Communications plc Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50
b)	Nature of the transaction	Sale of shares following exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 11,261 Exercise of options 1102p 5,463 Sale
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	12 July 2022
f)	Place of the transaction	London Stock Exchange, (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Macfarlane
2	Reason for the notification
a)	Position/status	Managing Director - Direct
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gamma Communications plc
b)	LEI	213800LAQZXPRIZUEH50
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 0.25p each in Gamma Communications plc Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50
b)	Nature of the transaction	Sale of shares following exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 16,034 Exercise of options 1102p 7,778 Sale
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	12 July 2022
f)	Place of the transaction	London Stock Exchange, (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Daryl Pile
2	Reason for the notification
a)	Position/status	Managing Director - Channel
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gamma Communications plc
b)	LEI	213800LAQZXPRIZUEH50
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 0.25p each in Gamma Communications plc Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50
b)	Nature of the transaction	Sale of shares following exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 16,034 Exercise of options 1102p 7,778 Sale
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	12 July 2022
f)	Place of the transaction	London Stock Exchange, (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Phillip Stubbs
2	Reason for the notification
a)	Position/status	Chief Technical Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gamma Communications plc
b)	LEI	213800LAQZXPRIZUEH50
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 0.25p each in Gamma Communications plc Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50
b)	Nature of the transaction	Sale of shares following exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 12,329 Exercise of options 1102p 12,329 Sale
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	12 July 2022
f)	Place of the transaction	London Stock Exchange, (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Murphy
2	Reason for the notification
a)	Position/status	Group Operations Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gamma Communications plc
b)	LEI	213800LAQZXPRIZUEH50
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 0.25p each in Gamma Communications plc Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50
b)	Nature of the transaction	Sale of shares following exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 7,926 Exercise of options 1102p 7,926 Sale
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	12 July 2022
f)	Place of the transaction	London Stock Exchange, (XLON)

 

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