REG - Gama Aviation PLC - Allotment of Shares, Director & PDMR Dealings
21/05/2024 16:00
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RNS Number : 3404P Gama Aviation PLC 21 May 2024
Gama Aviation Plc (AIM: GMAA)
Allotment of shares Director & PDMR Dealings and Total Voting Rights
Gama Aviation Plc ("Gama Aviation" or the "Company") announces that it has
allotted 786,394 new ordinary shares of 1p each ("Ordinary Shares") pursuant
to the Company's share option schemes. Of which in aggregate, 277,894
Ordinary Shares were issued to Stephen Wright and certain other persons
carrying out managerial responsibilities ("PDMR") details of which are set out
below:
Director/ PDMR Position Number of Ordinary Shares issued pursuant to the exercise of options
Stephen Wright Director 78,947
Mine Taylor PDMR 78,947
Timothy Ford PDMR 25,000
Mark Smith PDMR 35,000
Duncan Daines PDMR 47,500
Julia Mahmood PDMR 12,500
Application has been made to the London Stock Exchange for the admission
("Admission") of the 786,394 new Ordinary Shares to trading on AIM, which is
expected to take place at 8.00am on 22 May 2024.
Following Admission Stephen Wright will be beneficially interested in 342,135
Ordinary Shares, representing 0.53% of the issued share capital of the Company
on Admission.
In addition, Peter Brown (Chairman), Stephen Wright (Director), and Stephen
Mount (NED) have accepted the Company's cash settlement proposal in respect of
their 30,000; 308,553 and 40,000 share options respectively pursuant to the
Company's ASOP scheme. No Ordinary Shares will be issued pursuant to these
share options, which will be settled in cash.
All new Ordinary Shares referred to in this announcement will rank pari
passu with the existing Ordinary Shares of the Company.
Total Voting Rights
Following Admission of the Ordinary Shares referred to in this announcement,
the Company's issued share capital will consist of 64,827,673 Ordinary Shares
in aggregate, with no shares held in Treasury. Accordingly, the figure of
64,827,673 may be used by shareholders as the denominator for the calculations
by which they will determine if they are required to notify their interest in,
or a change to their interest in the Company under the FCA's Disclosure
Guidance and Transparency Rules.
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 (including Flight Operations, FBO,
CAM software and a range of aviation software solutions, Flight Planning, CAM
& ARC services).
More details can be found at: www.gamaaviation.com
(http://www.gamaaviation.com/)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Stephen Wright
2 Reason for the notification
a) Position/status Chief Compliance Officer
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 213800PPPRG2WINUMO24
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
Ordinary shares of a penny each
Identification code
GB00B3ZP1526
b) Nature of the transaction Exercise of options under the Company's share option scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
68.8p 78,947
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 22 May 2024
f) Place of the transaction AIM
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
22 May 2024
f)
Place of the transaction
AIM
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mine Taylor
2 Reason for the notification
a) Position/status PDMR
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 213800PPPRG2WINUMO24
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
Ordinary shares of a penny each
Identification code
GB00B3ZP1526
b) Nature of the transaction Exercise of options under the Company's share option scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
68.8p 78,947
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 22 May 2024
f) Place of the transaction AIM
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
22 May 2024
f)
Place of the transaction
AIM
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Tim Ford
2 Reason for the notification
a) Position/status PDMR
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 213800PPPRG2WINUMO24
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
Ordinary shares of a penny each
Identification code
GB00B3ZP1526
b) Nature of the transaction Exercise of options under the Company's share option scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
68.8p 25,000
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 22 May 2024
f) Place of the transaction AIM
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
22 May 2024
f)
Place of the transaction
AIM
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mark Smith
2 Reason for the notification
a) Position/status PDMR
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 213800PPPRG2WINUMO24
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
Ordinary shares of a penny each
Identification code
GB00B3ZP1526
b) Nature of the transaction Exercise of options under the Company's share option scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
39p 20,000
68.8p 15,000
d) Aggregated information
- Aggregated volume 35,000
- Price £18,120
e) Date of the transaction 22 May 2024
f) Place of the transaction AIM
d)
Aggregated information
- Aggregated volume
- Price
35,000
£18,120
e)
Date of the transaction
22 May 2024
f)
Place of the transaction
AIM
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Duncan Daines
2 Reason for the notification
a) Position/status PDMR
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 213800PPPRG2WINUMO24
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
Ordinary shares of a penny each
Identification code
GB00B3ZP1526
b) Nature of the transaction Exercise of options under the Company's share option scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
68.8p 47,500
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 22 May 2024
f) Place of the transaction AIM
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
22 May 2024
f)
Place of the transaction
AIM
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Julia Mahmood
2 Reason for the notification
a) Position/status PDMR
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 213800PPPRG2WINUMO24
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
Ordinary shares of a penny each
Identification code
GB00B3ZP1526
b) Nature of the transaction Exercise of options under the Company's share option scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
39p 5,000
68.8p 7,500
d) Aggregated information
- Aggregated volume 12,500
- Price £7,110
e) Date of the transaction 22 May 2024
f) Place of the transaction AIM
d)
Aggregated information
- Aggregated volume
- Price
12,500
£7,110
e)
Date of the transaction
22 May 2024
f)
Place of the transaction
AIM
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