Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

15 May 2026

 

FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
(OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1.				KEY INFORMATION
(a)	Name of exempt principal trader:				BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose				GAMMA COMMUNICATIONS PLC
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				GAMMA COMMUNICATIONS PLC
	principal trader is connected
(d)	Date position held/dealing undertaken:				14 May 2026
(e)	In addition to the company in 1(b) above, is the exempt principal				NO
	trader making disclosures in respect of any other party to the offer?
2.				POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing (if any)
Class of relevant security:				0.25p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			1,152,699	1.27%	895,288	0.99%
(2)	Cash-settled derivatives:
	and/or controlled:			856,749	0.95%	1,149,869	1.27%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			2,009,448	2.22%	2,045,157	2.26%
(b)	Rights to subscribe for new securities (including directors and other executive
	options)
Class of relevant security in relation to
which subscription right exists
Details, including nature of the rights
concerned and relevant percentages:
3.				DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Total number of		Highest price per unit	Lowest price per unit
security				securities		paid/received	paid/received
0.25p ordinary		Purchase		194,032		9.3440  GBP	9.1675  GBP
0.25p ordinary		Sale		136,215		9.3450  GBP	9.1375  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
0.25p ordinary		SWAP		Decreasing Short		1	9.1400  GBP
0.25p ordinary		SWAP		Decreasing Short		4,204	9.1690  GBP
0.25p ordinary		SWAP		Decreasing Short		6	9.1800  GBP
0.25p ordinary		SWAP		Decreasing Short		159	9.1832  GBP
0.25p ordinary		SWAP		Decreasing Short		889	9.1927  GBP
0.25p ordinary		SWAP		Decreasing Short		2,152	9.1952  GBP
0.25p ordinary		SWAP		Decreasing Short		2,569	9.2042  GBP
0.25p ordinary		SWAP		Decreasing Short		1,612	9.2099  GBP
0.25p ordinary		SWAP		Decreasing Short		287	9.2187  GBP
0.25p ordinary		SWAP		Decreasing Short		387	9.2250  GBP
0.25p ordinary		SWAP		Decreasing Short		3,678	9.2258  GBP
0.25p ordinary		SWAP		Decreasing Short		251	9.2283  GBP
0.25p ordinary		SWAP		Decreasing Short		173	9.2356  GBP
0.25p ordinary		SWAP		Decreasing Short		551	9.2480  GBP
0.25p ordinary		SWAP		Decreasing Short		721	9.2534  GBP
0.25p ordinary		SWAP		Decreasing Short		61	9.2611  GBP
0.25p ordinary		SWAP		Decreasing Short		9,791	9.2741  GBP
0.25p ordinary		SWAP		Decreasing Short		469	9.2750  GBP
0.25p ordinary		SWAP		Decreasing Short		1	9.2900  GBP
0.25p ordinary		SWAP		Decreasing Short		1,060	9.2978  GBP
0.25p ordinary		SWAP		Decreasing Short		1,499	9.2994  GBP
0.25p ordinary		SWAP		Decreasing Short		897	9.3046  GBP
0.25p ordinary		SWAP		Decreasing Short		2,658	9.3064  GBP
0.25p ordinary		SWAP		Decreasing Short		8,377	9.3077  GBP
0.25p ordinary		SWAP		Decreasing Short		6,174	9.3131  GBP
0.25p ordinary		SWAP		Decreasing Short		1,329	9.3190  GBP
0.25p ordinary		SWAP		Decreasing Short		61	9.3250  GBP
0.25p ordinary		SWAP		Decreasing Short		673	9.3274  GBP
0.25p ordinary		SWAP		Decreasing Short		170	9.3289  GBP
0.25p ordinary		SWAP		Decreasing Short		775	9.3295  GBP
0.25p ordinary		SWAP		Decreasing Short		21,725	9.3300  GBP
0.25p ordinary		SWAP		Increasing Short		2,813	9.1016  GBP
0.25p ordinary		SWAP		Increasing Short		1	9.1700  GBP
0.25p ordinary		SWAP		Increasing Short		1	9.1900  GBP
0.25p ordinary		SWAP		Increasing Short		178	9.1950  GBP
0.25p ordinary		SWAP		Increasing Short		14,100	9.2096  GBP
0.25p ordinary		SWAP		Increasing Short		255	9.2126  GBP
0.25p ordinary		SWAP		Increasing Short		905	9.2228  GBP
0.25p ordinary		SWAP		Increasing Short		2,467	9.2244  GBP
0.25p ordinary		SWAP		Increasing Short		213	9.2300  GBP
0.25p ordinary		SWAP		Increasing Short		952	9.2329  GBP
0.25p ordinary		SWAP		Increasing Short		13,200	9.2472  GBP
0.25p ordinary		SWAP		Increasing Short		1,994	9.2531  GBP
0.25p ordinary		SWAP		Increasing Short		80,170	9.2565  GBP
0.25p ordinary		SWAP		Increasing Short		17	9.2600  GBP
0.25p ordinary		SWAP		Increasing Short		2,813	9.2606  GBP
0.25p ordinary		SWAP		Increasing Short		1,723	9.3140  GBP
0.25p ordinary		SWAP		Increasing Short		2,746	9.3216  GBP
0.25p ordinary		SWAP		Increasing Short		2,503	9.3222  GBP
0.25p ordinary		SWAP		Increasing Short		1,514	9.3290  GBP
0.25p ordinary		SWAP		Increasing Short		1,518	9.3300  GBP
0.25p ordinary		SWAP		Increasing Short		1,544	9.3304  GBP
0.25p ordinary		SWAP		Increasing Short		10	9.3306  GBP
0.25p ordinary		SWAP		Increasing Short		2,812	9.3444  GBP
0.25p ordinary		CFD		Decreasing Short		68	9.2130  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)
4.				OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding,
formal or informal, relating to relevant securities which may be an inducement to deal
or refrain from dealing entered into by the exempt principal trader making the disclosure and any party
to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between
the exempt principal trader making the disclosure and any other person relating to:
(i)   the voting rights of any relevant securities under any option; or
(ii)   the voting rights of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				15 May 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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