Gama Aviation PLC Grant of Share Options (7318G)
August 10 2016 - 1:00AM
UK Regulatory
TIDMGMAA
RNS Number : 7318G
Gama Aviation PLC
10 August 2016
Grant of Share Options
Gama Aviation Plc (AIM: GMAA), one of the world's largest
business aviation service providers, announces that options over a
total of 1,500,000 Ordinary Shares of 1 pence each ("Shares") were
granted, at GBP1.55, on 9 August 2016.
The grant comprises an option over 200,000 Shares each to Kevin
Godley, Chief Financial Officer and Stephen Wright, Executive
Director, and options over 1,100,000 Shares, in aggregate, to other
employees. Following this grant Kevin Godley's and Stephen Wright's
interests in Shares are as follows:
Director Current Options Total Options Interest
Options Granted in
existing
issued
Shares
-------------- ---------- --------- -------------- ----------
Kevin Godley - 200,000 200,000 20,000
-------------- ---------- --------- -------------- ----------
Stephen
Wright - 200,000 200,000 263,188
-------------- ---------- --------- -------------- ----------
The options granted vest in three years dependent on continuing
employment.
Following these grants the Company has a total of 1,500,000
Shares under option representing approximately 3.4% of the issued
ordinary share capital of the Company.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail.
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 Kevin Godley
--- ------------------ ---------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Chief Financial Officer, Gama Aviation
Plc
--- ------------------ ---------------------------------------
b) Initial Initial Notification
Notification
Amendment
--- ------------------ ---------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------
a) Name Gama Aviation Plc
--- ------------------ ---------------------------------------
b) LEI
--- ------------------ ---------------------------------------
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 Option over Ordinary Shares
of the financial
instrument, ISIN - GB00B3ZP1526
type of
instrument
Identification
code
--- ------------------ ---------------------------------------
b) Nature of
the transaction Grant of Option
--- ------------------ ---------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ========== ==========
GBP1.55 200,000
========== ==========
--- ------------------ ---------------------------------------
d) Aggregated
information
- Aggregated 200,000
volume GBP1.55
- Price
--- ------------------ ---------------------------------------
e) Date of 9 August 2016
the transaction
--- ------------------ ---------------------------------------
f) Place of London Stock Exchange, AIM
the transaction
--- ------------------ ---------------------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
--- ------------------------------------------------------
a) Name Stephen Wright
--- ------------------ ----------------------------------
2 Reason for the notification
--- ------------------------------------------------------
a) Position/status Executive Director, Gama Aviation
Plc
--- ------------------ ----------------------------------
b) Initial Initial Notification
Notification
Amendment
--- ------------------ ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ------------------------------------------------------
a) Name Gama Aviation Plc
--- ------------------ ----------------------------------
b) LEI
--- ------------------ ----------------------------------
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 Option over Ordinary Shares
of the financial
instrument, ISIN - GB00B3ZP1526
type of
instrument
Identification
code
--- ------------------ ----------------------------------
b) Nature of
the transaction Grant of Option
--- ------------------ ----------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ========== ==========
GBP1.55 200,000
========== ==========
--- ------------------ ----------------------------------
d) Aggregated
information
- Aggregated 200,000
volume GBP1.55
- Price
--- ------------------ ----------------------------------
e) Date of 9 August 2016
the transaction
--- ------------------ ----------------------------------
f) Place of London Stock Exchange, AIM
the transaction
--- ------------------ ----------------------------------
Gama Aviation Plc
Marwan Khalek, Chief Executive +44 1252 553043
Citigate Dewe Rogerson +44 207 638 9571
Chris Jarvis, Associate Director
Phil Anderson, Executive Director
Jefferies International +44 207 029 8000
(Nominated Advisor & Broker)
Simon Hardy
Harry Nicholas
This information is provided by RNS
The company news service from the London Stock Exchange
END
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