REG - Gamma Communications - Director/PDMR Shareholding
RNS Number : 0702WGamma Communications PLC20 April 202120 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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