Director/PDMR Shareholding

RNS Number : 9753C
Gamma Communications PLC
22 October 2020
 

22 October 2020

Gamma Communications plc

Director / PDMR Shareholding

Gamma Communications plc ("Gamma" or the "Company") has been informed that four separate discretionary trusts which are deemed 'persons closely associated' to Andrew Stone, a Non-Executive Director of the Company, pursuant to the Market Abuse Regulation each sold:

10,000 ordinary shares in the Company at 1755.0993p per share on 19 October 2020, and

 15,000 ordinary shares in the Company at 1750p per share on 22 October 2020.

Andrew Stone is a trustee of each of these trusts but not a beneficiary.

The notification below, which has been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

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 / Sebastian Lawrence / Virginia Bull

 

Tel: +44 (0)20 7597 5970



 

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

The C F Stone Discretionary Trust 2019

2

Reason for the notification

a)

Position/status

PCA of Andrew Stone

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

Sale of shares.

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

A

1755.0993p

10,000

B

1750p

15,000

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

  A  19 October 2020

  B  22 October 2020

f)

Place of the transaction

London Stock Exchange, (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

The D C Stone Discretionary Trust 2019

2

Reason for the notification

a)

Position/status

PCA of Andrew Stone

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

Sale of shares

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

A

1755.0993p

10,000

B

1750p

15,000

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

  A  19 October 2020

  B  22 October 2020

f)

Place of the transaction

London Stock Exchange, (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

The H B Stone Discretionary Trust 2019

2

Reason for the notification

a)

Position/status

PCA of Andrew Stone

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

Sale of shares.

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

A

1755.0993p

10,000

B

1750p

15,000

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

  A  19 October 2020

  B  22 October 2020

f)

Place of the transaction

London Stock Exchange, (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

The F H A Stone Discretionary Trust 2019

2

Reason for the notification

a)

Position/status

PCA of Andrew Stone

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

Sale of shares

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

A

1755.0993p

10,000

B

1750p

15,000

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

  A  19 October 2020

  B  22 October 2020

f)

Place of the transaction

London Stock Exchange, (XLON)

 

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