Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

21 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:				20 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:			1,331,728	1.47%	980,315	1.08%
(2)	Cash-settled derivatives:
	and/or controlled:			947,772	1.05%	1,330,577	1.47%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			2,279,500	2.52%	2,310,892	2.55%
(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		185,126		9.7900  GBP	9.5925  GBP
0.25p ordinary		Sale		95,871		9.7150  GBP	9.5950  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		2,500	9.6190  GBP
0.25p ordinary		SWAP		Decreasing Short		5,726	9.6446  GBP
0.25p ordinary		SWAP		Decreasing Short		2,394	9.6473  GBP
0.25p ordinary		SWAP		Decreasing Short		167	9.6475  GBP
0.25p ordinary		SWAP		Decreasing Short		570	9.6563  GBP
0.25p ordinary		SWAP		Decreasing Short		1	9.6623  GBP
0.25p ordinary		SWAP		Decreasing Short		1,216	9.6793  GBP
0.25p ordinary		SWAP		Decreasing Short		3,063	9.6794  GBP
0.25p ordinary		SWAP		Decreasing Short		2,461	9.6799  GBP
0.25p ordinary		SWAP		Decreasing Short		6	9.7000  GBP
0.25p ordinary		SWAP		Decreasing Short		177	9.7092  GBP
0.25p ordinary		SWAP		Decreasing Short		5,421	9.7150  GBP
0.25p ordinary		SWAP		Increasing Short		1	9.6000  GBP
0.25p ordinary		SWAP		Increasing Short		3,272	9.6015  GBP
0.25p ordinary		SWAP		Increasing Short		2,000	9.6209  GBP
0.25p ordinary		SWAP		Increasing Short		173	9.6250  GBP
0.25p ordinary		SWAP		Increasing Short		824	9.6322  GBP
0.25p ordinary		SWAP		Increasing Short		2,546	9.6362  GBP
0.25p ordinary		SWAP		Increasing Short		385	9.6365  GBP
0.25p ordinary		SWAP		Increasing Short		1,467	9.6419  GBP
0.25p ordinary		SWAP		Increasing Short		2,387	9.6453  GBP
0.25p ordinary		SWAP		Increasing Short		223	9.6589  GBP
0.25p ordinary		SWAP		Increasing Short		1	9.6626  GBP
0.25p ordinary		SWAP		Increasing Short		1,843	9.6693  GBP
0.25p ordinary		SWAP		Increasing Short		3,337	9.6755  GBP
0.25p ordinary		SWAP		Increasing Short		1,636	9.6806  GBP
0.25p ordinary		SWAP		Increasing Short		11,213	9.6813  GBP
0.25p ordinary		SWAP		Increasing Short		1	9.6850  GBP
0.25p ordinary		SWAP		Increasing Short		1,915	9.6894  GBP
0.25p ordinary		SWAP		Increasing Short		412	9.6895  GBP
0.25p ordinary		SWAP		Increasing Short		6,535	9.6898  GBP
0.25p ordinary		SWAP		Increasing Short		15,728	9.6904  GBP
0.25p ordinary		SWAP		Increasing Short		6,618	9.6948  GBP
0.25p ordinary		SWAP		Increasing Short		14	9.6950  GBP
0.25p ordinary		SWAP		Increasing Short		710	9.7024  GBP
0.25p ordinary		SWAP		Increasing Short		13,100	9.7066  GBP
0.25p ordinary		SWAP		Increasing Short		22,763	9.7150  GBP
0.25p ordinary		SWAP		Increasing Short		2,499	9.7154  GBP
0.25p ordinary		SWAP		Increasing Short		3,952	9.7201  GBP
0.25p ordinary		SWAP		Increasing Short		3,089	9.7223  GBP
0.25p ordinary		SWAP		Increasing Short		3,116	9.7248  GBP
0.25p ordinary		SWAP		Increasing Short		133	9.7286  GBP
0.25p ordinary		SWAP		Increasing Short		1	9.7850  GBP
0.25p ordinary		SWAP		Increasing Short		2,813	10.1222  GBP
0.25p ordinary		CFD		Decreasing Short		51	9.6768  GBP
0.25p ordinary		CFD		Increasing Short		122	9.6580  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:				21 May 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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