Director/PDMR Shareholding

RNS Number : 8539K
Gamma Communications PLC
09 May 2022
 

9 May 2022

Gamma Communications plc

Director/PDMR Shareholding

Grants of share options

The Company announces the following grant of share options over ordinary shares of 0.25 pence each in the Company to the following persons discharging management responsibility and persons closely associated pursuant to the Gamma Savings Related Share Option 2022 Scheme established on 3 Dec 2021. 

 PDMRs


No of Options

Exercise price





 Andrew Belshaw

 


1,730

1040p

 David Macfarlane

 


1,696

1040p

 Malcolm Goddard


1,730

1040p









PCA

 




 Sarah Macfarlane (PCA of David Macfarlane)

 


1,696

1040p

 

The above options were granted on 6 May 2022 and the scheme was offered to all those who were employees on 31 January 2022. It enables the employee to save for three years and then to use the proceeds to exercise share options, such exercise needing to take place within a six-month window.

 

 

In addition the Company announces that on 6 May 2022 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: 

 PDMR


No of Options

Exercise price





 Bill Castell


  42,763

nil





The above options are subject to certain performance conditions having been met during the three year period up until April 2025 and are subject to a further two year holding period post vesting before they may be exercised.

 

 

 

 

 

 

Gamma Communications plc  Tel: +44 (0) 333 006 5972

Andrew Taylor, CEO

Andrew Belshaw, Deputy CEO

Bill Castell, Chief Financial Officer

Malcolm Goddard, Company Secretary

 

Investec Bank plc (NOMAD & Broker)   Tel: +44 (0) 207 597 5970

Patrick Robb / Sebastian Lawrence / Virginia Bull

 

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 Belshaw

2

Reason for the notification

a)

Position/status

Deputy Chief Executive 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 pursuant to SAYE 2022 all-employee share scheme

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

1040p

1,730



d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

6 May 2022

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 Business

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 pursuant to SAYE 2022 all-employee share scheme

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

1040p

1,696



d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

6 May 2022

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 pursuant to SAYE 2022 all-employee share scheme

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

1040p

1,730



d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

6 May 2022

f)

Place of the transaction

Outside a Trading Venue

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Sarah Macfarlane

2

Reason for the notification

a)

Position/status

PCA of David Macfarlane

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 pursuant to SAYE 2022 all-employee share scheme

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

1040p

1,696



d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

6 May 2022

f)

Place of the transaction

Outside a Trading Venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Bill Castell

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

 

42,763

 

Gamma Long-Term Incentive Plan

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

6 May 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

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