Director/PDMR Shareholding

Gamma Communications PLC

07 September 2026

 

7 September 2026

Gamma Communications plc

Grant of options

Gamma Communications plc (the Company) announces that on 7 September 2026 it granted the following nominal cost share options over ordinary shares of 0.25 pence each in the Company to Executive Directors.

Long Term Incentive Plan (LTIP)

The following options are subject to performance conditions covering the three-year performance period commencing on 1 January 2026 and ending on 31 December 2028.

Dividend equivalents may be applied on any awards which vest. The awards are subject to a further two-year holding period post vesting.

Executive Director	Number of options	Exercise price
Andrew Belshaw	143,163	£0.0025 per share
Damien Maltarp	71,905	£0.0025 per share

Damien Maltarp was awarded the following options under the LTIP to compensate for awards forfeited on leaving his previous employer. These awards do not have performance conditions attached and are scheduled to vest in full on 31 March 2027 (34,926 options) and 31 March 2028 (27,221 options), subject, ordinarily, to ongoing employment.

Dividend equivalents may be applied on any awards which vest.

Executive Director	Number of options	Exercise price
Damien Maltarp	34,926	£0.0025 per share
Damien Maltarp	27,221	£0.0025 per share

The LTIP awards were made pursuant to the Gamma Long Term Incentive Plan approved by shareholders on 17 May 2023 and amended on 2 May 2025.

Deferred Bonus Plan

Executive Director	Number of options	Exercise price
Andrew Belshaw	19,383	£0.0025 per share

Dividend equivalents may be applied on any awards which vest.

The award was made pursuant to the Gamma Deferred Bonus Plan established on 23 May 2018 and amended on 2 May 2025.

Enquiries:
Gamma Communications plc Andrew Belshaw, Chief Executive Officer Damien Maltarp, Chief Financial Officer Rachael Matzopoulos, Company Secretary	Tel: [phone] [e-mail]
Teneo (PR Adviser) James Macey White	Tel: [phone]

About Gamma

Gamma is a leading European provider of business-critical communications technology. Our extensive channel partner network connects major technology vendors with hundreds of thousands of SMEs, and we deal directly with large corporates and the public sector. Gamma combines its proprietary solutions with leading third-party cloud platforms, its own telecoms network and a high quality of service, to help customers communicate and collaborate more effectively.

Our broad and expanding portfolio - including cloud communications software (telephony, messaging, video, AI-driven customer experience), calling and network connectivity (including security) - enables customers of any size to deploy end-to-end communications and IT solutions via a single provider.

In mainland Europe, Gamma has its largest presence in Germany, delivering services to SMEs through both partners and its own self-service digital platform, and is recognised as one of the country's leading cloud communications providers.

Gamma Business serves UK SMEs via an extensive network of over 1,500 channel partners and its Service Provider business provides international calling capabilities for global communications platform and service providers.

For larger corporate and public sector organisations, Gamma Enterprise engages directly to design and support complex, integrated communications solutions.

With over 2,000 employees, Gamma is a FTSE 250 company listed on the London Stock Exchange (ticker: GAMA). More information can be found at: gammagroup.co

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	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 under the Gamma Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 143,163
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	7 September 2026
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Damien Maltarp
2	Reason for the notification
a)	Position/status	Chief Financial 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 the Gamma Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 71,905 Nil 34,926 Nil 27,221
d)	Aggregated information - Aggregated volume - Price	Nil, 134,052
e)	Date of the transaction	7 September 2026
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	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 under the Gamma Deferred Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 19,383
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	7 September 2026
f)	Place of the transaction	Outside a trading venue

 

END