TIDMGMAA

RNS Number : 5036M

Gama Aviation PLC

21 January 2021

21 January 2021

Gama Aviation Plc (AIM: GMAA)

Director/PDMR Transactions

On 19 January 2021, Daniel Ruback, an Executive Director of the Company, was issued a total of 25,000 ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") at nil cost, in accordance with the terms of his Service Agreement. The Company will shortly be making an application to the London Stock Exchange for the admission of these shares to trading on AIM.

Following the issue of shares, Daniel Ruback and persons closely associated with him will be interested in 25,000 Ordinary Shares, representing approximately 0.04% of the issued share capital of the Company.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              Mr Daniel Ruback 
     --------------------------------  --------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                   Executive Director 
     --------------------------------  --------------------------------- 
 b)   Initial notification              Initial Notification 
       /Amendment 
     --------------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                              Gama Aviation Plc 
     --------------------------------  --------------------------------- 
 b)   LEI                               213800PPPRG2WINUMO24 
     --------------------------------  --------------------------------- 
 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                Ordinary shares of 1p each 
       financial instrument, 
       type of instrument 
                                         ISIN - GB00B3ZP1526 
       Identification code 
     --------------------------------  --------------------------------- 
 b)   Nature of the transaction         Issue of Ordinary Shares 
     --------------------------------  --------------------------------- 
 c)   Price(s) and volume(s)              Price(s)    Volume(s) 
                                           Nil         25,000 
                                                      ---------- 
     --------------------------------  --------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume                25,000 
 
 
       - Price                            Nil 
     --------------------------------  --------------------------------- 
 e)   Date of the transaction           19 January 2021 
     --------------------------------  --------------------------------- 
 f)   Place of the transaction          London Stock Exchange, AIM 
     --------------------------------  --------------------------------- 
 

For more information contact:

Gama Aviation Plc +44 (0) 1252 553000

Marwan Khalek, Chief Executive Officer

Camarco +44 (0) 20 3757 4992

Ginny Pulbrook

Geoffrey Pelham-Lane

Jefferies International +44 (0) 207 029 8000

Simon Hardy

Will Soutar

Gama Aviation - Notes to Editors

Founded in 1983 on the simple purpose of providing aviation services that equip its customers with decisive advantage, Gama Aviation Plc (LSE AIM: GMAA) is a highly valued global partner to blue chip corporations, government agencies, healthcare trusts and private individuals.

The Group has three global divisions: Business Aviation (Aircraft Management, Charter, FBO & Maintenance), Special Mission (Air Ambulance & Rescue, National Security & Policing, Infrastructure & Survey, Energy & Offshore); and Technology & Outsourcing (Flight Operations, FBO, CAM software, Flight Planning, CAM & ARC services)

More details can be found at: https://www.gamaaviation.com

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END

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(END) Dow Jones Newswires

January 21, 2021 08:42 ET (13:42 GMT)

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