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GAMMA COMMUNICATIONS PLC

Director's Dealing Apr 9, 2021

7659_dirs_2021-04-09_82fa09fa-0c84-4988-ad3f-b35590c18bed.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 0497V

Gamma Communications PLC

09 April 2021

9 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:

75,000 shares in the Company on 7 April 2021 at an aggregate price of 1759.808p per share;

50,000 shares in the Company on 8 April 2021 at a price of 1770p per share; and

73,000 shares in the Company on 9 April 2021 at a price of 1780.41p per share.

He has a resultant holding of 217,000 shares, representing 0.2% of the Company's issued share capital.

In addition Henrietta Marsh, a Non-Executive Director of the Company, bought 1,015 shares in the Company on 7 April 2021 at 1768p per share.

She has a resultant holding of 2,015 shares, representing less than 0.1% of the Company's issued share capital.

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

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 1759.01p 25,000
B 1760.207p 50,000

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
1759.808p 75,000

e)

Date of the transaction

7 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)
A 1770p 50,000
B 1780.41p 73,000

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
n/a n/a

e)

Date of the transaction

A      8 April 2021

B      9 April 2021

f)

Place of the transaction

London Stock Exchange, (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Henrietta Marsh

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

Purchase of shares

c)

Price(s) and volume(s)

Price(s) Volume(s)
1768p 1,015

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
n/a n/a

e)

Date of the transaction

7 April 2021

f)

Place of the transaction

London Stock Exchange, (XLON)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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