TIDMGAMA

RNS Number : 7749E

Gamma Communications PLC

03 July 2023

3 July 2023

Gamma Communications plc

(the "Company")

Exercise of Sharesave options

The Company announces that on 3 July 2023 share options were exercised over ordinary shares of 0.25 pence each in the Company to persons discharging managerial responsibility ("PDMR") and persons closely associated ("PCA") pursuant to the Gamma Savings Related Share Option Scheme 2016 (the "Scheme"). The exercise price was 800p.

The Scheme was offered to all those who were UK employees on 31 January 2020. It enables the employee to save for three years, then to use the proceeds to exercise share options, such exercise needing to take place within a six-month window.

 
 PDMRs               Role                             Number of options exercised 
                                                       and retained 
 David Macfarlane    Managing Director - UK Direct    45 
                    -------------------------------  ---------------------------- 
 
 
 PCA                 Role                       Number of options exercised 
                                                 and retained 
 Sarah Macfarlane    PCA of David Macfarlane    45 
                    -------------------------  ---------------------------- 
 
 
 Enquiries: 
    Gamma Communications plc                   Tel: +44 ( 0)333 006 5972 
     Andrew Belshaw, Chief Executive Officer 
     Bill Castell, Chief Financial Officer 
     Rachael Matzopoulos, Company Secretary 
    Investec Bank plc (NOMAD & Broker)         Tel: +44 (0)207 597 5970 
     Patrick Robb / Virginia Bull 
 Teneo (PR Adviser)                            Tel: +44 (0)207 353 4200 
  James Macey White / Rebecca Hamer 
 

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                   David Macfarlane 
     ---------------------  ------------------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position/status        Managing Director - UK Direct 
     ---------------------  ------------------------------------------------------ 
 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 Gamma Communications 
       of the financial       plc 
       instrument, 
       type of instrument 
                              Identification code (ISIN) for Gamma Communications 
       Identification         plc ordinary shares: GB00BQS10J50 
       code 
     ---------------------  ------------------------------------------------------ 
 b)   Nature of the          Exercise of options over Ordinary Shares of 
       transaction            0.25p each pursuant to the Gamma Savings Related 
                              Share Option Scheme 2016 
     ---------------------  ------------------------------------------------------ 
 c)   Price(s) and             Price(s)   Volume(s) 
       volume(s)                          ---------- 
                                800p       45 
                               ---------  ---------- 
     ---------------------  ------------------------------------------------------ 
 d)   Aggregated             N/A 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ------------------------------------------------------ 
 e)   Date of the            3 July 2023 
       transaction 
     ---------------------  ------------------------------------------------------ 
 f)   Place of the           Outside a trading venue 
       transaction 
     ---------------------  ------------------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   Sarah Macfarlane 
     ---------------------  ------------------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position/status        PCA of David Macfarlane 
     ---------------------  ------------------------------------------------------ 
 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 Gamma Communications 
       of the financial       plc 
       instrument, 
       type of instrument 
                              Identification code (ISIN) for Gamma Communications 
       Identification         plc ordinary shares: GB00BQS10J50 
       code 
     ---------------------  ------------------------------------------------------ 
 b)   Nature of the          Exercise of options over Ordinary Shares of 
       transaction            0.25p each pursuant to the Gamma Savings Related 
                              Share Option Scheme 2016 
     ---------------------  ------------------------------------------------------ 
 c)   Price(s) and             Price(s)   Volume(s) 
       volume(s)                          ---------- 
                                800p       45 
                               ---------  ---------- 
     ---------------------  ------------------------------------------------------ 
 d)   Aggregated             N/A 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ------------------------------------------------------ 
 e)   Date of the            3 July 2023 
       transaction 
     ---------------------  ------------------------------------------------------ 
 f)   Place of the           Outside a trading venue 
       transaction 
     ---------------------  ------------------------------------------------------ 
 

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END

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July 03, 2023 07:11 ET (11:11 GMT)

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