Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

14 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:				13 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:			900,705	1.01%	1,008,127	1.13%
(2)	Cash-settled derivatives:
	and/or controlled:			970,785	1.08%	903,901	1.01%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,871,490	2.09%	1,912,028	2.13%
(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		284,617		9.1650  GBP	8.9350  GBP
0.25p ordinary		Sale		111,122		9.1613  GBP	8.9500  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		137	9.1450  GBP
0.25p ordinary		SWAP		Increasing Short		766	9.1454  GBP
0.25p ordinary		SWAP		Decreasing Long		2	9.1450  GBP
0.25p ordinary		SWAP		Increasing Short		569	9.0469  GBP
0.25p ordinary		SWAP		Increasing Short		592	9.0474  GBP
0.25p ordinary		SWAP		Decreasing Long		8,571	9.0558  GBP
0.25p ordinary		SWAP		Decreasing Long		1,882	9.1450  GBP
0.25p ordinary		SWAP		Decreasing Long		2,753	9.1473  GBP
0.25p ordinary		SWAP		Closing Short		3,123	9.1450  GBP
0.25p ordinary		SWAP		Opening Long		5,548	9.1450  GBP
0.25p ordinary		SWAP		Decreasing Long		21,976	8.9350  GBP
0.25p ordinary		SWAP		Closing Long		209	9.0935  GBP
0.25p ordinary		SWAP		Decreasing Long		39	9.1469  GBP
0.25p ordinary		SWAP		Decreasing Long		107	9.1469  GBP
0.25p ordinary		SWAP		Decreasing Long		352	9.1469  GBP
0.25p ordinary		SWAP		Decreasing Long		3,830	9.1469  GBP
0.25p ordinary		SWAP		Decreasing Long		730	9.1246  GBP
0.25p ordinary		SWAP		Decreasing Long		1,332	9.1293  GBP
0.25p ordinary		SWAP		Decreasing Long		225	9.0288  GBP
0.25p ordinary		SWAP		Decreasing Long		4,004	9.1357  GBP
0.25p ordinary		SWAP		Decreasing Long		3,817	9.1365  GBP
0.25p ordinary		SWAP		Decreasing Long		11,972	9.1454  GBP
0.25p ordinary		SWAP		Decreasing Long		396	9.0817  GBP
0.25p ordinary		SWAP		Increasing Short		322	9.1450  GBP
0.25p ordinary		SWAP		Decreasing Long		24	9.1450  GBP
0.25p ordinary		SWAP		Decreasing Long		9	9.1450  GBP
0.25p ordinary		CFD		Decreasing Short		3,792	9.1001  GBP
0.25p ordinary		CFD		Decreasing Long		20,255	9.0453  GBP
0.25p ordinary		CFD		Opening Long		757	9.1614  GBP
0.25p ordinary		CFD		Opening Short		10,400	9.1556  GBP
0.25p ordinary		SWAP		Increasing Short		275	9.0807  GBP
0.25p ordinary		SWAP		Decreasing Short		600	9.0589  GBP
0.25p ordinary		SWAP		Closing Long		3,202	9.0897  GBP
0.25p ordinary		SWAP		Decreasing Long		1,534	9.0897  GBP
0.25p ordinary		SWAP		Opening Short		24,998	9.0670  GBP
0.25p ordinary		SWAP		Decreasing Long		1,331	9.1480  GBP
0.25p ordinary		SWAP		Decreasing Short		1,035	9.1445  GBP
0.25p ordinary		SWAP		Decreasing Long		18,705	9.1315  GBP
0.25p ordinary		SWAP		Decreasing Long		2,618	9.1156  GBP
0.25p ordinary		SWAP		Increasing Long		3,123	9.1450  GBP
0.25p ordinary		SWAP		Decreasing Long		14,867	9.1450  GBP
0.25p ordinary		SWAP		Decreasing Long		1,506	9.1131  GBP
0.25p ordinary		SWAP		Decreasing Long		117	9.0621  GBP
0.25p ordinary		SWAP		Increasing Long		5,664	9.1264  GBP
0.25p ordinary		SWAP		Decreasing Long		937	9.0515  GBP
0.25p ordinary		SWAP		Decreasing Short		342	9.1450  GBP
0.25p ordinary		SWAP		Increasing Long		1,623	9.0477  GBP
0.25p ordinary		SWAP		Increasing Long		603	9.0477  GBP
0.25p ordinary		CFD		Decreasing Short		5,599	9.0172  GBP
0.25p ordinary		SWAP		Increasing Short		2,776	9.1455  GBP
0.25p ordinary		SWAP		Decreasing Long		10,991	9.0679  GBP
0.25p ordinary		SWAP		Decreasing Long		6,453	9.1258  GBP
0.25p ordinary		SWAP		Decreasing Long		117	9.1450  GBP
0.25p ordinary		SWAP		Decreasing Long		6,505	9.1181  GBP
0.25p ordinary		SWAP		Decreasing Long		413	9.0535  GBP
0.25p ordinary		SWAP		Increasing Short		596	9.1481  GBP
0.25p ordinary		SWAP		Decreasing Short		2,176	9.1450  GBP
0.25p ordinary		SWAP		Decreasing Long		697	9.1074  GBP
0.25p ordinary		SWAP		Increasing Long		103	9.1450  GBP
0.25p ordinary		SWAP		Increasing Long		351	9.1450  GBP
0.25p ordinary		SWAP		Increasing Short		7,714	9.1450  GBP
0.25p ordinary		SWAP		Decreasing Long		350	9.1365  GBP
0.25p ordinary		SWAP		Increasing Long		36,716	9.1450  GBP
0.25p ordinary		SWAP		Increasing Short		2,719	9.0608  GBP
0.25p ordinary		SWAP		Increasing Long		2,644	9.1449  GBP
0.25p ordinary		SWAP		Increasing Long		794	9.1450  GBP
0.25p ordinary		SWAP		Increasing Short		9,419	9.1076  GBP
0.25p ordinary		SWAP		Decreasing Long		4,919	9.1450  GBP
0.25p ordinary		SWAP		Decreasing Long		2,629	9.0597  GBP
0.25p ordinary		SWAP		Increasing Long		74	8.9500  GBP
0.25p ordinary		SWAP		Decreasing Long		660	9.0330  GBP
0.25p ordinary		SWAP		Decreasing Long		29,114	9.0608  GBP
0.25p ordinary		SWAP		Increasing Long		1,902	9.0425  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:				14 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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