Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

28 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:				27 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:			1,612,667	1.81%	702,525	0.79%
(2)	Cash-settled derivatives:
	and/or controlled:			700,667	0.79%	1,582,711	1.78%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			2,313,334	2.59%	2,285,236	2.56%
(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		255,514		11.7200  GBP	11.4250  GBP
0.25p ordinary		Sale		438,351		11.7200  GBP	11.0870  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 Short		292	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		478	11.5594  GBP
0.25p ordinary		SWAP		Decreasing Short		1,505	11.5826  GBP
0.25p ordinary		SWAP		Increasing Short		29,700	11.4972  GBP
0.25p ordinary		SWAP		Decreasing Short		218	11.5299  GBP
0.25p ordinary		SWAP		Decreasing Long		20,701	11.5595  GBP
0.25p ordinary		SWAP		Increasing Long		461	11.5297  GBP
0.25p ordinary		SWAP		Decreasing Long		411	11.6624  GBP
0.25p ordinary		SWAP		Decreasing Short		3	11.5600  GBP
0.25p ordinary		SWAP		Increasing Short		1,207	11.5600  GBP
0.25p ordinary		SWAP		Increasing Short		23,129	11.5600  GBP
0.25p ordinary		SWAP		Increasing Short		1,945	11.5730  GBP
0.25p ordinary		SWAP		Decreasing Short		283	11.5600  GBP
0.25p ordinary		SWAP		Opening Short		207	11.5703  GBP
0.25p ordinary		SWAP		Decreasing Long		2,358	11.6492  GBP
0.25p ordinary		SWAP		Decreasing Long		1,022	11.6538  GBP
0.25p ordinary		SWAP		Decreasing Long		6,897	11.5600  GBP
0.25p ordinary		SWAP		Closing Long		4,893	11.5605  GBP
0.25p ordinary		SWAP		Opening Short		5,722	11.5605  GBP
0.25p ordinary		SWAP		Closing Long		687	11.6219  GBP
0.25p ordinary		SWAP		Decreasing Short		6,750	11.2721  GBP
0.25p ordinary		SWAP		Decreasing Short		12,511	11.5500  GBP
0.25p ordinary		SWAP		Increasing Short		20	11.5000  GBP
0.25p ordinary		SWAP		Decreasing Short		8	11.6983  GBP
0.25p ordinary		SWAP		Decreasing Short		3	11.6983  GBP
0.25p ordinary		CFD		Increasing Long		1,851	11.5185  GBP
0.25p ordinary		CFD		Decreasing Short		84	11.4392  GBP
0.25p ordinary		SWAP		Decreasing Short		342	11.5777  GBP
0.25p ordinary		SWAP		Increasing Short		124	11.6709  GBP
0.25p ordinary		SWAP		Decreasing Short		12,784	11.6400  GBP
0.25p ordinary		SWAP		Opening Long		168,309	11.5600  GBP
0.25p ordinary		SWAP		Increasing Short		79	11.5839  GBP
0.25p ordinary		SWAP		Increasing Short		3,446	11.4817  GBP
0.25p ordinary		SWAP		Decreasing Short		57	11.5504  GBP
0.25p ordinary		SWAP		Decreasing Long		1,211	11.5267  GBP
0.25p ordinary		SWAP		Decreasing Short		30	11.6696  GBP
0.25p ordinary		SWAP		Increasing Short		1,613	11.5743  GBP
0.25p ordinary		SWAP		Closing Short		207	11.5310  GBP
0.25p ordinary		SWAP		Opening Long		1,412	11.5310  GBP
0.25p ordinary		SWAP		Increasing Short		5,945	11.4709  GBP
0.25p ordinary		SWAP		Decreasing Short		13,500	11.0877  GBP
0.25p ordinary		SWAP		Decreasing Short		13,406	11.5500  GBP
0.25p ordinary		SWAP		Decreasing Short		26	11.5600  GBP
0.25p ordinary		SWAP		Increasing Short		64	11.6454  GBP
0.25p ordinary		SWAP		Closing Short		57	11.6846  GBP
0.25p ordinary		SWAP		Opening Long		22	11.6846  GBP
0.25p ordinary		CFD		Increasing Short		78	11.5498  GBP
0.25p ordinary		SWAP		Increasing Long		121	11.5509  GBP
0.25p ordinary		SWAP		Decreasing Short		2,523	11.5317  GBP
0.25p ordinary		SWAP		Increasing Short		9,140	11.5450  GBP
0.25p ordinary		SWAP		Increasing Long		127	11.5614  GBP
0.25p ordinary		SWAP		Closing Short		11,667	11.5884  GBP
0.25p ordinary		SWAP		Opening Long		4,381	11.5884  GBP
0.25p ordinary		SWAP		Decreasing Short		6,750	11.3920  GBP
0.25p ordinary		SWAP		Decreasing Short		1,577	11.4529  GBP
0.25p ordinary		SWAP		Decreasing Short		211	11.6846  GBP
0.25p ordinary		SWAP		Closing Long		22	11.6454  GBP
0.25p ordinary		SWAP		Opening Short		2	11.6454  GBP
0.25p ordinary		SWAP		Decreasing Long		111	11.4855  GBP
0.25p ordinary		SWAP		Increasing Short		6,636	11.5600  GBP
0.25p ordinary		SWAP		Closing Long		1,539	11.5672  GBP
0.25p ordinary		SWAP		Opening Short		1,273	11.5672  GBP
0.25p ordinary		SWAP		Decreasing Long		1,581	11.5600  GBP
0.25p ordinary		SWAP		Increasing Short		440	11.5600  GBP
0.25p ordinary		SWAP		Increasing Short		33	11.4250  GBP
0.25p ordinary		SWAP		Increasing Short		160	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		2,579	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		174	11.7150  GBP
0.25p ordinary		SWAP		Closing Short		1,433	11.5600  GBP
0.25p ordinary		SWAP		Opening Long		1,477	11.5600  GBP
0.25p ordinary		SWAP		Increasing Short		70,355	11.5500  GBP
0.25p ordinary		SWAP		Decreasing Short		107	11.7171  GBP
0.25p ordinary		SWAP		Increasing Long		3,794	11.5536  GBP
0.25p ordinary		SWAP		Decreasing Short		4,643	11.5091  GBP
0.25p ordinary		SWAP		Decreasing Short		1,088	11.5904  GBP
0.25p ordinary		SWAP		Decreasing Long		360	11.6111  GBP
0.25p ordinary		SWAP		Decreasing Short		3,513	11.5634  GBP
0.25p ordinary		SWAP		Increasing Long		4,498	11.4804  GBP
0.25p ordinary		SWAP		Decreasing Short		32,566	11.5328  GBP
0.25p ordinary		SWAP		Decreasing Long		7,022	11.5458  GBP
0.25p ordinary		SWAP		Increasing Long		75,477	11.5542  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:				28 Aug 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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