Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

01 July 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:				30 Jun 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:			836,247	0.93%	1,090,563	1.21%
(2)	Cash-settled derivatives:
	and/or controlled:			1,060,899	1.18%	828,895	0.92%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,897,146	2.11%	1,919,458	2.14%
(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		354,656		8.5430  GBP	8.3700  GBP
0.25p ordinary		Sale		85,160		8.4883  GBP	8.3854  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		Increasing Long		1,805	8.4061  GBP
0.25p ordinary		SWAP		Decreasing Short		1,574	8.4045  GBP
0.25p ordinary		SWAP		Decreasing Long		75	8.4050  GBP
0.25p ordinary		SWAP		Increasing Long		545	8.4050  GBP
0.25p ordinary		SWAP		Decreasing Long		1,996	8.4241  GBP
0.25p ordinary		SWAP		Decreasing Long		345	8.4130  GBP
0.25p ordinary		SWAP		Decreasing Long		65	8.4394  GBP
0.25p ordinary		SWAP		Decreasing Long		187	8.4443  GBP
0.25p ordinary		SWAP		Increasing Long		801	8.4436  GBP
0.25p ordinary		SWAP		Increasing Long		317	8.4462  GBP
0.25p ordinary		SWAP		Decreasing Long		2,857	8.4210  GBP
0.25p ordinary		SWAP		Increasing Short		103	8.4050  GBP
0.25p ordinary		SWAP		Increasing Short		11,793	8.4050  GBP
0.25p ordinary		SWAP		Increasing Long		7,222	8.4050  GBP
0.25p ordinary		SWAP		Opening Long		297	8.4051  GBP
0.25p ordinary		SWAP		Decreasing Long		6	8.4073  GBP
0.25p ordinary		SWAP		Decreasing Long		15	8.4073  GBP
0.25p ordinary		SWAP		Decreasing Long		3,060	8.4125  GBP
0.25p ordinary		SWAP		Decreasing Long		469	8.4081  GBP
0.25p ordinary		SWAP		Decreasing Long		12,765	8.4238  GBP
0.25p ordinary		SWAP		Decreasing Long		50	8.4073  GBP
0.25p ordinary		SWAP		Decreasing Long		543	8.4073  GBP
0.25p ordinary		SWAP		Opening Short		301	8.4081  GBP
0.25p ordinary		SWAP		Decreasing Long		4,402	8.4193  GBP
0.25p ordinary		SWAP		Increasing Long		900	8.4403  GBP
0.25p ordinary		SWAP		Increasing Long		3,818	8.4126  GBP
0.25p ordinary		SWAP		Decreasing Long		8,337	8.4050  GBP
0.25p ordinary		SWAP		Decreasing Long		980	8.4050  GBP
0.25p ordinary		SWAP		Decreasing Long		414	8.4221  GBP
0.25p ordinary		SWAP		Increasing Long		11,838	8.4045  GBP
0.25p ordinary		SWAP		Decreasing Long		3,933	8.4025  GBP
0.25p ordinary		SWAP		Decreasing Long		12	8.4050  GBP
0.25p ordinary		SWAP		Increasing Short		18,749	8.3866  GBP
0.25p ordinary		SWAP		Increasing Short		95	8.4050  GBP
0.25p ordinary		SWAP		Decreasing Long		3,821	8.4188  GBP
0.25p ordinary		SWAP		Decreasing Long		1,420	8.4188  GBP
0.25p ordinary		CFD		Opening Short		3,564	8.4058  GBP
0.25p ordinary		CFD		Increasing Long		33	8.3700  GBP
0.25p ordinary		CFD		Closing Long		1,186	8.4785  GBP
0.25p ordinary		SWAP		Increasing Short		568	8.4159  GBP
0.25p ordinary		SWAP		Decreasing Long		4,193	8.4180  GBP
0.25p ordinary		SWAP		Increasing Long		2,000	8.3853  GBP
0.25p ordinary		SWAP		Decreasing Short		910	8.4045  GBP
0.25p ordinary		SWAP		Increasing Long		75	8.4423  GBP
0.25p ordinary		SWAP		Decreasing Long		114	8.4050  GBP
0.25p ordinary		SWAP		Decreasing Long		13,936	8.3985  GBP
0.25p ordinary		SWAP		Decreasing Long		671	8.4131  GBP
0.25p ordinary		SWAP		Decreasing Long		1,744	8.4294  GBP
0.25p ordinary		SWAP		Decreasing Short		435	8.4097  GBP
0.25p ordinary		SWAP		Decreasing Long		74,358	8.4050  GBP
0.25p ordinary		SWAP		Increasing Long		1	8.4400  GBP
0.25p ordinary		SWAP		Decreasing Long		2,224	8.4057  GBP
0.25p ordinary		SWAP		Closing Long		42,172	8.4050  GBP
0.25p ordinary		SWAP		Increasing Long		9,260	8.4450  GBP
0.25p ordinary		SWAP		Increasing Short		4,687	8.5044  GBP
0.25p ordinary		SWAP		Increasing Short		12,886	8.4050  GBP
0.25p ordinary		SWAP		Increasing Long		2,362	8.3946  GBP
0.25p ordinary		SWAP		Decreasing Short		44	8.4550  GBP
0.25p ordinary		SWAP		Increasing Long		7,752	8.4101  GBP
0.25p ordinary		SWAP		Increasing Long		139	8.4330  GBP
0.25p ordinary		SWAP		Increasing Long		3,618	8.4045  GBP
0.25p ordinary		SWAP		Increasing Short		9,374	8.5435  GBP
0.25p ordinary		SWAP		Increasing Short		1,356	8.4045  GBP
0.25p ordinary		SWAP		Increasing Long		180	8.4399  GBP
0.25p ordinary		SWAP		Decreasing Short		1	8.4500  GBP
0.25p ordinary		SWAP		Increasing Long		1,900	8.4516  GBP
0.25p ordinary		SWAP		Decreasing Long		35	8.4050  GBP
0.25p ordinary		SWAP		Closing Long		74,689	8.4050  GBP
0.25p ordinary		SWAP		Increasing Short		852	8.4366  GBP
0.25p ordinary		SWAP		Decreasing Short		281	8.4340  GBP
0.25p ordinary		SWAP		Decreasing Long		1,141	8.4167  GBP
0.25p ordinary		SWAP		Increasing Short		2,514	8.4212  GBP
0.25p ordinary		SWAP		Closing Short		2,380	8.4001  GBP
0.25p ordinary		SWAP		Decreasing Long		993	8.4207  GBP
0.25p ordinary		SWAP		Increasing Long		3,607	8.4372  GBP
0.25p ordinary		SWAP		Decreasing Long		4,767	8.4178  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:				01 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END