10 May 2023
Gamma Communications plc
Grant of Sharesave options
Gamma Communications plc ("the Company") announces that on 9 May 2023 it granted the following share options over ordinary shares of 0.25 pence each in the Company to persons discharging managerial responsibility ("PDMR") and persons closely associated ("PCA") pursuant to the Gamma Savings Related Share Option Scheme ("Scheme"). The options were granted with an exercise price of £8.50 per share and will mature on 1 July 2026 in accordance with the rules of the Scheme. The Scheme was offered to all those who were UK employees on 1 March 2023. It enables the employee to save for three years, then to use the proceeds to exercise share options, such exercise needing to take place within a six-month window.
| PDMRs | Role | Number of options granted |
| Bill Castell | Chief Financial Officer | 2,117 |
| Chris Bradford | Chief People Officer | 2,117 |
| David Macfarlane | Managing Director - UK Direct | 2,117 |
| Daryl Pile | Managing Director - Channel | 2,117 |
| Rachael Matzopoulos | Company Secretary | 2,117 |
| PCA | Role | Number of options granted |
| Sarah Macfarlane | PCA of David Macfarlane | 42 |
| Enquiries:
| |
| Gamma Communications plc Andrew Belshaw, Chief Executive Officer Bill Castell, Chief Financial Officer Rachael Matzopoulos, Company Secretary
| Tel: +44 (0)333 006 5972 |
| Investec Bank plc (NOMAD & Broker) Patrick Robb / Virginia Bull
| Tel: +44 (0)207 597 5970 |
| Teneo (PR Adviser) James Macey White / Rebecca Hamer
| Tel: +44 (0)207 353 4200 |
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 | Bill Castell | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Chief Financial 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 the Gamma Savings Related Share Option Scheme 2016 | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||
| e) | Date of the transaction | 9 May 2023 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Chris Bradford | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Chief People 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 the Gamma Savings Related Share Option Scheme 2016 | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||
| e) | Date of the transaction | 9 May 2023 | ||||||
| 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 - UK Direct | ||||||
| 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 the Gamma Savings Related Share Option Scheme 2016 | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||
| e) | Date of the transaction | 9 May 2023 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Daryl Pile | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Managing Director - Channel | ||||||
| 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 the Gamma Savings Related Share Option Scheme 2016 | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||
| e) | Date of the transaction | 9 May 2023 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Rachael Matzopoulos | ||||||
| 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 the Gamma Savings Related Share Option Scheme 2016 | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||
| e) | Date of the transaction | 9 May 2023 | ||||||
| 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 the Gamma Savings Related Share Option Scheme 2016 | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||
| e) | Date of the transaction | 9 May 2023 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
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