20 May 2016
Gamma Communications plc
Grant of options
Gamma Communications plc ("the Company") announces the following grant of nil cost share options over ordinary shares of 0.25 pence each in the Company to the following Executive Directors of the Company pursuant to the Gamma Long-Term Incentive Plan established on 2 September 2014:
Director
No of Options
Exercise price
Robert Falconer
71,870
nil
Andrew Belshaw
44,002
Richard Bligh
47,932
The above options were granted on 17 May 2016 and the exercise of the above options is subject to certain performance conditions having been met during the three year period up until 31 March 2019.
The Company also announces the following grant of share options over ordinary shares of 0.25 pence each in the Company to the following Executive Director of the Company pursuant to the Gamma Savings Related Share Option Scheme 2016 established on 4 February 2016.
3,135
£3.444
The above options were granted on 19 May 2016 and the scheme was offered to all those who were employees on 1 February 2016. 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.
Enquiries:
Bob Falconer, Chief Executive Officer
Andrew Belshaw, Chief Financial Officer
Malcolm Goddard, Company Secretary
Tel: +44 (0)333 006 5972
Investec Bank plc (NOMAD & Broker)
Dominic Emery / Sebastian Lawrence
Patrick Robb / Matt Lewis
Tel: +44 (0)207 597 5970
Tulchan Communications LLP (PR Adviser)
James Macey White / Matt Low
Tel: +44 (0)207 353 4200