RNS Number : 7046N
Gamma Communications PLC
09 May 2024
 

9 May 2024

Gamma Communications plc

Grant of Sharesave options

Gamma Communications plc ("the Company") announces that on 8 May 2024 it granted the following share options over ordinary shares of 0.25 pence each in the Company to persons discharging managerial responsibility ("PDMR") pursuant to the Gamma Savings Related Share Option Scheme ("Scheme"). The options were granted with an exercise price of £10.80 per share and will mature on 1 July 2027 in accordance with the rules of the Scheme. The Scheme was offered to all those who were UK employees on 9 April 2024. 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 granted

Colin Lees

Chief Technology Officer

1,717

Chris Wade

Chief Marketing and Product Officer

687

 

 

Enquiries:   

 

Gamma Communications plc

Andrew Belshaw, Chief Executive Officer

Bill Castell, Chief Financial Officer

Rachael Matzopoulos, Company Secretary

 

Tel: +44 (0)333 006 5972

Investec Bank plc (NOMAD & Broker)

Patrick Robb / Virginia Bull

 

Tel: +44 (0)207 597 5970

Teneo (PR Adviser)

James Macey White / Matt Low / Rebecca Hamer

 

Tel: +44 (0)207 353 4200

 

 



 

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

Colin Lees

2

Reason for the notification

a)

Position/status

Chief Technology Officer

b)

 

Initial notification /Amendment

Initial notification

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 of the financial instrument, type of instrument

 

Identification code

Ordinary Shares of 0.25p each in Gamma Communications plc

 

 

Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50

b)

Nature of the transaction

Award of options over Ordinary Shares of 0.25p each pursuant to the Gamma Savings Related Share Option Scheme 2016

c)

Price(s) and volume(s)

 Price(s)

Volume(s)


1080p

  1,717


d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

8 May 2024

f)

Place of the transaction

Outside a trading venue

 

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Chris Wade

2

Reason for the notification

a)

Position/status

Chief Marketing and Product Officer

b)

 

Initial notification /Amendment

Initial notification

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 of the financial instrument, type of instrument

 

Identification code

Ordinary Shares of 0.25p each in Gamma Communications plc

 

 

Identification code (ISIN) for Gamma Communications plc ordinary shares: GB00BQS10J50

b)

Nature of the transaction

Award of options over Ordinary Shares of 0.25p each pursuant to the Gamma Savings Related Share Option Scheme 2016

c)

Price(s) and volume(s)

 Price(s)

Volume(s)


1080p

  687


d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

8 May 2024

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

 

 

 

 

 

 

 

 

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