TIDMGAMA

RNS Number : 9753C

Gamma Communications PLC

22 October 2020

22 October 2020

Gamma Communications plc

Director / PDMR Shareholding

Gamma Communications plc ("Gamma" or the "Company") has been informed that four separate discretionary trusts which are deemed 'persons closely associated' to Andrew Stone, a Non-Executive Director of the Company, pursuant to the Market Abuse Regulation each sold:

10,000 ordinary shares in the Company at 1755.0993p per share on 19 October 2020, and

15,000 ordinary shares in the Company at 1750p per share on 22 October 2020.

Andrew Stone is a trustee of each of these trusts but not a beneficiary.

The notification below, which has been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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

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                     The C F Stone Discretionary Trust 
                                2019 
     -----------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status          PCA of Andrew Stone 
     -----------------------  --------------------------------------- 
 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            Sale of shares. 
       transaction 
     -----------------------  --------------------------------------- 
 c)   Price(s) and                   Price(s)     Volume(s) 
       volume(s)                 A    1755.0993p   10,000 
                                 B    1750p        15,000 
                                     -----------  ---------- 
     -----------------------  --------------------------------------- 
 d)   Aggregated                 Price(s)   Volume(s) 
       information                n/a        n/a 
       - Aggregated                         ---------- 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the                A 19 October 2020 
       transaction                B 22 October 2020 
     -----------------------  --------------------------------------- 
 f)   Place of the             London Stock Exchange, (XLON) 
       transaction 
     -----------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                     The D C Stone Discretionary Trust 
                                2019 
     -----------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status          PCA of Andrew Stone 
     -----------------------  --------------------------------------- 
 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            Sale of shares 
       transaction 
     -----------------------  --------------------------------------- 
 c)   Price(s) and                   Price(s)     Volume(s) 
       volume(s)                 A    1755.0993p   10,000 
                                 B    1750p        15,000 
                                     -----------  ---------- 
     -----------------------  --------------------------------------- 
 d)   Aggregated                 Price(s)   Volume(s) 
       information                n/a        n/a 
       - Aggregated                         ---------- 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the                A 19 October 2020 
       transaction                B 22 October 2020 
     -----------------------  --------------------------------------- 
 f)   Place of the             London Stock Exchange, (XLON) 
       transaction 
     -----------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                     The H B Stone Discretionary Trust 
                                2019 
     -----------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status          PCA of Andrew Stone 
     -----------------------  --------------------------------------- 
 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            Sale of shares. 
       transaction 
     -----------------------  --------------------------------------- 
 c)   Price(s) and                   Price(s)     Volume(s) 
       volume(s)                 A    1755.0993p   10,000 
                                 B    1750p        15,000 
                                     -----------  ---------- 
     -----------------------  --------------------------------------- 
 d)   Aggregated                 Price(s)   Volume(s) 
       information                n/a        n/a 
       - Aggregated                         ---------- 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the                A 19 October 2020 
       transaction                B 22 October 2020 
     -----------------------  --------------------------------------- 
 f)   Place of the             London Stock Exchange, (XLON) 
       transaction 
     -----------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                     The F H A Stone Discretionary Trust 
                                2019 
     -----------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status          PCA of Andrew Stone 
     -----------------------  --------------------------------------- 
 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            Sale of shares 
       transaction 
     -----------------------  --------------------------------------- 
 c)   Price(s) and                   Price(s)     Volume(s) 
       volume(s)                 A    1755.0993p   10,000 
                                 B    1750p        15,000 
                                     -----------  ---------- 
     -----------------------  --------------------------------------- 
 d)   Aggregated                 Price(s)   Volume(s) 
       information                n/a        n/a 
       - Aggregated                         ---------- 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the                A 19 October 2020 
       transaction                B 22 October 2020 
     -----------------------  --------------------------------------- 
 f)   Place of the             London Stock Exchange, (XLON) 
       transaction 
     -----------------------  --------------------------------------- 
 

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October 22, 2020 12:43 ET (16:43 GMT)

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