Director/PDMR Shareholding

RNS Number : 3893U
Gamma Communications PLC
01 April 2021
 

 

1 April 2021

Gamma Communications plc

 

Grant of options

Gamma Communications plc ("the Company") announces that on 1 April 2021 it granted the following nil cost share options over ordinary shares of 0.25 pence each in the Company pursuant to the Gamma Long-Term Incentive Plan established on 2 September 2014: 

Executive Director

 

No of Options

Exercise price

 

 

 

 

 Andrew Taylor

 

 38,253

nil

 Andrew Belshaw

 

  23,789

nil

 

 

 

 

 

 

 

 

 PDMR

 

No of Options

Exercise price

 

 

 

 

 Andrew Morris

 

  14,669

nil

 David Macfarlane

 

  14,752

nil

 Malcolm Goddard

 

   9,560

nil

 Daryl Pile

 

  14,752

nil

         

The above options are subject to certain performance conditions having been met during the three year period up until April 2024.

The options for the Executive Directors are subject to a further two year holding period post vesting before they may be exercised.

 

The Company also announces that on 1 April 2021 it granted the following nil cost share options over ordinary shares of 0.25 pence each in the Company pursuant to the Gamma Deferred Bonus Plan established on 23 May 2018: 

Executive Director

 

No of Options

Exercise price

 

 

 

 

 Andrew Taylor

 

  7,616

nil

 Andrew Belshaw

 

   3,789

nil

         

The above options were granted on 1 April 2021 and will vest on 31 March 2024 without performance conditions.

 

 

Enquiries:

 

 

Gamma Communications plc

Andrew Taylor, Chief Executive Officer

Andrew Belshaw, 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: +44 (0)207 597 5970

Tulchan Communications LLP (PR Adviser)

James Macey White / Matt Low

Tel: +44 (0)207 353 4200

     

 

 

 

 

 

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 Taylor

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

Award of options over Ordinary Shares of 0.25p each under the schemes shown below

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

 

Nil

Nil

38,253

  7,616

Gamma Long-Term Incentive Plan

Gamma Deferred Bonus Plan

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

1 April 2021

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Belshaw

2

Reason for the notification

a)

Position/status

CFO

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

Award of options over Ordinary Shares of 0.25p each under the schemes shown below

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

 

nil

nil

23,789

  3,789

Gamma Long-Term Incentive Plan

Gamma Deferred Bonus Plan

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

1 April 2021

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Morris

2

Reason for the notification

a)

Position/status

Chief Strategy & Operating Officer

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

Award of options over Ordinary Shares of 0.25p each under Gamma Long-Term Incentive Plan

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

 

nil

14,669

 

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

1 April 2021

f)

Place of the transaction

Outside a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Malcolm Goddard

2

Reason for the notification

a)

Position/status

Company Secretary

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

Award of options over Ordinary Shares of 0.25p each under Gamma Long-Term Incentive Plan

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

 

nil

9,560

 

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

1 April 2021

f)

Place of the transaction

Outside a trading venue

 

 

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 - 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

Award of options over Ordinary Shares of 0.25p each under Gamma Long-Term Incentive Plan

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

 

nil

14,752

 

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

1 April 2021

f)

Place of the transaction

Outside a trading venue

 

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Daryl Pile

2

Reason for the notification

a)

Position/status

Managing Director - Channel

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

Award of options over Ordinary Shares of 0.25p each under Gamma Long-Term Incentive Plan

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

 

nil

14,752

 

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

1 April 2021

f)

Place of the transaction

Outside a trading venue

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHBUGDSLSGDGBB
UK 100

Latest directors dealings