Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

20 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:				17 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:			1,101,693	1.23%	613,908	0.69%
(2)	Cash-settled derivatives:
	and/or controlled:			577,593	0.65%	1,101,692	1.23%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,679,286	1.88%	1,715,600	1.92%
(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		93,396		9.5329  GBP	9.3170  GBP
0.25p ordinary		Sale		45,159		9.5322  GBP	9.3296  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		68	9.4100  GBP
0.25p ordinary		SWAP		Decreasing Short		276	9.4095  GBP
0.25p ordinary		SWAP		Decreasing Long		3,769	9.4189  GBP
0.25p ordinary		SWAP		Closing Long		765	9.4100  GBP
0.25p ordinary		SWAP		Opening Short		4,953	9.4100  GBP
0.25p ordinary		SWAP		Increasing Short		32	9.3550  GBP
0.25p ordinary		SWAP		Increasing Short		351	9.3772  GBP
0.25p ordinary		SWAP		Increasing Short		330	9.3662  GBP
0.25p ordinary		SWAP		Increasing Long		427	9.3539  GBP
0.25p ordinary		SWAP		Increasing Long		32	9.3949  GBP
0.25p ordinary		SWAP		Decreasing Short		1,756	9.4100  GBP
0.25p ordinary		SWAP		Opening Short		1,182	9.4100  GBP
0.25p ordinary		SWAP		Increasing Long		2,957	9.4100  GBP
0.25p ordinary		SWAP		Decreasing Long		4,019	9.4100  GBP
0.25p ordinary		SWAP		Decreasing Long		841	9.4265  GBP
0.25p ordinary		SWAP		Decreasing Long		5,425	9.4222  GBP
0.25p ordinary		SWAP		Decreasing Long		345	9.4252  GBP
0.25p ordinary		SWAP		Decreasing Long		310	9.4573  GBP
0.25p ordinary		SWAP		Decreasing Long		8	9.3170  GBP
0.25p ordinary		SWAP		Decreasing Long		14	9.4700  GBP
0.25p ordinary		SWAP		Decreasing Short		3,375	9.4581  GBP
0.25p ordinary		SWAP		Decreasing Short		137	9.4300  GBP
0.25p ordinary		SWAP		Closing Short		1	9.4100  GBP
0.25p ordinary		SWAP		Decreasing Long		1,147	9.3825  GBP
0.25p ordinary		SWAP		Decreasing Long		426	9.3825  GBP
0.25p ordinary		CFD		Decreasing Long		78	9.3866  GBP
0.25p ordinary		SWAP		Increasing Short		505	9.5107  GBP
0.25p ordinary		SWAP		Decreasing Short		2,000	9.4990  GBP
0.25p ordinary		SWAP		Increasing Short		3	9.3705  GBP
0.25p ordinary		SWAP		Increasing Long		40	9.3600  GBP
0.25p ordinary		SWAP		Closing Long		3,842	9.4090  GBP
0.25p ordinary		SWAP		Decreasing Long		550	9.4090  GBP
0.25p ordinary		SWAP		Decreasing Long		776	9.4111  GBP
0.25p ordinary		SWAP		Increasing Short		1,679	9.4104  GBP
0.25p ordinary		SWAP		Increasing Short		5,866	9.4082  GBP
0.25p ordinary		SWAP		Decreasing Long		5,073	9.4251  GBP
0.25p ordinary		SWAP		Decreasing Long		919	9.4100  GBP
0.25p ordinary		SWAP		Decreasing Long		2,446	9.4476  GBP
0.25p ordinary		SWAP		Decreasing Long		1,283	9.4075  GBP
0.25p ordinary		SWAP		Decreasing Long		176	9.4100  GBP
0.25p ordinary		SWAP		Decreasing Long		11	9.4425  GBP
0.25p ordinary		SWAP		Increasing Long		142	9.4096  GBP
0.25p ordinary		SWAP		Increasing Short		1,688	9.3818  GBP
0.25p ordinary		SWAP		Decreasing Short		224	9.4100  GBP
0.25p ordinary		SWAP		Decreasing Long		58	9.3550  GBP
0.25p ordinary		SWAP		Decreasing Long		3,709	9.4361  GBP
0.25p ordinary		SWAP		Increasing Long		187	9.4547  GBP
0.25p ordinary		SWAP		Decreasing Long		139	9.4145  GBP
0.25p ordinary		SWAP		Increasing Long		36	9.5323  GBP
0.25p ordinary		SWAP		Decreasing Long		31	9.5326  GBP
0.25p ordinary		SWAP		Increasing Short		6,750	9.3852  GBP
0.25p ordinary		SWAP		Increasing Short		318	9.4100  GBP
0.25p ordinary		SWAP		Increasing Long		23	9.4475  GBP
0.25p ordinary		SWAP		Decreasing Long		8	9.4076  GBP
0.25p ordinary		SWAP		Increasing Short		1,688	9.4118  GBP
0.25p ordinary		SWAP		Increasing Short		202	9.3650  GBP
0.25p ordinary		SWAP		Increasing Long		76	9.4100  GBP
0.25p ordinary		SWAP		Increasing Short		1,688	9.3218  GBP
0.25p ordinary		SWAP		Decreasing Short		445	9.4497  GBP
0.25p ordinary		SWAP		Decreasing Long		59	9.4100  GBP
0.25p ordinary		SWAP		Increasing Short		730	9.3200  GBP
0.25p ordinary		SWAP		Decreasing Long		899	9.3989  GBP
0.25p ordinary		SWAP		Decreasing Short		636	9.4300  GBP
0.25p ordinary		SWAP		Increasing Long		4,075	9.4643  GBP
0.25p ordinary		SWAP		Decreasing Short		1,789	9.4329  GBP
0.25p ordinary		SWAP		Increasing Long		1,301	9.4303  GBP
0.25p ordinary		SWAP		Decreasing Long		384	9.3200  GBP
0.25p ordinary		SWAP		Increasing Long		677	9.4530  GBP
0.25p ordinary		SWAP		Decreasing Long		2,713	9.4070  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:				20 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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