Gamma Communications PLC Exercise of Options (7486K)
September 23 2016 - 12:11PM
UK Regulatory
TIDMGAMA
RNS Number : 7486K
Gamma Communications PLC
23 September 2016
23 Sept 2016
Gamma Communications plc
("Gamma Communications plc" or the "Company")
Exercise of Options and Director's and PDMR's Shareholdings
The Company has been informed that Andrew Stone, a Non-Executive
Director of the Company, sold 150,000 shares in the Company on 21
Sept 2016 at 515p per share. The sale represents 0.2% of the issued
share capital of the Company. He has a resultant holding of
1,550,000 shares representing 1.7% of the Company's issued share
capital.
The Company also confirms that, following the receipt of a
notice of exercise of options from Andrew Morris, a person regarded
by the Company as discharging management responsibility, it
yesterday issued 138,000 Ordinary Shares of 0.25p each ("New
Ordinary Shares"). Andrew Morris sold 188,000 shares in the Company
on 22 Sept 2016 at 515p per share.
The Company also confirms that, following the receipt of a
notice of exercise of options from an employee, it yesterday issued
50,000 New Ordinary Shares.
Application has been made for 188,000 New Ordinary Shares to be
admitted to trading on AIM and dealings are expected to commence on
29 September 2016.
Following the issue of the New Ordinary Shares, the number of
Ordinary Shares in issue will increase to 91,751,499. For the
purposes of the Financial Conduct Authority's Disclosure and
Transparency Rules ("DTRs"), the issued ordinary share capital of
the Company following this allotment consists of 91,751,499
Ordinary Shares with voting rights attached. There are no Shares
held in treasury. This total voting rights figure may be used by
shareholders as the denominator for the calculations by which they
will determine whether they are required to notify their interests
in, or a change to their interest in, Gamma Communications plc
under the DTRs.
Gamma Communications plc Tel: +44 (0)333
Bob Falconer, Chief Executive 006 5972
Officer
Andrew Belshaw, Chief Financial
Officer
Malcolm Goddard, Company
Secretary
Investec Bank plc (NOMAD Tel: +44 (0)20 7597
& Broker) 5970
Patrick Robb / Matt Lewis
Dominic Emery / Sebastian
Lawrence
Appendix
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------------------------
a) Name MR ANDREW JONATHAN STONE
--- ---------------------------------------------------- -----------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status NON-EXECUTIVE DIRECTOR
--- ---------------------------------------------------- -----------------------------------------------------------
b) Initial notification/Amendment INITIAL NOTIFICATION
--- ---------------------------------------------------- -----------------------------------------------------------
3 Details of the issuer
--- -----------------------------------------------------------------------------------------------------------------
Gamma Communications plc
--- ---------------------------------------------------- -----------------------------------------------------------
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 Gamma Communications plc Ordinary Shares of 0.25p each
instrument -------------------------------------------------------
ISIN: GB00BQS10J50
Identification code -------------------
--- ---------------------------------------------------- -----------------------------------------------------------
b) Nature of the transaction SALE OF ORDINARY SHARES OF
0.25p EACH
--- ---------------------------------------------------- -----------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
GBP5.15 150,000
---------- ----------
--- ---------------------------------------------------- -----------------------------------------------------------
d) Aggregated information - Aggregated volume
------------------
- Price
------
--- ---------------------------------------------------- -----------------------------------------------------------
e) Date of the transaction 21-09-2016
--- ---------------------------------------------------- -----------------------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ---------------------------------------------------- -----------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------------------------
a) Name Andrew John Morris
--- ---------------------------------------------------- -----------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status Managing Director Service and
Operations
--- ---------------------------------------------------- -----------------------------------------------------------
b) Initial notification/Amendment Initial
--- ---------------------------------------------------- -----------------------------------------------------------
3 Details of the issuer
--- -----------------------------------------------------------------------------------------------------------------
Gamma Communications plc
--- ---------------------------------------------------- -----------------------------------------------------------
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 Gamma Communications plc Ordinary Shares of 0.25p each
instrument -------------------------------------------------------
ISIN: GB00BQS10J50
Identification code -------------------
--- ---------------------------------------------------- -----------------------------------------------------------
b) Nature of the transaction Sale
--- ---------------------------------------------------- -----------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
GBP5.15 188,000
---------- ----------
N/A
--- ---------------------------------------------------- -----------------------------------------------------------
d) Aggregated information - Aggregated volume N/A
------------------
- Price
------
--- ---------------------------------------------------- -----------------------------------------------------------
e) Date of the transaction 22-09-2016
--- ---------------------------------------------------- -----------------------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ---------------------------------------------------- -----------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
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