Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

22 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:				21 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:			1,383,580	1.53%	970,183	1.07%
(2)	Cash-settled derivatives:
	and/or controlled:			938,384	1.04%	1,385,274	1.53%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			2,321,964	2.57%	2,355,457	2.60%
(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		172,868		9.9225  GBP	9.6800  GBP
0.25p ordinary		Sale		110,884		9.9000  GBP	9.5870  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		3	9.5100  GBP
0.25p ordinary		SWAP		Decreasing Short		241	9.6950  GBP
0.25p ordinary		SWAP		Decreasing Short		6	9.6966  GBP
0.25p ordinary		SWAP		Decreasing Short		2,627	9.7025  GBP
0.25p ordinary		SWAP		Decreasing Short		7	9.7200  GBP
0.25p ordinary		SWAP		Decreasing Short		1	9.7223  GBP
0.25p ordinary		SWAP		Decreasing Short		30	9.7300  GBP
0.25p ordinary		SWAP		Decreasing Short		1	9.7373  GBP
0.25p ordinary		SWAP		Decreasing Short		357	9.7380  GBP
0.25p ordinary		SWAP		Decreasing Short		3,783	9.7390  GBP
0.25p ordinary		SWAP		Decreasing Short		3,833	9.7395  GBP
0.25p ordinary		SWAP		Decreasing Short		600	9.7396  GBP
0.25p ordinary		SWAP		Decreasing Short		12,872	9.7400  GBP
0.25p ordinary		SWAP		Decreasing Short		2,288	9.7423  GBP
0.25p ordinary		SWAP		Decreasing Short		1,798	9.7506  GBP
0.25p ordinary		SWAP		Decreasing Short		846	9.7529  GBP
0.25p ordinary		SWAP		Decreasing Short		194	9.7550  GBP
0.25p ordinary		SWAP		Decreasing Short		717	9.7669  GBP
0.25p ordinary		SWAP		Decreasing Short		1	9.7700  GBP
0.25p ordinary		SWAP		Decreasing Short		2,000	9.7840  GBP
0.25p ordinary		SWAP		Decreasing Short		75	9.7902  GBP
0.25p ordinary		SWAP		Decreasing Short		1,047	9.8148  GBP
0.25p ordinary		SWAP		Decreasing Short		1,080	9.8173  GBP
0.25p ordinary		SWAP		Decreasing Short		2,162	9.8180  GBP
0.25p ordinary		SWAP		Decreasing Short		1,137	9.8256  GBP
0.25p ordinary		SWAP		Decreasing Short		268	9.8287  GBP
0.25p ordinary		SWAP		Decreasing Short		165	9.8525  GBP
0.25p ordinary		SWAP		Decreasing Short		8,313	9.8619  GBP
0.25p ordinary		SWAP		Decreasing Short		27	9.8738  GBP
0.25p ordinary		SWAP		Decreasing Short		294	9.8997  GBP
0.25p ordinary		SWAP		Decreasing Short		237	9.9000  GBP
0.25p ordinary		SWAP		Increasing Short		2,924	9.7003  GBP
0.25p ordinary		SWAP		Increasing Short		2,627	9.7025  GBP
0.25p ordinary		SWAP		Increasing Short		3,398	9.7078  GBP
0.25p ordinary		SWAP		Increasing Short		2,328	9.7152  GBP
0.25p ordinary		SWAP		Increasing Short		603	9.7220  GBP
0.25p ordinary		SWAP		Increasing Short		546	9.7221  GBP
0.25p ordinary		SWAP		Increasing Short		2,976	9.7222  GBP
0.25p ordinary		SWAP		Increasing Short		8,055	9.7285  GBP
0.25p ordinary		SWAP		Increasing Short		2	9.7301  GBP
0.25p ordinary		SWAP		Increasing Short		607	9.7350  GBP
0.25p ordinary		SWAP		Increasing Short		1,435	9.7360  GBP
0.25p ordinary		SWAP		Increasing Short		8,762	9.7364  GBP
0.25p ordinary		SWAP		Increasing Short		1,196	9.7370  GBP
0.25p ordinary		SWAP		Increasing Short		27,702	9.7400  GBP
0.25p ordinary		SWAP		Increasing Short		1,523	9.7404  GBP
0.25p ordinary		SWAP		Increasing Short		4,477	9.7408  GBP
0.25p ordinary		SWAP		Increasing Short		238	9.7500  GBP
0.25p ordinary		SWAP		Increasing Short		37,100	9.7660  GBP
0.25p ordinary		SWAP		Increasing Short		1,144	9.7875  GBP
0.25p ordinary		SWAP		Increasing Short		174	9.7949  GBP
0.25p ordinary		SWAP		Increasing Short		1	9.7950  GBP
0.25p ordinary		SWAP		Increasing Short		1,166	9.7991  GBP
0.25p ordinary		SWAP		Increasing Short		843	9.8416  GBP
0.25p ordinary		SWAP		Increasing Short		765	9.8417  GBP
0.25p ordinary		SWAP		Increasing Short		388	9.8625  GBP
0.25p ordinary		CFD		Decreasing Short		1,330	9.7528  GBP
0.25p ordinary		CFD		Increasing Short		1,306	9.7132  GBP
0.25p ordinary		CFD		Increasing Short		139	9.8976  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:				22 May 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END