Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 0702W
Gamma Communications PLC
20 April 2021
 

20 April 2021

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:

60,715 shares in the Company on 15 April 2021 at an aggregated price of 1796.0436p per share; and

6,285 shares in the Company on 16 April 2021 at a price of 1795p per share.

He has a resultant holding of 150,000 shares, representing 0.2% of the Company's issued share capital.

 

In addition, six separate trusts which are deemed 'persons closely associated' to Andrew Stone, a Non-Executive Director of the Company, pursuant to the UK Market Abuse Regulation made combined sales as follows:

107,044 ordinary shares in the Company at 1795p per share on 15 April 2021, and

 

19,956 ordinary shares in the Company at 1795p per share on 16 April 2021.

 

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 UK Market Abuse Regulation, provides further detail.

 

Gamma Communications plc

Andrew Taylor, Chief Executive Officer

Andrew Belshaw, Chief Financial Officer

Malcolm Goddard, Company Secretary

Tel: +44 (0)333 006 5972

 

Investec Bank plc (NOMAD & Broker)

Patrick Robb / Sebastian Lawrence / Virginia Bull

 

Tel: +44 (0)20 7597 5970



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

Andrew Stone

2

Reason for the notification

a)

Position/status

Non-executive Director

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

Sale of shares

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

A

1795p

33,715

B

1797.3467p

27,000

 

 

 

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

1796.043579p

60,715

e)

Date of the transaction

     15 April 2021

f)

Place of the transaction

London Stock Exchange, (XLON)

 

 

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 /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

Sale of shares

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

 

1795p

6,285

 

 

 

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

      16 April 2021

 

f)

Place of the transaction

London Stock Exchange, (XLON)

 

 

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 /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

Sale of shares.

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

A

1795p

16,857

B

1795p

  3,143

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

   A    15 April 2021

   B    16 April 2021

f)

Place of the transaction

London Stock Exchange, (XLON)

 

 

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 /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

Sale of shares

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

A

1795p

16,857

B

1795p

  3,143

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

   A    15 April 2021

   B    16 April 2021

f)

Place of the transaction

London Stock Exchange, (XLON)

 

 

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 /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

Sale of shares

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

A

1795p

16,857

B

1795p

  3,143

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

   A    15 April 2021

   B    16 April 2021

f)

Place of the transaction

London Stock Exchange, (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

The AJ Stone & Family Charitable Trust

2

Reason for the notification

a)

Position/status

PCA of Andrew Stone

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

Sale of shares

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

A

1795p

16,857

B

1795p

  3,143

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

   A    15 April 2021

   B    16 April 2021

f)

Place of the transaction

London Stock Exchange, (XLON)

 

 

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 /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

Sale of shares.

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

A

1795p

16,858

B

1795p

  3,142

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

   A    15 April 2021

   B    16 April 2021

f)

Place of the transaction

London Stock Exchange, (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

The MJC Stone Charitable Trust

2

Reason for the notification

a)

Position/status

PCA of Andrew Stone

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

Sale of shares.

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

A

1795p

22,758

B

1795p

  4,242

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

e)

Date of the transaction

   A    15 April 2021

   B    16 April 2021

f)

Place of the transaction

London Stock Exchange, (XLON)

 

 

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