Exercise of Options

RNS Number : 5508G

Gamma Communications PLC

06 November 2018

 

6 November 2018

Gamma Communications plc

Exercise of Options

The Company confirms that, following the receipt of a notice of exercise of options under the Company's 'CSOP' scheme from Daryl Pile (Managing Director - Channel), who is a 'person discharging management responsibility', it has approved the issue of 11,111 Ordinary Shares (the "New Ordinary Shares").

Pursuant to the above exercise of options, and in part to pay the exercise price, the option holder sold 11,111 Ordinary Shares on 5 November 2018 at 830p.

Gamma Communications plc Andrew Taylor, Chief Executive Officer Andrew Belshaw, Chief Financial Officer Malcolm Goddard, Company Secretary	Tel: [phone]
Investec Bank plc (NOMAD & Broker) Patrick Robb / Andrew Pinder / Sebastian Lawrence	Tel: [phone]

Appendix

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Daryl Pile
b)	Position / status	Managing Director - Channel
c)	Initial notification / amendment	Initial Notification
2.	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	Gamma Communications plc Ordinary Shares of 0.25p each
b)	Nature of the transaction	Sale Of Ordinary Shares of 0.25p each following an exercise of options

c)	Price(s) and volume(s)	Price(s) Volume(s) 830p 11,111
d)	Aggregated information Aggregated volume Price
e)	Date of the transaction	5-11-2018
f)	Place of the transaction	London Stock Exchange - (XLON)

 

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