Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

02 September 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:				01 Sep 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:			1,432,059	1.61%	265,653	0.30%
(2)	Cash-settled derivatives:
	and/or controlled:			262,570	0.29%	1,401,627	1.57%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,694,629	1.90%	1,667,280	1.87%
(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		1,143,519		11.6000  GBP	11.3850  GBP
0.25p ordinary		Sale		1,120,875		11.5849  GBP	11.3294  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 Short		148	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		217	11.4011  GBP
0.25p ordinary		SWAP		Increasing Short		2,852	11.4000  GBP
0.25p ordinary		SWAP		Decreasing Long		456	11.5600  GBP
0.25p ordinary		SWAP		Increasing Short		3,891	11.5196  GBP
0.25p ordinary		SWAP		Closing Short		29	11.5178  GBP
0.25p ordinary		SWAP		Opening Long		182	11.5178  GBP
0.25p ordinary		SWAP		Decreasing Short		499	11.4698  GBP
0.25p ordinary		SWAP		Decreasing Short		503	11.4750  GBP
0.25p ordinary		SWAP		Closing Long		3,464	11.4991  GBP
0.25p ordinary		SWAP		Opening Short		5,612	11.4991  GBP
0.25p ordinary		SWAP		Closing Long		11,604	11.4779  GBP
0.25p ordinary		SWAP		Opening Short		188	11.4779  GBP
0.25p ordinary		SWAP		Closing Short		96	11.5700  GBP
0.25p ordinary		SWAP		Opening Long		32	11.5700  GBP
0.25p ordinary		SWAP		Increasing Short		1,002	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		3,126	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		64,949	11.5600  GBP
0.25p ordinary		SWAP		Opening Short		81,192	11.4994  GBP
0.25p ordinary		SWAP		Opening Short		44,017	11.5219  GBP
0.25p ordinary		SWAP		Increasing Short		5,035	11.4904  GBP
0.25p ordinary		SWAP		Increasing Short		1,320	11.5477  GBP
0.25p ordinary		SWAP		Increasing Long		18,815	11.5538  GBP
0.25p ordinary		SWAP		Decreasing Long		507	11.5532  GBP
0.25p ordinary		SWAP		Opening Short		31	11.4864  GBP
0.25p ordinary		SWAP		Decreasing Long		7,342	11.4733  GBP
0.25p ordinary		SWAP		Decreasing Long		7,656	11.5064  GBP
0.25p ordinary		SWAP		Opening Long		2,061	11.4436  GBP
0.25p ordinary		SWAP		Increasing Short		20	11.4689  GBP
0.25p ordinary		SWAP		Increasing Short		9,243	11.4700  GBP
0.25p ordinary		SWAP		Decreasing Short		4,086	11.5509  GBP
0.25p ordinary		SWAP		Decreasing Long		16	11.5321  GBP
0.25p ordinary		SWAP		Decreasing Long		6	11.5321  GBP
0.25p ordinary		CFD		Decreasing Short		100	11.4000  GBP
0.25p ordinary		CFD		Increasing Long		1,741	11.5083  GBP
0.25p ordinary		CFD		Decreasing Short		8,532	11.4805  GBP
0.25p ordinary		CFD		Opening Short		9,335	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		467	11.4977  GBP
0.25p ordinary		SWAP		Increasing Short		384	11.4809  GBP
0.25p ordinary		SWAP		Decreasing Short		404	11.5538  GBP
0.25p ordinary		SWAP		Opening Long		42,922	11.5598  GBP
0.25p ordinary		SWAP		Opening Short		3,500	11.5422  GBP
0.25p ordinary		SWAP		Decreasing Short		80	11.5595  GBP
0.25p ordinary		SWAP		Opening Long		1,642	11.5152  GBP
0.25p ordinary		SWAP		Increasing Short		1,224	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		49	11.3293  GBP
0.25p ordinary		SWAP		Decreasing Short		7,888	11.5337  GBP
0.25p ordinary		SWAP		Decreasing Short		144,459	11.4753  GBP
0.25p ordinary		SWAP		Increasing Long		1	11.4298  GBP
0.25p ordinary		SWAP		Closing Short		188	11.5181  GBP
0.25p ordinary		SWAP		Opening Long		262	11.5181  GBP
0.25p ordinary		SWAP		Increasing Long		258	11.5849  GBP
0.25p ordinary		SWAP		Decreasing Short		1,318	11.4945  GBP
0.25p ordinary		SWAP		Closing Short		1,309	11.5600  GBP
0.25p ordinary		SWAP		Opening Long		3,126	11.5600  GBP
0.25p ordinary		SWAP		Increasing Short		14,882	11.5526  GBP
