REG - Gama Aviation PLC - Director/PDMR Shareholding

Gama AviationAnnouncement

17/02/2021 17:50

RNS Number : 4923P
  
Gama Aviation PLC
  
17 February 2021
  
 

17 February 2021
 
Gama Aviation Plc (AIM: GMAA) 
 
Director/PDMR Transactions
 
On 17 February 2021, Gama Aviation Plc ("Gama Aviation" or the "Company") was informed that,  Daniel Ruback, a director and Chief Financial Officer of the Company, has in order to effect a "Bed and ISA" transaction, sold 25,000 ordinary shares of £0.01 each ("Ordinary Shares") at a price of 35.00 pence per Ordinary Share and then repurchased into his Individual Savings Account (ISA), the same number of 25,000 Ordinary Shares at a price of 35.20 pence per Ordinary Share.
Following the completion of these transactions his ultimate beneficial ownership is unchanged and remains at 25,000 Ordinary Shares in total, representing approximately 0.04% of the Company's total voting rights.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the transactions.
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name
 


Daniel Ruback




2


Reason for the notification






a)




Position/status
 


Director, a PDMR of the issuer




b)


Initial notification/Amendment
 


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Gama Aviation Plc




b)


LEI


213800PPPRG2WINUM024




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 1 penny each
 
ISIN - GB00B3ZP1526




b)


Nature of the transaction
 


On market sale of Ordinary Shares and immediate repurchase by way of Bed and ISA arrangement




c)


Price(s) and volume(s)
  





Price(s)


Volume(s)




Sale: 35.00p


25,000




Purchase: 35.20p


25,000








d)


Aggregated information
 





Price(s)


Volume(s)




Sale: as above
Purchase: as above


25,000
25,000








e)


Date of the transaction
 


17 February 2021




f)


Place of the transaction 
 


London Stock Exchange, AIM



 
For more information contact:
Gama Aviation Plc                                                   +44 (0) 1252 553029
Mine Taylor, Company Secretary
 
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: http://www.gamaaviation.com/
 
 

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