Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

21 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:				20 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:			1,154,809	1.29%	603,212	0.67%
(2)	Cash-settled derivatives:
	and/or controlled:			567,926	0.63%	1,154,808	1.29%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,722,735	1.92%	1,758,020	1.96%
(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		112,175		9.4950  GBP	9.3700  GBP
0.25p ordinary		Sale		48,363		9.4950  GBP	9.4075  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		374	9.4950  GBP
0.25p ordinary		SWAP		Decreasing Short		2,505	9.4945  GBP
0.25p ordinary		SWAP		Decreasing Long		1,301	9.4636  GBP
0.25p ordinary		SWAP		Increasing Long		220	9.4950  GBP
0.25p ordinary		SWAP		Increasing Short		6,502	9.4950  GBP
0.25p ordinary		SWAP		Increasing Short		38	9.4228  GBP
0.25p ordinary		SWAP		Increasing Short		127	9.4277  GBP
0.25p ordinary		SWAP		Increasing Short		183	9.4299  GBP
0.25p ordinary		SWAP		Decreasing Long		1,291	9.4147  GBP
0.25p ordinary		SWAP		Decreasing Long		74	9.4228  GBP
0.25p ordinary		SWAP		Decreasing Short		1,095	9.4437  GBP
0.25p ordinary		SWAP		Increasing Long		1,673	9.4950  GBP
0.25p ordinary		SWAP		Decreasing Long		6,420	9.4950  GBP
0.25p ordinary		SWAP		Increasing Long		4,254	9.4910  GBP
0.25p ordinary		SWAP		Increasing Long		3,860	9.4950  GBP
0.25p ordinary		SWAP		Decreasing Long		2,961	9.4766  GBP
0.25p ordinary		SWAP		Increasing Long		152	9.4417  GBP
0.25p ordinary		SWAP		Decreasing Long		7	9.4950  GBP
0.25p ordinary		SWAP		Increasing Long		1	9.4450  GBP
0.25p ordinary		SWAP		Decreasing Long		1	9.4950  GBP
0.25p ordinary		SWAP		Decreasing Short		2,064	9.4950  GBP
0.25p ordinary		SWAP		Decreasing Long		2,513	9.4576  GBP
0.25p ordinary		SWAP		Decreasing Long		934	9.4576  GBP
0.25p ordinary		CFD		Decreasing Long		1,072	9.4713  GBP
0.25p ordinary		SWAP		Decreasing Short		352	9.4628  GBP
0.25p ordinary		SWAP		Increasing Short		449	9.4757  GBP
0.25p ordinary		SWAP		Decreasing Long		4,001	9.4673  GBP
0.25p ordinary		SWAP		Opening Short		50,000	9.4302  GBP
0.25p ordinary		SWAP		Decreasing Long		1,042	9.4932  GBP
0.25p ordinary		SWAP		Decreasing Short		1,234	9.4945  GBP
0.25p ordinary		SWAP		Increasing Short		882	9.4559  GBP
0.25p ordinary		SWAP		Decreasing Long		441	9.4950  GBP
0.25p ordinary		SWAP		Closing Short		87	9.4918  GBP
0.25p ordinary		SWAP		Opening Long		1,149	9.4918  GBP
0.25p ordinary		SWAP		Increasing Long		620	9.4285  GBP
0.25p ordinary		SWAP		Increasing Long		80	9.4567  GBP
0.25p ordinary		SWAP		Increasing Long		611	9.4400  GBP
0.25p ordinary		SWAP		Increasing Long		20	9.4073  GBP
0.25p ordinary		SWAP		Decreasing Long		11	9.4950  GBP
0.25p ordinary		SWAP		Decreasing Long		39	9.4241  GBP
0.25p ordinary		SWAP		Decreasing Short		366	9.4950  GBP
0.25p ordinary		SWAP		Increasing Short		1,568	9.4088  GBP
0.25p ordinary		SWAP		Increasing Long		31	9.4450  GBP
0.25p ordinary		SWAP		Decreasing Long		32	9.4475  GBP
0.25p ordinary		SWAP		Decreasing Long		20	9.4076  GBP
0.25p ordinary		SWAP		Increasing Short		531	9.4208  GBP
0.25p ordinary		SWAP		Decreasing Long		524	9.4345  GBP
0.25p ordinary		SWAP		Increasing Short		182	9.3700  GBP
0.25p ordinary		SWAP		Increasing Long		1,170	9.4950  GBP
0.25p ordinary		SWAP		Increasing Short		357	9.4500  GBP
0.25p ordinary		SWAP		Increasing Long		127	9.4950  GBP
0.25p ordinary		SWAP		Decreasing Long		164	9.3750  GBP
0.25p ordinary		SWAP		Decreasing Long		700	9.4369  GBP
0.25p ordinary		SWAP		Increasing Long		136	9.4212  GBP
0.25p ordinary		SWAP		Increasing Long		1,148	9.4308  GBP
0.25p ordinary		SWAP		Decreasing Long		1,745	9.4474  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:				21 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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