Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

17 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:				16 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:			1,084,367	1.21%	644,819	0.72%
(2)	Cash-settled derivatives:
	and/or controlled:			607,775	0.68%	1,084,366	1.21%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,692,142	1.89%	1,729,185	1.93%
(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		133,088		9.4800  GBP	9.2110  GBP
0.25p ordinary		Sale		65,910		9.4800  GBP	9.2970  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		508	9.3800  GBP
0.25p ordinary		SWAP		Decreasing Short		124	9.3795  GBP
0.25p ordinary		SWAP		Decreasing Long		3,725	9.3811  GBP
0.25p ordinary		SWAP		Decreasing Long		148	9.3800  GBP
0.25p ordinary		SWAP		Increasing Short		408	9.4242  GBP
0.25p ordinary		SWAP		Increasing Short		377	9.4237  GBP
0.25p ordinary		SWAP		Decreasing Long		8,685	9.4305  GBP
0.25p ordinary		SWAP		Increasing Short		11	9.3757  GBP
0.25p ordinary		SWAP		Increasing Long		182	9.3749  GBP
0.25p ordinary		SWAP		Increasing Short		397	9.3800  GBP
0.25p ordinary		SWAP		Decreasing Long		2,431	9.3800  GBP
0.25p ordinary		SWAP		Decreasing Long		8,212	9.3800  GBP
0.25p ordinary		SWAP		Decreasing Long		5,249	9.3800  GBP
0.25p ordinary		SWAP		Increasing Long		728	9.3781  GBP
0.25p ordinary		SWAP		Decreasing Long		835	9.3975  GBP
0.25p ordinary		SWAP		Decreasing Long		92	9.4548  GBP
0.25p ordinary		SWAP		Increasing Long		216	9.3828  GBP
0.25p ordinary		SWAP		Increasing Long		152	9.3814  GBP
0.25p ordinary		SWAP		Increasing Short		3,375	9.4218  GBP
0.25p ordinary		SWAP		Increasing Short		27	9.4188  GBP
0.25p ordinary		CFD		Decreasing Long		1	9.3800  GBP
0.25p ordinary		CFD		Closing Long		12,174	9.4534  GBP
0.25p ordinary		SWAP		Increasing Short		405	9.4576  GBP
0.25p ordinary		SWAP		Increasing Short		158	9.4262  GBP
0.25p ordinary		SWAP		Decreasing Long		170	9.4105  GBP
0.25p ordinary		SWAP		Closing Long		4,329	9.4104  GBP
0.25p ordinary		SWAP		Decreasing Short		2,292	9.3795  GBP
0.25p ordinary		SWAP		Decreasing Long		5,205	9.3978  GBP
0.25p ordinary		SWAP		Increasing Long		100	9.3799  GBP
0.25p ordinary		SWAP		Decreasing Long		1,102	9.3800  GBP
0.25p ordinary		SWAP		Increasing Short		1,448	9.3706  GBP
0.25p ordinary		SWAP		Decreasing Long		1,128	9.4169  GBP
0.25p ordinary		SWAP		Decreasing Long		2,219	9.3789  GBP
0.25p ordinary		SWAP		Decreasing Long		260	9.4199  GBP
0.25p ordinary		SWAP		Decreasing Long		90	9.4420  GBP
0.25p ordinary		SWAP		Decreasing Long		5	9.4626  GBP
0.25p ordinary		SWAP		Increasing Long		95	9.4427  GBP
0.25p ordinary		SWAP		Increasing Short		3,375	9.2118  GBP
0.25p ordinary		SWAP		Decreasing Short		99	9.4300  GBP
0.25p ordinary		SWAP		Decreasing Long		2,578	9.4337  GBP
0.25p ordinary		SWAP		Decreasing Long		698	9.3871  GBP
0.25p ordinary		SWAP		Increasing Long		61	9.4800  GBP
0.25p ordinary		SWAP		Increasing Short		4,688	9.4629  GBP
0.25p ordinary		SWAP		Decreasing Short		563	9.3800  GBP
0.25p ordinary		SWAP		Increasing Long		1,316	9.3819  GBP
0.25p ordinary		SWAP		Decreasing Short		8,063	9.2971  GBP
0.25p ordinary		SWAP		Increasing Short		2,460	9.3800  GBP
0.25p ordinary		SWAP		Decreasing Long		133	9.3600  GBP
0.25p ordinary		SWAP		Increasing Short		827	9.4120  GBP
0.25p ordinary		SWAP		Increasing Long		195	9.3800  GBP
0.25p ordinary		SWAP		Decreasing Short		190	9.4150  GBP
0.25p ordinary		SWAP		Decreasing Long		803	9.3800  GBP
0.25p ordinary		SWAP		Increasing Short		672	9.3795  GBP
0.25p ordinary		SWAP		Increasing Long		610	9.4549  GBP
0.25p ordinary		SWAP		Decreasing Short		227	9.4598  GBP
0.25p ordinary		SWAP		Decreasing Long		780	9.3830  GBP
0.25p ordinary		SWAP		Decreasing Short		733	9.4139  GBP
0.25p ordinary		SWAP		Increasing Long		411	9.4625  GBP
0.25p ordinary		SWAP		Increasing Short		663	9.3900  GBP
0.25p ordinary		SWAP		Decreasing Long		1,157	9.4070  GBP
0.25p ordinary		SWAP		Increasing Long		2,852	9.4238  GBP
0.25p ordinary		SWAP		Decreasing Long		3,952	9.4293  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:				17 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END