TIDMGAMA

RNS Number : 1266N

Gamma Communications PLC

27 September 2021

27 September 2021

Gamma Communications plc

("Gamma" or the "Company")

Director/PDMR Shareholding

Exercise of share options

The Company announces that Daryl Pile (Managing Director - Channel), a person discharging management responsibility, exercised share options over 3,242 ordinary shares of 0.25 pence on 27 September 2021 pursuant to the Gamma Savings Related Share Option 2018 Scheme established on 15 December 2017. The exercise price was 555.2p.

The scheme was offered to all those who were employees on 31 January 2018. 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, Daryl Pile sold 3,242 shares of 0.25 pence on 27 September 2021 at a price of 1818p per share.

 
 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) 
   Patrick Robb / Virginia Bull / Sebastian         Tel: +44 (0)20 7597 5970 
   Lawrence

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                   Daryl Pile 
     ---------------------  --------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status        Managing Director - Channel 
     ---------------------  --------------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
     ---------------------  --------------------------------------------- 
 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            Ordinary Shares of 0.25p each in 
       of the financial       Gamma Communications plc 
       instrument,            Identification code (ISIN) for Gamma 
       type of instrument     Communications plc ordinary shares: 
       Identification         GB00BQS10J50 
       code 
     ---------------------  --------------------------------------------- 
 b)   Nature of the          Exercise of options over Ordinary 
       transaction            Shares of 0.25p each pursuant to 
                              SAYE 2018 all-employee share scheme 
     ---------------------  --------------------------------------------- 
 c)   Price(s) and             Price(s)   Volume(s) 
       volume(s)                          ---------- 
                                555.2p     3,242      Exercise of options 
                                1818p      3,242      Sale of shares 
                               ---------  ---------- 
     ---------------------  --------------------------------------------- 
 d)   Aggregated             As above 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  --------------------------------------------- 
 e)   Date of the            27 September 2021 
       transaction 
     ---------------------  --------------------------------------------- 
 f)   Place of the           XLON 
       transaction 
     ---------------------  ---------------------------------------------

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END

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September 27, 2021 12:27 ET (16:27 GMT)

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