Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

02 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:				01 Jul 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:			859,317	0.96%	1,009,175	1.12%
(2)	Cash-settled derivatives:
	and/or controlled:			972,405	1.08%	848,867	0.94%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,831,722	2.04%	1,858,042	2.07%
(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		195,020		8.6200  GBP	8.3937  GBP
0.25p ordinary		Sale		90,562		8.6173  GBP	8.3625  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 Long		46	8.5750  GBP
0.25p ordinary		SWAP		Increasing Short		1,340	8.5754  GBP
0.25p ordinary		SWAP		Decreasing Long		582	8.5949  GBP
0.25p ordinary		SWAP		Decreasing Long		5,809	8.5750  GBP
0.25p ordinary		SWAP		Decreasing Long		195	8.4893  GBP
0.25p ordinary		SWAP		Decreasing Long		33	8.5606  GBP
0.25p ordinary		SWAP		Increasing Long		1,073	8.5264  GBP
0.25p ordinary		SWAP		Decreasing Long		384	8.4888  GBP
0.25p ordinary		SWAP		Decreasing Short		4,435	8.5750  GBP
0.25p ordinary		SWAP		Decreasing Long		11,045	8.5750  GBP
0.25p ordinary		SWAP		Increasing Long		77	8.5392  GBP
0.25p ordinary		SWAP		Decreasing Long		14	8.5769  GBP
0.25p ordinary		SWAP		Decreasing Long		38	8.5769  GBP
0.25p ordinary		SWAP		Decreasing Long		3,695	8.5769  GBP
0.25p ordinary		SWAP		Decreasing Long		7,906	8.5693  GBP
0.25p ordinary		SWAP		Decreasing Long		126	8.5769  GBP
0.25p ordinary		SWAP		Decreasing Long		1,376	8.5769  GBP
0.25p ordinary		SWAP		Increasing Short		482	8.5287  GBP
0.25p ordinary		SWAP		Decreasing Long		868	8.5563  GBP
0.25p ordinary		SWAP		Decreasing Long		6,430	8.5038  GBP
0.25p ordinary		SWAP		Increasing Long		2,483	8.5617  GBP
0.25p ordinary		SWAP		Decreasing Long		450	8.5633  GBP
0.25p ordinary		SWAP		Increasing Long		459	8.4804  GBP
0.25p ordinary		SWAP		Decreasing Long		20	8.5750  GBP
0.25p ordinary		SWAP		Decreasing Long		42	8.5750  GBP
0.25p ordinary		SWAP		Increasing Short		28,125	8.4100  GBP
0.25p ordinary		SWAP		Increasing Short		1,823	8.5750  GBP
0.25p ordinary		SWAP		Decreasing Long		2,391	8.5341  GBP
0.25p ordinary		SWAP		Decreasing Long		889	8.5341  GBP
0.25p ordinary		CFD		Closing Short		3,564	8.4609  GBP
0.25p ordinary		SWAP		Increasing Short		938	8.5113  GBP
0.25p ordinary		SWAP		Increasing Short		119	8.5006  GBP
0.25p ordinary		SWAP		Decreasing Short		698	8.5392  GBP
0.25p ordinary		SWAP		Opening Long		3,288	8.5744  GBP
0.25p ordinary		SWAP		Decreasing Short		618	8.4683  GBP
0.25p ordinary		SWAP		Closing Long		12	8.5308  GBP
0.25p ordinary		SWAP		Closing Long		4,184	8.5311  GBP
0.25p ordinary		SWAP		Increasing Long		2,000	8.5357  GBP
0.25p ordinary		SWAP		Increasing Long		259	8.5750  GBP
0.25p ordinary		SWAP		Decreasing Short		1,932	8.5745  GBP
0.25p ordinary		SWAP		Increasing Long		89	8.4632  GBP
0.25p ordinary		SWAP		Increasing Long		633	8.4430  GBP
0.25p ordinary		SWAP		Decreasing Long		22	8.5100  GBP
0.25p ordinary		SWAP		Increasing Long		393	8.5031  GBP
0.25p ordinary		SWAP		Increasing Long		276	8.5800  GBP
0.25p ordinary		SWAP		Decreasing Long		23,177	8.5737  GBP
0.25p ordinary		SWAP		Increasing Long		3,402	8.5590  GBP
0.25p ordinary		SWAP		Increasing Long		146	8.4895  GBP
0.25p ordinary		SWAP		Increasing Long		73	8.4978  GBP
0.25p ordinary		SWAP		Increasing Short		175	8.5750  GBP
0.25p ordinary		SWAP		Increasing Long		60	8.4894  GBP
0.25p ordinary		SWAP		Decreasing Short		3,260	8.5744  GBP
0.25p ordinary		SWAP		Decreasing Long		21,508	8.5493  GBP
0.25p ordinary		SWAP		Increasing Long		100	8.5023  GBP
0.25p ordinary		SWAP		Increasing Long		154	8.4566  GBP
0.25p ordinary		SWAP		Decreasing Short		256	8.4475  GBP
0.25p ordinary		SWAP		Increasing Long		204	8.6076  GBP
0.25p ordinary		SWAP		Closing Short		725	8.5744  GBP
0.25p ordinary		SWAP		Decreasing Long		3,211	8.5208  GBP
0.25p ordinary		SWAP		Decreasing Long		41	8.5100  GBP
0.25p ordinary		SWAP		Decreasing Long		385	8.5243  GBP
0.25p ordinary		SWAP		Decreasing Short		622	8.4992  GBP
0.25p ordinary		SWAP		Increasing Long		119	8.4946  GBP
0.25p ordinary		SWAP		Opening Short		1,074	8.5750  GBP
0.25p ordinary		SWAP		Decreasing Long		63	8.5750  GBP
0.25p ordinary		SWAP		Decreasing Short		1,523	8.4792  GBP
0.25p ordinary		SWAP		Increasing Long		342	8.4943  GBP
0.25p ordinary		SWAP		Increasing Short		2,806	8.5750  GBP
0.25p ordinary		SWAP		Increasing Long		1,253	8.4662  GBP
0.25p ordinary		SWAP		Decreasing Long		1,207	8.5750  GBP
0.25p ordinary		SWAP		Increasing Short		723	8.5750  GBP
0.25p ordinary		SWAP		Increasing Long		2,138	8.5036  GBP
0.25p ordinary		SWAP		Closing Long		2,806	8.5750  GBP
0.25p ordinary		SWAP		Decreasing Long		8,560	8.4996  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:				02 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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