TIDMGAMA

RNS Number : 1933H

Gamma Communications PLC

01 December 2020

1 December 2020

Gamma Communications plc

Director / PDMR Shareholding

Gamma Communications plc ("Gamma" or the "Company") has been informed that Andrew Stone, a Non-Executive Director of the Company, sold 28,850 shares in the Company as follows:

2,500 shares at 1620.34p on 27 November 2020, and

26,350 shares at 1620.419p on 30 November 2020.

Also he gifted 40,000 shares in the Company into the AJ Stone & Family Charitable Trust (of which he is a trustee but not a beneficiary) on 11 November 2020.

He has a resultant holding of 531,751 shares, representing 0.6% of the Company's issued share capital.

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 
 

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                     Andrew Stone 
     -----------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status          Non-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                     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    1620.34p    2,500 
                                 B    1620.419p   26,350 
     -----------------------  --------------------------------------- 
 d)   Aggregated                 Price(s)   Volume(s) 
       information                n/a        n/a 
       - Aggregated                         ---------- 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the              A 27 November 2020 
       transaction              B 30 November 2020 
     -----------------------  --------------------------------------- 
 f)   Place of the             London Stock Exchange, (XLON) 
       transaction 
     -----------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   Andrew Stone 
     ---------------------  ------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------- 
 a)   Position/status        Non-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                   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          Gift to the A J STONE & FAMILY CHARITABLE 
       transaction            TRUST of which Andrew Stone is a 
                              trustee 
     ---------------------  ------------------------------------------ 
 c)   Price(s) and              Price(s)    Volume(s) 
       volume(s)                 nil         40,000 
     ---------------------  ------------------------------------------ 
 d)   Aggregated               Price(s)   Volume(s) 
       information              n/a        n/a 
       - Aggregated                       ---------- 
       volume 
       - Price 
     ---------------------  ------------------------------------------ 
 e)   Date of the                11 November 2020 
       transaction 
     ---------------------  ------------------------------------------ 
 f)   Place of the           Outside a trading venue 
       transaction 
     ---------------------  ------------------------------------------ 
 

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END

DSHBIBDDSGGDGGB

(END) Dow Jones Newswires

December 01, 2020 13:08 ET (18:08 GMT)

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