Gamma Communications PLC Exercise of Options (1402Z)
May 15 2019 - 6:52AM
UK Regulatory
TIDMGAMA
RNS Number : 1402Z
Gamma Communications PLC
15 May 2019
15 May 2019
Gamma Communications plc
Exercise of Options
The Company confirms that, following the receipt of notices of
exercise of options from employees and a Director, it has approved
the issue of 206,116 Ordinary Shares (the "New Ordinary
Shares").
Following the issue of the New Ordinary Shares, the number of
Ordinary Shares in issue will increase to 94,238,404. 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 94,238,404
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.
Pursuant to the above exercise of options, and in part to pay
the option holders' tax due on the exercise, the following option
holders sold Ordinary Shares on 13 May 2019 at 1065p in the
quantities shown below:
Directors
-- Andrew Belshaw (CFO) exercised options over 44,002 Ordinary
shares in the Company for nil consideration and sold 94,002
Ordinary Shares representing 0.1 per cent of the Company's issued
share capital. His aggregate resultant shareholding in the Company
is 179,505 Ordinary shares, representing 0.2 per cent of the issued
share capital of the Company.
Other persons discharging management responsibility
-- Andrew Morris exercised options over 38,171 Ordinary Shares
in the Company for nil consideration and sold 38,171 Ordinary
Shares
-- Malcolm Goddard exercised options over 34,035 Ordinary Shares
in the Company for nil consideration and sold 16,084 Ordinary
Shares
-- David Macfarlane exercised options over 35,956 Ordinary
Shares in the Company for nil consideration and sold 35,956
Ordinary Shares
-- Daryl Pile exercised options over 19,801 Ordinary Shares in
the Company for nil consideration and sold 19,801 Ordinary
Shares
Gamma Communications plc Tel: +44 (0)333 006 5972
Andrew Taylor, Chief Executive Officer
Andrew Belshaw, Chief Financial Officer
Malcolm Goddard, Company Secretary
Investec Bank plc (NOMAD & Broker) Tel: +44 (0)20 7597 5970
Patrick Robb / Andrew Pinder / Sebastian
Lawrence
Appendix
1. Details of PDMR / person closely associated with them
('PCA')
=== ===================================================================
a) Name Andrew Belshaw
=== ======================= ==========================================
b) Position / status CFO
=== ======================= ==========================================
c) Initial notification Initial Notification
/ amendment
=== ======================= ==========================================
2. 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 Gamma Communications plc Ordinary Shares
the financial of 0.25p each
instrument
=== ======================= ==========================================
b) Nature of the Sale Of Ordinary Shares of 0.25p each
transaction
=== ======================= ==========================================
c) Price(s) and
volume(s)
Price(s) Volume(s)
========= ==========
1065p 94,002
========= ==========
======================== ===============================
d) Aggregated information
Aggregated volume
Price
=== ======================== ===============================
e) Date of the transaction 13-05-2019
=== ======================== ===============================
f) Place of the London Stock Exchange - (XLON)
transaction
======================== ===============================
1. Details of PDMR / person closely associated with them
('PCA')
=== ===================================================================
a) Name Andrew Morris
=== ======================= ==========================================
b) Position / status Chief Strategy & Operating Officer
=== ======================= ==========================================
c) Initial notification Initial Notification
/ amendment
=== ======================= ==========================================
2. 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 Gamma Communications plc Ordinary Shares
the financial of 0.25p each
instrument
=== ======================= ==========================================
b) Nature of the Sale Of Ordinary Shares of 0.25p each
transaction
=== ======================= ==========================================
c) Price(s) and
volume(s)
Price(s) Volume(s)
========= ==========
1065p 38,171
========= ==========
======================== ===============================
d) Aggregated information
Aggregated volume
Price
=== ======================== ===============================
e) Date of the transaction 13-05-2019
=== ======================== ===============================
f) Place of the London Stock Exchange - (XLON)
transaction
======================== ===============================
1. Details of PDMR / person closely associated with them
('PCA')
=== ===================================================================
a) Name Malcolm Goddard
=== ====================== ===========================================
b) Position / status Company Secretary and Commercial Director
=== ====================== ===========================================
c) Initial notification Initial Notification
/ amendment
=== ====================== ===========================================
2. 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 Gamma Communications plc Ordinary Shares
the financial of 0.25p each
instrument
=== ====================== ===========================================
b) Nature of the Sale Of Ordinary Shares of 0.25p each
transaction
=== ====================== ===========================================
c) Price(s) and
volume(s)
Price(s) Volume(s)
========= ==========
1065p 16,084
========= ==========
======================== ===============================
d) Aggregated information
Aggregated volume
Price
=== ======================== ===============================
e) Date of the transaction 13-05-2019
=== ======================== ===============================
f) Place of the London Stock Exchange - (XLON)
transaction
======================== ===============================
1. Details of PDMR / person closely associated with them
('PCA')
=== ===================================================================
a) Name David Macfarlane
=== ======================= ==========================================
b) Position / status Managing Director: Solutions
=== ======================= ==========================================
c) Initial notification Initial Notification
/ amendment
=== ======================= ==========================================
2. 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 Gamma Communications plc Ordinary Shares
the financial of 0.25p each
instrument
=== ======================= ==========================================
b) Nature of the Sale of Ordinary Shares of 0.25p each
transaction
=== ======================= ==========================================
c) Price(s) and
volume(s)
Price(s) Volume(s)
========= ==========
1065p 35,956
========= ==========
======================== ===============================
d) Aggregated information
Aggregated volume
Price
=== ======================== ===============================
e) Date of the transaction 13-05-2019
=== ======================== ===============================
f) Place of the London Stock Exchange - (XLON)
transaction
======================== ===============================
1. Details of PDMR / person closely associated with them
('PCA')
=== ===================================================================
a) Name Daryl Pile
=== ======================= ==========================================
b) Position / status Managing Director - Channel
=== ======================= ==========================================
c) Initial notification Initial Notification
/ amendment
=== ======================= ==========================================
2. 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 Gamma Communications plc Ordinary Shares
the financial of 0.25p each
instrument
=== ======================= ==========================================
b) Nature of the Sale of Ordinary Shares of 0.25p each
transaction
=== ======================= ==========================================
c) Price(s) and
volume(s)
Price(s) Volume(s)
========= ==========
1065p 19,801
========= ==========
======================== ===============================
d) Aggregated information
Aggregated volume
Price
=== ======================== ===============================
e) Date of the transaction 13-05-2019
=== ======================== ===============================
f) Place of the London Stock Exchange - (XLON)
transaction
======================== ===============================
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END
DSHAAMBTMBIBBPL
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