Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

16 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:				15 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:			1,077,367	1.20%	704,997	0.79%
(2)	Cash-settled derivatives:
	and/or controlled:			667,526	0.75%	1,077,366	1.20%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,744,893	1.95%	1,782,363	1.99%
(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		253,360		9.4625  GBP	9.1690  GBP
0.25p ordinary		Sale		82,943		9.4500  GBP	9.2650  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		23	9.4200  GBP
0.25p ordinary		SWAP		Decreasing Short		160	9.4195  GBP
0.25p ordinary		SWAP		Increasing Long		215	9.3323  GBP
0.25p ordinary		SWAP		Decreasing Long		2,475	9.4200  GBP
0.25p ordinary		SWAP		Increasing Short		594	9.3293  GBP
0.25p ordinary		SWAP		Increasing Short		582	9.3279  GBP
0.25p ordinary		SWAP		Decreasing Long		12,368	9.3307  GBP
0.25p ordinary		SWAP		Decreasing Long		1,687	9.4200  GBP
0.25p ordinary		SWAP		Decreasing Long		4,285	9.4200  GBP
0.25p ordinary		SWAP		Increasing Long		1,398	9.4200  GBP
0.25p ordinary		SWAP		Decreasing Long		10,509	9.4200  GBP
0.25p ordinary		SWAP		Decreasing Long		32	9.4375  GBP
0.25p ordinary		SWAP		Increasing Long		18	9.4375  GBP
0.25p ordinary		SWAP		Opening Long		7	9.4375  GBP
0.25p ordinary		SWAP		Decreasing Long		50	9.4488  GBP
0.25p ordinary		SWAP		Increasing Long		3,213	9.4275  GBP
0.25p ordinary		SWAP		Decreasing Long		1,188	9.3091  GBP
0.25p ordinary		SWAP		Decreasing Long		285	9.4200  GBP
0.25p ordinary		SWAP		Decreasing Long		20	9.4200  GBP
0.25p ordinary		SWAP		Increasing Long		94	9.3250  GBP
0.25p ordinary		SWAP		Increasing Short		3,115	9.2114  GBP
0.25p ordinary		SWAP		Decreasing Short		1,222	9.3148  GBP
0.25p ordinary		SWAP		Decreasing Long		890	9.4112  GBP
0.25p ordinary		SWAP		Decreasing Long		332	9.4112  GBP
0.25p ordinary		CFD		Increasing Long		320	9.1844  GBP
0.25p ordinary		SWAP		Increasing Short		218	9.4157  GBP
0.25p ordinary		SWAP		Increasing Short		2,060	9.4205  GBP
0.25p ordinary		SWAP		Opening Long		7	9.4375  GBP
0.25p ordinary		SWAP		Closing Long		4,437	9.3754  GBP
0.25p ordinary		SWAP		Decreasing Long		160	9.3753  GBP
0.25p ordinary		SWAP		Opening Short		75,000	9.3352  GBP
0.25p ordinary		SWAP		Increasing Long		401	9.4200  GBP
0.25p ordinary		SWAP		Decreasing Long		1,422	9.4491  GBP
0.25p ordinary		SWAP		Decreasing Long		32,610	9.3058  GBP
0.25p ordinary		SWAP		Decreasing Long		34	9.4378  GBP
0.25p ordinary		SWAP		Closing Long		977	9.4378  GBP
0.25p ordinary		SWAP		Opening Short		347	9.4378  GBP
0.25p ordinary		SWAP		Decreasing Long		1,640	9.4023  GBP
0.25p ordinary		SWAP		Decreasing Long		125	9.4200  GBP
0.25p ordinary		SWAP		Increasing Long		939	9.3139  GBP
0.25p ordinary		SWAP		Increasing Long		2	9.4142  GBP
0.25p ordinary		SWAP		Decreasing Long		5	9.4200  GBP
0.25p ordinary		SWAP		Increasing Short		260	9.1699  GBP
0.25p ordinary		SWAP		Increasing Short		228	9.4200  GBP
0.25p ordinary		CFD		Decreasing Long		22,614	9.3615  GBP
0.25p ordinary		SWAP		Decreasing Long		6,493	9.3404  GBP
0.25p ordinary		SWAP		Increasing Long		1,072	9.4074  GBP
0.25p ordinary		SWAP		Increasing Long		308	9.3310  GBP
0.25p ordinary		SWAP		Decreasing Long		2	9.3676  GBP
0.25p ordinary		SWAP		Increasing Long		2	9.3673  GBP
0.25p ordinary		SWAP		Decreasing Short		254	9.4200  GBP
0.25p ordinary		SWAP		Decreasing Long		3,381	9.3884  GBP
0.25p ordinary		SWAP		Increasing Long		2,034	9.3307  GBP
0.25p ordinary		SWAP		Increasing Short		4,667	9.4200  GBP
0.25p ordinary		SWAP		Decreasing Long		111	9.4124  GBP
0.25p ordinary		SWAP		Decreasing Short		1,999	9.2922  GBP
0.25p ordinary		SWAP		Decreasing Long		82	9.4200  GBP
0.25p ordinary		SWAP		Decreasing Short		611	9.3621  GBP
0.25p ordinary		SWAP		Increasing Long		85	9.4200  GBP
0.25p ordinary		SWAP		Decreasing Short		9,550	9.3326  GBP
0.25p ordinary		SWAP		Decreasing Long		2,377	9.4200  GBP
0.25p ordinary		SWAP		Increasing Long		2,317	9.3043  GBP
0.25p ordinary		SWAP		Increasing Long		1,008	9.3181  GBP
0.25p ordinary		SWAP		Decreasing Long		346	9.3393  GBP
0.25p ordinary		SWAP		Increasing Long		10,178	9.3366  GBP
0.25p ordinary		SWAP		Decreasing Long		9,504	9.3350  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:				16 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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