TIDMGAMA

RNS Number : 0293J

Gamma Communications PLC

17 December 2020

17 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 80,000 shares in the Company on 16 December 2020 at an aggregate price of 1523.9215p.

Also he gifted 9,000 shares in the Company into the MJC Stone Charitable Trust (of which he is a trustee but not a beneficiary) on 11 December 2020.

He has a resultant holding of 442,751 shares, representing 0.5% 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    1500.35p    30,000 
                                 B    1520.161p   20,000 
                                 C    1550p       30,000 
     -----------------------  --------------------------------------- 
 d)   Aggregated                 Price(s)     Volume(s) 
       information                1523.9215p   80,000 
       - Aggregated                           ---------- 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the                  16 December 2020 
       transaction 
     -----------------------  --------------------------------------- 
 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 MJC STONE CHARITABLE 
       transaction              TRUST of which Andrew Stone is a 
                                trustee 
     -----------------------  --------------------------------------- 
 c)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                   nil         9,000 
     -----------------------  --------------------------------------- 
 d)   Aggregated                 Price(s)   Volume(s) 
       information                n/a        n/a 
       - Aggregated                         ---------- 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the                  11 December 2020 
       transaction 
     -----------------------  --------------------------------------- 
 f)   Place of the             Outside a trading venue 
       transaction 
     -----------------------  --------------------------------------- 
 

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END

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(END) Dow Jones Newswires

December 17, 2020 06:59 ET (11:59 GMT)

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