Director/PDMR Shareholding

Gamma Communications PLC

03 July 2023

 

3 July 2023

Gamma Communications plc

(the "Company")

Exercise of Sharesave options

The Company announces that on 3 July 2023 share options were exercised over ordinary shares of 0.25 pence each in the Company to persons discharging managerial responsibility ("PDMR") and persons closely associated ("PCA") pursuant to the Gamma Savings Related Share Option Scheme 2016 (the "Scheme").  The exercise price was 800p.

The Scheme was offered to all those who were UK employees on 31 January 2020. It enables the employee to save for three years, then to use the proceeds to exercise share options, such exercise needing to take place within a six-month window.

PDMRs	Role	Number of options exercised and retained
David Macfarlane	Managing Director - UK Direct	45

PCA	Role	Number of options exercised and retained
Sarah Macfarlane	PCA of David Macfarlane	45

Enquiries:
Gamma Communications plc Andrew Belshaw, Chief Executive Officer Bill Castell, Chief Financial Officer Rachael Matzopoulos, Company Secretary	Tel: [phone]
Investec Bank plc (NOMAD & Broker) Patrick Robb / Virginia Bull	Tel: [phone]
Teneo (PR Adviser) James Macey White / Rebecca Hamer	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	David Macfarlane
2	Reason for the notification
a)	Position/status	Managing Director - UK 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	Exercise of options over Ordinary Shares of 0.25p each pursuant to the Gamma Savings Related Share Option Scheme 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) 800p 45
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	3 July 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sarah Macfarlane
2	Reason for the notification
a)	Position/status	PCA of David Macfarlane
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	Exercise of options over Ordinary Shares of 0.25p each pursuant to the Gamma Savings Related Share Option Scheme 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) 800p   45
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	3 July 2023
f)	Place of the transaction	Outside a trading venue

 

END