9 May 2022
Gamma Communications plc
Director/PDMR Shareholding
Grants of share options
The Company announces the following grant of share options over ordinary shares of 0.25 pence each in the Company to the following persons discharging management responsibility and persons closely associated pursuant to the Gamma Savings Related Share Option 2022 Scheme established on 3 Dec 2021.
| PDMRs | | No of Options | Exercise price |
| | | | |
| Andrew Belshaw
| | 1,730 | 1040p |
| David Macfarlane
| | 1,696 | 1040p |
| Malcolm Goddard | | 1,730 | 1040p |
| | | | |
| | | | |
| PCA
| | | |
| Sarah Macfarlane (PCA of David Macfarlane)
| | 1,696 | 1040p |
The above options were granted on 6 May 2022 and the scheme was offered to all those who were employees on 31 January 2022. It enables the employee to save for three years and then to use the proceeds to exercise share options, such exercise needing to take place within a six-month window.
In addition the Company announces that on 6 May 2022 it granted the following nil cost share options over ordinary shares of 0.25 pence each in the Company pursuant to the Gamma Long-Term Incentive Plan established on 2 September 2014:
| PDMR | | No of Options | Exercise price | |
| | | | | |
| Bill Castell | | 42,763 | nil | |
| | | | | |
The above options are subject to certain performance conditions having been met during the three year period up until April 2025 and are subject to a further two year holding period post vesting before they may be exercised.
Gamma Communications plc Tel: +44 (0) 333 006 5972
Andrew Taylor, CEO
Andrew Belshaw, Deputy CEO
Bill Castell, Chief Financial Officer
Malcolm Goddard, Company Secretary
Investec Bank plc (NOMAD & Broker) Tel: +44 (0) 207 597 5970
Patrick Robb / Sebastian Lawrence / Virginia Bull
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 Belshaw | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Deputy Chief Executive Officer | ||||||
| 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 | Award of options over Ordinary Shares of 0.25p each pursuant to SAYE 2022 all-employee share scheme | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||||
| e) | Date of the transaction | 6 May 2022 | ||||||
| f) | Place of the transaction | Outside a Trading Venue | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | David Macfarlane | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Managing Director - Direct Business | ||||||
| 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 | Award of options over Ordinary Shares of 0.25p each pursuant to SAYE 2022 all-employee share scheme | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||||
| e) | Date of the transaction | 6 May 2022 | ||||||
| f) | Place of the transaction | Outside a Trading Venue | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Malcolm Goddard | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Company Secretary | ||||||
| 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 | Award of options over Ordinary Shares of 0.25p each pursuant to SAYE 2022 all-employee share scheme | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||||
| e) | Date of the transaction | 6 May 2022 | ||||||
| f) | Place of the transaction | Outside a Trading Venue | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Sarah Macfarlane | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | PCA of David Macfarlane | ||||||
| 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 | Award of options over Ordinary Shares of 0.25p each pursuant to SAYE 2022 all-employee share scheme | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||||
| e) | Date of the transaction | 6 May 2022 | ||||||
| f) | Place of the transaction | Outside a Trading Venue | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Bill Castell | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | CFO | ||||||
| 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 | Award of options over Ordinary Shares of 0.25p each under the schemes shown below | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price | As above | ||||||
| e) | Date of the transaction | 6 May 2022 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
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