Director/PDMR Shareholding

RNS Number : 4923P
Gama Aviation PLC
17 February 2021
 

17 February 2021

 

Gama Aviation Plc (AIM: GMAA)

 

Director/PDMR Transactions

 

On 17 February 2021, Gama Aviation Plc ("Gama Aviation" or the "Company") was informed that,  Daniel Ruback, a director and Chief Financial Officer of the Company, has in order to effect a "Bed and ISA" transaction, sold 25,000 ordinary shares of £0.01 each ("Ordinary Shares") at a price of 35.00 pence per Ordinary Share and then repurchased into his Individual Savings Account (ISA), the same number of 25,000 Ordinary Shares at a price of 35.20 pence per Ordinary Share.

Following the completion of these transactions his ultimate beneficial ownership is unchanged and remains at 25,000 Ordinary Shares in total, representing approximately 0.04% of the Company's total voting rights.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the transactions.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 

Daniel Ruback

2

Reason for the notification


a)


Position/status

 

Director, 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 penny each

 

ISIN - GB00B3ZP1526

b)

Nature of the transaction

 

On market sale of Ordinary Shares and immediate repurchase by way of Bed and ISA arrangement

c)

Price(s) and volume(s)

   

Price(s)

Volume(s)

Sale: 35.00p

25,000

Purchase: 35.20p

25,000

d)

Aggregated information

 

Price(s)

Volume(s)

Sale: as above

Purchase: as above

25,000

25,000

e)

Date of the transaction

 

17 February 2021

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

Founded in 1983 on the simple purpose of providing aviation services that equip its customers with decisive advantage, Gama Aviation Plc (LSE AIM: GMAA) is a highly valued global partner to blue chip corporations, government agencies, healthcare trusts and private individuals.

The Group has three global divisions: Business Aviation (Aircraft Management, Charter, FBO & Maintenance), Special Mission (Air Ambulance & Rescue, National Security & Policing, Infrastructure & Survey, Energy & Offshore); and Technology & Outsourcing (Flight Operations, FBO, CAM software, Flight Planning, CAM & ARC services)

More details can be found at: http://www.gamaaviation.com/

 

 

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