Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

09 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:				08 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:			877,390	0.98%	963,917	1.07%
(2)	Cash-settled derivatives:
	and/or controlled:			922,573	1.03%	874,410	0.97%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,799,963	2.01%	1,838,327	2.05%
(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		187,283		8.8758  GBP	8.0750  GBP
0.25p ordinary		Sale		369,632		8.9050  GBP	8.1225  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		831	8.8600  GBP
0.25p ordinary		SWAP		Decreasing Short		1,196	8.8595  GBP
0.25p ordinary		SWAP		Increasing Long		1,322	8.1698  GBP
0.25p ordinary		SWAP		Decreasing Long		2,724	8.2800  GBP
0.25p ordinary		SWAP		Increasing Short		39	8.5320  GBP
0.25p ordinary		SWAP		Increasing Short		145	8.3430  GBP
0.25p ordinary		SWAP		Increasing Short		402	8.3375  GBP
0.25p ordinary		SWAP		Increasing Long		13,935	8.3589  GBP
0.25p ordinary		SWAP		Increasing Long		404	8.1436  GBP
0.25p ordinary		SWAP		Decreasing Long		310	8.2656  GBP
0.25p ordinary		SWAP		Closing Short		13,125	8.8600  GBP
0.25p ordinary		SWAP		Opening Long		4,522	8.8600  GBP
0.25p ordinary		SWAP		Increasing Long		22,164	8.8600  GBP
0.25p ordinary		SWAP		Decreasing Long		128	8.3712  GBP
0.25p ordinary		SWAP		Decreasing Long		8,101	8.8683  GBP
0.25p ordinary		SWAP		Decreasing Long		1,733	8.8815  GBP
0.25p ordinary		SWAP		Closing Long		9,372	8.6390  GBP
0.25p ordinary		SWAP		Decreasing Long		3,231	8.2762  GBP
0.25p ordinary		SWAP		Decreasing Long		52	8.8600  GBP
0.25p ordinary		SWAP		Increasing Long		8,061	8.8570  GBP
0.25p ordinary		SWAP		Increasing Long		109	8.8600  GBP
0.25p ordinary		SWAP		Decreasing Long		2	8.1250  GBP
0.25p ordinary		SWAP		Decreasing Long		1	8.1250  GBP
0.25p ordinary		SWAP		Decreasing Short		6,750	8.4000  GBP
0.25p ordinary		SWAP		Decreasing Short		6,103	8.8600  GBP
0.25p ordinary		SWAP		Closing Long		82	8.8600  GBP
0.25p ordinary		SWAP		Opening Short		1	8.8600  GBP
0.25p ordinary		SWAP		Increasing Long		268	8.1564  GBP
0.25p ordinary		SWAP		Increasing Long		99	8.1564  GBP
0.25p ordinary		CFD		Closing Short		1,895	8.2791  GBP
0.25p ordinary		CFD		Decreasing Short		1,721	8.8602  GBP
0.25p ordinary		CFD		Decreasing Long		640	8.3044  GBP
0.25p ordinary		SWAP		Increasing Short		1,625	8.3942  GBP
0.25p ordinary		SWAP		Increasing Short		383	8.1306  GBP
0.25p ordinary		SWAP		Decreasing Short		10,000	8.8551  GBP
0.25p ordinary		SWAP		Increasing Short		146	8.1661  GBP
0.25p ordinary		SWAP		Decreasing Short		16,419	8.8407  GBP
0.25p ordinary		SWAP		Increasing Long		230	8.2908  GBP
0.25p ordinary		SWAP		Closing Long		1,128	8.4224  GBP
0.25p ordinary		SWAP		Decreasing Long		3,129	8.4224  GBP
0.25p ordinary		SWAP		Increasing Long		209	8.1358  GBP
0.25p ordinary		SWAP		Decreasing Long		471	8.8758  GBP
0.25p ordinary		SWAP		Increasing Short		643	8.8604  GBP
0.25p ordinary		SWAP		Decreasing Long		6,104	8.8106  GBP
0.25p ordinary		SWAP		Increasing Long		42,016	8.3976  GBP
0.25p ordinary		SWAP		Decreasing Long		4,151	8.8600  GBP
0.25p ordinary		SWAP		Decreasing Long		60	8.8600  GBP
0.25p ordinary		SWAP		Decreasing Long		3,296	8.5750  GBP
0.25p ordinary		SWAP		Decreasing Long		4,191	8.4167  GBP
0.25p ordinary		SWAP		Decreasing Long		1,898	8.7436  GBP
0.25p ordinary		SWAP		Increasing Long		48	8.8600  GBP
0.25p ordinary		SWAP		Decreasing Short		3,375	8.3483  GBP
0.25p ordinary		SWAP		Increasing Short		54	8.8600  GBP
0.25p ordinary		SWAP		Decreasing Long		529	8.6592  GBP
0.25p ordinary		SWAP		Decreasing Long		196	8.6592  GBP
0.25p ordinary		CFD		Decreasing Short		2,297	8.1571  GBP
0.25p ordinary		CFD		Increasing Long		3,210	8.7508  GBP
0.25p ordinary		SWAP		Decreasing Short		146	8.8600  GBP
0.25p ordinary		SWAP		Increasing Long		2,303	8.5376  GBP
0.25p ordinary		SWAP		Decreasing Long		75	8.5426  GBP
0.25p ordinary		SWAP		Increasing Long		15,509	8.8600  GBP
0.25p ordinary		SWAP		Decreasing Long		438	8.1940  GBP
0.25p ordinary		SWAP		Decreasing Long		5	8.5463  GBP
0.25p ordinary		SWAP		Decreasing Short		3,375	8.3483  GBP
0.25p ordinary		SWAP		Decreasing Short		8,891	8.8600  GBP
0.25p ordinary		SWAP		Decreasing Long		72	8.1151  GBP
0.25p ordinary		SWAP		Increasing Long		1,808	8.3018  GBP
0.25p ordinary		SWAP		Decreasing Short		6,750	8.2758  GBP
0.25p ordinary		SWAP		Increasing Short		2,086	8.1375  GBP
0.25p ordinary		SWAP		Decreasing Long		3,540	8.2430  GBP
0.25p ordinary		SWAP		Increasing Long		348	8.3595  GBP
0.25p ordinary		SWAP		Decreasing Short		3,375	8.3599  GBP
0.25p ordinary		SWAP		Decreasing Short		1,732	8.8675  GBP
0.25p ordinary		SWAP		Decreasing Long		251	8.3256  GBP
0.25p ordinary		SWAP		Increasing Long		716	8.6650  GBP
0.25p ordinary		SWAP		Increasing Short		2,372	8.3157  GBP
0.25p ordinary		SWAP		Increasing Long		2,034	8.8600  GBP
0.25p ordinary		SWAP		Decreasing Short		17,981	8.8448  GBP
0.25p ordinary		SWAP		Decreasing Long		20	8.8600  GBP
0.25p ordinary		SWAP		Increasing Long		6,108	8.3024  GBP
0.25p ordinary		SWAP		Decreasing Long		1,119	8.1384  GBP
0.25p ordinary		SWAP		Decreasing Long		567	8.3170  GBP
0.25p ordinary		SWAP		Increasing Long		212	8.1594  GBP
0.25p ordinary		SWAP		Decreasing Long		40,256	8.4315  GBP
0.25p ordinary		SWAP		Increasing Long		54,827	8.6013  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:				09 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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