- Director Andrew Stone is a trustee of four trusts that have sold Gamma shares
- Mr Stone sold 100,000 shares in the company earlier this month, raising £1.7m
Four trusts that count Gamma Communications (GAMA) non-executive director Andrew Stone as a trustee have each disposed of around £438,000 in shares. The disposals follow sales made by Mr Stone earlier in October, which earned him around £1.7m. Mr Stone is not a beneficiary of any of the four trusts, and as such his own stake in the company is unaffected by their disposals. The director has a 4.3 per cent stake in Gamma.
The director’s own share sales follow disposals made earlier this year, when Mr Stone banked another £1.76m in March and April. The company chose not to comment on his latest share dealings or those made by the trusts.