Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

25 August 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:				24 Aug 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:			1,523,167	1.71%	455,419	0.51%
(2)	Cash-settled derivatives:
	and/or controlled:			453,053	0.51%	1,493,330	1.67%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,976,220	2.22%	1,948,749	2.19%
(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		199,808		11.0300  GBP	10.8000  GBP
0.25p ordinary		Sale		288,316		11.0387  GBP	10.8865  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 Short		196	10.9500  GBP
0.25p ordinary		SWAP		Increasing Short		431	10.9505  GBP
0.25p ordinary		SWAP		Decreasing Short		887	11.0300  GBP
0.25p ordinary		SWAP		Decreasing Long		140	10.9500  GBP
0.25p ordinary		SWAP		Decreasing Short		500	10.8999  GBP
0.25p ordinary		SWAP		Decreasing Long		21,437	10.9366  GBP
0.25p ordinary		SWAP		Decreasing Long		56	10.8301  GBP
0.25p ordinary		SWAP		Opening Long		104	10.9500  GBP
0.25p ordinary		SWAP		Decreasing Short		3,602	10.9500  GBP
0.25p ordinary		SWAP		Decreasing Short		5,989	10.9500  GBP
0.25p ordinary		SWAP		Opening Long		2,101	10.9500  GBP
0.25p ordinary		SWAP		Decreasing Long		1,717	10.9272  GBP
0.25p ordinary		SWAP		Decreasing Short		333	10.9638  GBP
0.25p ordinary		SWAP		Increasing Long		4	11.0300  GBP
0.25p ordinary		SWAP		Decreasing Long		1,739	10.9590  GBP
0.25p ordinary		SWAP		Decreasing Long		807	10.9563  GBP
0.25p ordinary		SWAP		Increasing Long		116,936	10.9500  GBP
0.25p ordinary		SWAP		Opening Short		3,609	10.9505  GBP
0.25p ordinary		SWAP		Decreasing Long		5	10.9490  GBP
0.25p ordinary		SWAP		Decreasing Short		6,750	10.3981  GBP
0.25p ordinary		SWAP		Increasing Short		8,201	10.9400  GBP
0.25p ordinary		SWAP		Increasing Short		1	11.0300  GBP
0.25p ordinary		SWAP		Decreasing Short		959	10.9509  GBP
0.25p ordinary		SWAP		Decreasing Short		356	10.9509  GBP
0.25p ordinary		CFD		Increasing Short		7,531	10.9557  GBP
0.25p ordinary		CFD		Closing Short		6,447	10.9100  GBP
0.25p ordinary		SWAP		Decreasing Short		336	10.9606  GBP
0.25p ordinary		SWAP		Increasing Short		67	10.9608  GBP
0.25p ordinary		SWAP		Decreasing Short		8,299	10.9967  GBP
0.25p ordinary		SWAP		Increasing Short		973	10.9500  GBP
0.25p ordinary		SWAP		Decreasing Short		2,905	10.9494  GBP
0.25p ordinary		SWAP		Increasing Short		8,996	10.9758  GBP
0.25p ordinary		SWAP		Increasing Short		784	11.0100  GBP
0.25p ordinary		SWAP		Closing Long		104	10.9500  GBP
0.25p ordinary		SWAP		Opening Short		4,891	10.9500  GBP
0.25p ordinary		SWAP		Increasing Long		5,690	10.9500  GBP
0.25p ordinary		SWAP		Decreasing Long		948	11.0300  GBP
0.25p ordinary		SWAP		Increasing Short		7,457	10.9668  GBP
0.25p ordinary		SWAP		Decreasing Long		122	10.9549  GBP
0.25p ordinary		SWAP		Decreasing Short		13,500	10.4426  GBP
0.25p ordinary		SWAP		Increasing Short		7,069	10.9400  GBP
0.25p ordinary		SWAP		Decreasing Short		1,579	10.9726  GBP
0.25p ordinary		SWAP		Increasing Short		106	10.9961  GBP
0.25p ordinary		SWAP		Increasing Short		104	10.9350  GBP
0.25p ordinary		SWAP		Closing Long		7,528	10.9681  GBP
0.25p ordinary		SWAP		Opening Short		821	10.9681  GBP
0.25p ordinary		SWAP		Closing Long		1,725	10.9516  GBP
0.25p ordinary		SWAP		Opening Short		2,471	10.9516  GBP
0.25p ordinary		SWAP		Closing Short		11,066	10.9431  GBP
0.25p ordinary		SWAP		Opening Long		1,506	10.9431  GBP
0.25p ordinary		SWAP		Decreasing Long		6	10.9375  GBP
0.25p ordinary		SWAP		Decreasing Short		6,750	10.6325  GBP
0.25p ordinary		SWAP		Decreasing Short		12	11.0300  GBP
0.25p ordinary		SWAP		Increasing Short		368	10.9350  GBP
0.25p ordinary		SWAP		Closing Short		2,471	10.9330  GBP
0.25p ordinary		SWAP		Opening Long		4,284	10.9330  GBP
0.25p ordinary		SWAP		Increasing Long		1,904	10.9500  GBP
0.25p ordinary		SWAP		Decreasing Long		4	10.9375  GBP
0.25p ordinary		SWAP		Decreasing Short		6,750	10.7804  GBP
0.25p ordinary		SWAP		Decreasing Short		4,734	10.9299  GBP
0.25p ordinary		SWAP		Closing Long		4,284	10.9515  GBP
0.25p ordinary		SWAP		Opening Short		866	10.9515  GBP
0.25p ordinary		SWAP		Decreasing Short		6,750	10.7324  GBP
0.25p ordinary		SWAP		Increasing Short		12,346	10.9500  GBP
0.25p ordinary		SWAP		Increasing Short		126	11.0038  GBP
0.25p ordinary		SWAP		Decreasing Short		6,750	10.7524  GBP
0.25p ordinary		SWAP		Decreasing Short		612	10.9500  GBP
0.25p ordinary		SWAP		Decreasing Short		85	10.9820  GBP
0.25p ordinary		SWAP		Decreasing Short		3,884	10.9500  GBP
0.25p ordinary		SWAP		Decreasing Short		223	10.9500  GBP
0.25p ordinary		SWAP		Increasing Short		22,681	10.9400  GBP
0.25p ordinary		SWAP		Closing Short		684	10.9500  GBP
0.25p ordinary		SWAP		Opening Long		912	10.9500  GBP
0.25p ordinary		SWAP		Decreasing Short		1,253	10.9073  GBP
0.25p ordinary		SWAP		Closing Long		912	10.9400  GBP
0.25p ordinary		SWAP		Opening Short		30,536	10.9400  GBP
0.25p ordinary		SWAP		Decreasing Short		3,037	10.9694  GBP
0.25p ordinary		SWAP		Decreasing Short		3,470	10.9560  GBP
0.25p ordinary		SWAP		Decreasing Short		21,495	10.9579  GBP
0.25p ordinary		SWAP		Increasing Short		665	10.9590  GBP
0.25p ordinary		SWAP		Decreasing Short		1,123	10.9789  GBP
0.25p ordinary		SWAP		Increasing Short		6,500	10.8000  GBP
0.25p ordinary		SWAP		Closing Short		33,108	10.9382  GBP
0.25p ordinary		SWAP		Opening Long		2,669	10.9382  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:				25 Aug 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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