0.25p ordinary		SWAP		Decreasing Long		2,738	11.4739  GBP
0.25p ordinary		SWAP		Closing Long		62	11.5732  GBP
0.25p ordinary		SWAP		Decreasing Short		30	11.5721  GBP
0.25p ordinary		SWAP		Decreasing Long		31,020	11.4807  GBP
0.25p ordinary		SWAP		Decreasing Long		194,206	11.5600  GBP
0.25p ordinary		SWAP		Closing Long		2,061	11.5514  GBP
0.25p ordinary		SWAP		Opening Short		8,778	11.5514  GBP
0.25p ordinary		SWAP		Closing Short		32	11.5735  GBP
0.25p ordinary		SWAP		Decreasing Short		1,651	11.5464  GBP
0.25p ordinary		SWAP		Increasing Long		1,633	11.5059  GBP
0.25p ordinary		SWAP		Increasing Long		608	11.5059  GBP
0.25p ordinary		CFD		Increasing Short		896	11.5970  GBP
0.25p ordinary		SWAP		Closing Long		42,922	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		246	11.5595  GBP
0.25p ordinary		SWAP		Decreasing Short		195	11.4876  GBP
0.25p ordinary		SWAP		Decreasing Short		22,135	11.4571  GBP
0.25p ordinary		SWAP		Closing Long		183	11.5600  GBP
0.25p ordinary		SWAP		Increasing Long		2	11.4548  GBP
0.25p ordinary		SWAP		Decreasing Short		265	11.4515  GBP
0.25p ordinary		SWAP		Increasing Short		295	11.5589  GBP
0.25p ordinary		SWAP		Increasing Long		1,754	11.4888  GBP
0.25p ordinary		SWAP		Decreasing Long		10,041	11.4511  GBP
0.25p ordinary		SWAP		Closing Short		8,778	11.4353  GBP
0.25p ordinary		SWAP		Opening Long		9,739	11.4353  GBP
0.25p ordinary		SWAP		Decreasing Short		21,794	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		33,506	11.5085  GBP
0.25p ordinary		SWAP		Decreasing Short		250	11.5256  GBP
0.25p ordinary		SWAP		Decreasing Long		222	11.4601  GBP
0.25p ordinary		SWAP		Decreasing Short		42	11.5600  GBP
0.25p ordinary		SWAP		Increasing Short		677	11.5002  GBP
0.25p ordinary		SWAP		Decreasing Long		12,779	11.5448  GBP
0.25p ordinary		SWAP		Decreasing Long		1,058	11.4788  GBP
0.25p ordinary		SWAP		Closing Long		9,739	11.5507  GBP
0.25p ordinary		SWAP		Opening Short		2,421	11.5507  GBP
0.25p ordinary		SWAP		Increasing Short		11,491	11.4700  GBP
0.25p ordinary		SWAP		Decreasing Short		176	11.5684  GBP
0.25p ordinary		SWAP		Decreasing Short		24	11.5316  GBP
0.25p ordinary		SWAP		Increasing Long		408	11.4861  GBP
0.25p ordinary		SWAP		Decreasing Long		9,371	11.4717  GBP
0.25p ordinary		SWAP		Decreasing Short		113	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		6,996	11.5180  GBP
0.25p ordinary		SWAP		Decreasing Short		154	11.5594  GBP
0.25p ordinary		SWAP		Decreasing Short		2,394	11.4740  GBP
0.25p ordinary		SWAP		Increasing Long		4,501	11.5298  GBP
0.25p ordinary		SWAP		Decreasing Long		3,996	11.4798  GBP
0.25p ordinary		SWAP		Decreasing Short		1,273	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		4,437	11.4984  GBP
0.25p ordinary		SWAP		Increasing Short		339	11.5605  GBP
0.25p ordinary		SWAP		Decreasing Short		1,158	11.5324  GBP
0.25p ordinary		SWAP		Closing Long		50,571	11.4700  GBP
0.25p ordinary		SWAP		Opening Short		26,880	11.4700  GBP
0.25p ordinary		SWAP		Closing Short		1,035	11.5600  GBP
0.25p ordinary		SWAP		Opening Long		11,199	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		40,745	11.4914  GBP
0.25p ordinary		SWAP		Decreasing Short		3,461	11.4753  GBP
0.25p ordinary		SWAP		Decreasing Short		12,189	11.4974  GBP
0.25p ordinary		SWAP		Increasing Long		202	11.5600  GBP
0.25p ordinary		SWAP		Closing Short		989	11.5206  GBP
0.25p ordinary		SWAP		Increasing Short		508	11.3850  GBP
0.25p ordinary		SWAP		Increasing Long		2,386	11.5600  GBP
0.25p ordinary		SWAP		Decreasing Short		8,558	11.5027  GBP
0.25p ordinary		SWAP		Increasing Short		41,662	11.4400  GBP
0.25p ordinary		SWAP		Closing Short		48,303	11.4744  GBP
0.25p ordinary		SWAP		Opening Long		93,452	11.4744  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:				02 Sep 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END