Director/PDMR Shareholding

RNS Number : 3514C

Gamma Communications PLC

10 October 2022

 

10 October 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 29,959 Ordinary Shares (the "New Ordinary Shares").

Following the issue of the New Ordinary Shares, the number of Ordinary Shares in issue will increase to 96,798,105. 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 96,798,105 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.

The following option holders exercised options and sold Ordinary Shares (in part to pay the option holder's tax due on the exercise), in the quantities shown below:

  Director

· Andrew Belshaw (CEO) exercised options over 23,351 Ordinary Shares in the Company on 6 October 2022 for nil consideration and sold 28,351 Ordinary Shares at a price of 1092.5p, representing 0.03 per cent of the Company's issued share capital .  His aggregate resultant shareholding in the Company is 94,505 Ordinary shares, representing 0.1 per cent of the issued share capital of the Company.

  PDMR

· John Murphy (Group Operations Director) exercised options over 4,087 Ordinary Shares in the Company on 7 October 2022 at an exercise price of  734p and sold:

1,945 Ordinary Shares at a price of 1118p on 5 October 2022

  978 Ordinary Shares at a price of 1062p on 5 October 2022

4,087 Ordinary Shares at a price of 1080p on 7 October 2022

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 Belshaw
2	Reason for the notification
a)	Position/status	CEO
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) a) Nil 23,351 Exercise of options b) 1092.5p 28,351 Sale
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	6 October 2022
f)	Place of the transaction	a) Outside a trading venue b) London Stock Exchange, (AIMX)

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 and exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) a) 1118p 1,945 Sale b) 1062p 978 Sale c) 734p 4,087 Exercise of options d) 1080p 4,087 Sale
d)	Aggregated information - Aggregated volume - Price	7,010 1087.9p
e)	Date of the transaction	a)  5 October 2022 b)  5 October 2022 c)  7 October 2022 d)  7 October 2022
f)	Place of the transaction	a) London Stock Exchange, (AIMX) b) London Stock Exchange, (AIMX) c) Outside a trading venue d) London Stock Exchange, (AIMX)

 

END

 

 

DSHBGBDGLDBDGDG