Gamma Communications (GAMA)

Sector:

Telecom Operators

Index:

FTSE AIM 50

1,572.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 1,720.00
  • 52 Week Low: 1,036.00
  • Currency: UK Pounds
  • Shares Issued: 95.76m
  • Volume: 103,561
  • Market Cap: £1,505.39m
  • Beta: 0.31

Gamma ropes in Softcat's Hellawell as its next chair

By Josh White

Date: Thursday 25 May 2023

LONDON (ShareCast) - (Sharecast News) - Gamma Communications announced the appointment of Martin Hellawell as chair and non-executive director of the board on Thursday, effective from 1 July.
The AIM-traded firm said Hellawell would be taking over from Richard Last, who would step down from the board after serving as chair for nine years.

It said the move aligned with its previous announcements over succession planning for Last

Gamma said Martin Hellawell would bring a wealth of experience from his successful career in the IT industry.

Currently serving as the non-executive chair of Softcat, Hellawell would step down from that position on 31 July, as previously announced by Softcat.

In addition to his role at Softcat, he also serves as non-executive chair of Raspberry Pi, and the AIM-listed musicMagpie.

Additionally, he holds a position as a non-executive director of the AIM-traded Team17.

Prior to his current roles, Hellawell served as the chief executive officer of Softcat from 2006 to 2018.

During his tenure, Softcat achieved significant growth, and successfully floated in London in 2015.

Before joining Softcat, Hellawell spent more than a decade at Computacenter and its associated companies.

His responsibilities included overseeing the marketing function, managing Computacenter's France subsidiary, and leading acquisitions in the UK, Belgium, and Germany.

"The board is delighted to have attracted a candidate with the qualities and experience of Martin," said senior independent director Henrietta Marsh.

"His commercial track record and industry background means he will provide outstanding direction and support for the board and management team as Gamma focuses on its next stage of growth.

"We are all looking forward to working with him."

At 1501 BST, shares in Gamma Communications were up 0.66% at 1,171.73p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

GAMA Market Data

Currency UK Pounds
Share Price 1,572.00p
Change Today 2.00p
% Change 0.13 %
52 Week High 1,720.00
52 Week Low 1,036.00
Volume 103,561
Shares Issued 95.76m
Market Cap £1,505.39m
Beta 0.31

GAMA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.74% below the market average94.74% below the market average94.74% below the market average94.74% below the market average94.74% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
80.96% above the market average80.96% above the market average80.96% above the market average80.96% above the market average80.96% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Income
90.8% below the market average90.8% below the market average90.8% below the market average90.8% below the market average90.8% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
42.25% below the market average42.25% below the market average42.25% below the market average42.25% below the market average42.25% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

What The Brokers Say

Strong Buy 5
Buy 3
Neutral 1
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

GAMA Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Sep-24 30-May-24
Paid 17-Oct-24 20-Jun-24
Amount 6.50p 11.40p

Trades for 21-Nov-2024

Time Volume / Share Price
16:35 252 @ 1,572.00p
16:35 33 @ 1,572.00p
16:35 8 @ 1,572.00p
16:35 17 @ 1,572.00p
16:35 18 @ 1,572.00p

GAMA Key Personnel

CEO Andrew Belshaw
CFO William Castell

Top of Page