Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

23 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:				22 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:			1,152,639	1.29%	632,286	0.71%
(2)	Cash-settled derivatives:
	and/or controlled:			597,705	0.67%	1,152,025	1.29%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,750,344	1.96%	1,784,311	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		83,438		9.6850  GBP	9.5500  GBP
0.25p ordinary		Sale		55,381		9.6975  GBP	9.5500  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		137	9.5950  GBP
0.25p ordinary		SWAP		Increasing Short		904	9.5954  GBP
0.25p ordinary		SWAP		Decreasing Long		2,086	9.5882  GBP
0.25p ordinary		SWAP		Increasing Short		6,495	9.5950  GBP
0.25p ordinary		SWAP		Increasing Short		19	9.5600  GBP
0.25p ordinary		SWAP		Increasing Short		140	9.5922  GBP
0.25p ordinary		SWAP		Increasing Short		116	9.5763  GBP
0.25p ordinary		SWAP		Decreasing Long		6,371	9.5923  GBP
0.25p ordinary		SWAP		Decreasing Long		479	9.5950  GBP
0.25p ordinary		SWAP		Decreasing Short		367	9.5937  GBP
0.25p ordinary		SWAP		Increasing Short		52	9.5950  GBP
0.25p ordinary		SWAP		Decreasing Long		2,900	9.5950  GBP
0.25p ordinary		SWAP		Increasing Long		791	9.5851  GBP
0.25p ordinary		SWAP		Increasing Long		290	9.6075  GBP
0.25p ordinary		SWAP		Decreasing Long		74	9.5950  GBP
0.25p ordinary		SWAP		Increasing Long		227	9.5938  GBP
0.25p ordinary		SWAP		Increasing Long		79	9.6676  GBP
0.25p ordinary		SWAP		Decreasing Long		998	9.5912  GBP
0.25p ordinary		SWAP		Decreasing Long		9,249	9.5954  GBP
0.25p ordinary		SWAP		Decreasing Long		562	9.5950  GBP
0.25p ordinary		SWAP		Decreasing Short		628	9.5939  GBP
0.25p ordinary		SWAP		Decreasing Long		2,245	9.5977  GBP
0.25p ordinary		SWAP		Decreasing Long		834	9.5977  GBP
0.25p ordinary		SWAP		Increasing Short		328	9.5920  GBP
0.25p ordinary		SWAP		Increasing Short		299	9.6407  GBP
0.25p ordinary		SWAP		Closing Short		3,796	9.5950  GBP
0.25p ordinary		SWAP		Closing Long		116	9.5976  GBP
0.25p ordinary		SWAP		Decreasing Long		327	9.5950  GBP
0.25p ordinary		SWAP		Decreasing Short		315	9.5945  GBP
0.25p ordinary		SWAP		Increasing Long		76	9.6800  GBP
0.25p ordinary		SWAP		Increasing Short		513	9.6113  GBP
0.25p ordinary		SWAP		Decreasing Long		36	9.5606  GBP
0.25p ordinary		SWAP		Closing Short		69	9.5850  GBP
0.25p ordinary		SWAP		Opening Long		87	9.5850  GBP
0.25p ordinary		SWAP		Decreasing Long		5,534	9.5950  GBP
0.25p ordinary		SWAP		Decreasing Long		253	9.6345  GBP
0.25p ordinary		SWAP		Decreasing Long		740	9.5954  GBP
0.25p ordinary		SWAP		Increasing Long		8	9.6969  GBP
0.25p ordinary		SWAP		Increasing Long		3,929	9.6392  GBP
0.25p ordinary		SWAP		Decreasing Long		2	9.6476  GBP
0.25p ordinary		SWAP		Increasing Short		149	9.5950  GBP
0.25p ordinary		SWAP		Increasing Short		10,036	9.5973  GBP
0.25p ordinary		SWAP		Increasing Long		1,848	9.6247  GBP
0.25p ordinary		SWAP		Decreasing Long		172	9.6168  GBP
0.25p ordinary		SWAP		Increasing Long		2	9.6473  GBP
0.25p ordinary		SWAP		Decreasing Long		2,852	9.5950  GBP
0.25p ordinary		SWAP		Decreasing Short		8,850	9.5950  GBP
0.25p ordinary		SWAP		Increasing Long		1,331	9.6190  GBP
0.25p ordinary		SWAP		Increasing Long		173	9.5550  GBP
0.25p ordinary		SWAP		Increasing Long		710	9.5950  GBP
0.25p ordinary		SWAP		Decreasing Short		1,553	9.5685  GBP
0.25p ordinary		SWAP		Decreasing Long		50	9.5950  GBP
0.25p ordinary		SWAP		Decreasing Short		1,933	9.6163  GBP
0.25p ordinary		SWAP		Increasing Long		8,543	9.5950  GBP
0.25p ordinary		SWAP		Decreasing Long		8,878	9.5600  GBP
0.25p ordinary		SWAP		Increasing Long		1,501	9.5838  GBP
0.25p ordinary		SWAP		Increasing Long		3,609	9.6005  GBP
0.25p ordinary		SWAP		Decreasing Long		622	9.6267  GBP
0.25p ordinary		SWAP		Decreasing Long		4,375	9.6092  GBP
0.25p ordinary		SWAP		Increasing Long		297	9.5633  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:				23 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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