Director/PDMR Shareholding

RNS Number : 8672X
Gama Aviation PLC
02 May 2019
 

2 May 2019

Gama Aviation Plc (AIM: GMAA)

 

Director/PDMR Transactions

 

On 1 May 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 1,162,759 ordinary shares of 1 penny each in the capital of the Company at 95p on 1 May 2019.

Following the acquisition, Hutchison has increased its shareholding in the Company from 27.96% to 29.79%.

 

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

 

Hutchison Capital Holdings Limited is a person closely associated with Mr. Simon To, a PDMR of the issuer

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

213800PPPRG2WINUM024

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 1 pence each

 

ISIN - GB00B3ZP1526

b)

Nature of the transaction

 

Acquisition

c)

Price(s) and volume(s)

  

Price(s)

Volume(s)

95p

1,162,759

 

 

 

d)

Aggregated information

 

Price(s)

Volume(s)

95p

1,162,759

 

e)

Date of the transaction

 

1 May 2019

f)

Place of the transaction 

 

London Stock Exchange, AIM

 

For more information contact:

Gama Aviation Plc                                                   +44 (0) 1252 553029

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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END
 
 
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