Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

03 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:				02 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:			1,605,361	1.80%	248,336	0.28%
(2)	Cash-settled derivatives:
	and/or controlled:			245,475	0.28%	1,575,405	1.77%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,850,836	2.08%	1,823,741	2.05%
(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		526,734		11.5911  GBP	11.4773  GBP
0.25p ordinary		Sale		336,115		11.5909  GBP	11.5500  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		Decreasing Short		2,573	11.5909  GBP
0.25p ordinary		SWAP		Increasing Short		402	11.5741  GBP
0.25p ordinary		SWAP		Decreasing Short		116	11.5900  GBP
0.25p ordinary		SWAP		Increasing Short		16,354	11.5708  GBP
0.25p ordinary		SWAP		Closing Long		42	11.5601  GBP
0.25p ordinary		SWAP		Opening Short		34	11.5601  GBP
0.25p ordinary		SWAP		Increasing Long		479	11.5700  GBP
0.25p ordinary		SWAP		Decreasing Long		1,265	11.5900  GBP
0.25p ordinary		SWAP		Opening Short		66	11.5900  GBP
0.25p ordinary		SWAP		Decreasing Short		8,026	11.5900  GBP
0.25p ordinary		SWAP		Decreasing Short		6,609	11.5650  GBP
0.25p ordinary		SWAP		Opening Short		3,352	11.5650  GBP
0.25p ordinary		SWAP		Increasing Short		2,032	11.5650  GBP
0.25p ordinary		SWAP		Decreasing Short		4	11.5850  GBP
0.25p ordinary		SWAP		Decreasing Short		1,019	11.5797  GBP
0.25p ordinary		SWAP		Decreasing Long		716	11.5900  GBP
0.25p ordinary		SWAP		Closing Short		1	11.5900  GBP
0.25p ordinary		SWAP		Closing Long		4,108	11.4773  GBP
0.25p ordinary		SWAP		Decreasing Long		9,030	11.5703  GBP
0.25p ordinary		SWAP		Increasing Long		2,423	11.5701  GBP
0.25p ordinary		SWAP		Increasing Short		179,814	11.5700  GBP
0.25p ordinary		SWAP		Increasing Short		2,467	11.5841  GBP
0.25p ordinary		SWAP		Increasing Long		2,686	11.5796  GBP
0.25p ordinary		SWAP		Increasing Long		998	11.5796  GBP
0.25p ordinary		CFD		Decreasing Short		336	11.5600  GBP
0.25p ordinary		CFD		Increasing Long		9	11.5733  GBP
0.25p ordinary		CFD		Decreasing Short		5,263	11.5696  GBP
0.25p ordinary		CFD		Increasing Short		6,693	11.5751  GBP
0.25p ordinary		CFD		Closing Short		9,335	11.5900  GBP
0.25p ordinary		CFD		Decreasing Short		1,066	11.5696  GBP
0.25p ordinary		SWAP		Decreasing Short		298	11.5670  GBP
0.25p ordinary		SWAP		Increasing Short		478	11.5709  GBP
0.25p ordinary		SWAP		Increasing Short		1,486	11.5855  GBP
0.25p ordinary		SWAP		Decreasing Long		3,036	11.5902  GBP
0.25p ordinary		SWAP		Opening Short		2,260	11.5650  GBP
0.25p ordinary		SWAP		Closing Short		1	11.5895  GBP
0.25p ordinary		SWAP		Opening Long		96	11.5700  GBP
0.25p ordinary		SWAP		Opening Short		4,135	11.5714  GBP
0.25p ordinary		SWAP		Increasing Short		38	11.5905  GBP
0.25p ordinary		SWAP		Increasing Long		128	11.5800  GBP
0.25p ordinary		SWAP		Decreasing Short		7,644	11.5650  GBP
0.25p ordinary		SWAP		Increasing Short		2,758	11.5650  GBP
0.25p ordinary		SWAP		Increasing Short		1,838	11.5650  GBP
0.25p ordinary		SWAP		Decreasing Short		3,139	11.5677  GBP
0.25p ordinary		SWAP		Decreasing Long		788	11.5726  GBP
0.25p ordinary		SWAP		Decreasing Long		11,790	11.5900  GBP
0.25p ordinary		SWAP		Increasing Long		10,028	11.5683  GBP
0.25p ordinary		SWAP		Increasing Short		87,002	11.5751  GBP
0.25p ordinary		CFD		Closing Short		496	11.5865  GBP
0.25p ordinary		SWAP		Increasing Short		2,013	11.5650  GBP
0.25p ordinary		SWAP		Closing Long		96	11.5714  GBP
0.25p ordinary		SWAP		Increasing Short		351	11.5603  GBP
0.25p ordinary		SWAP		Decreasing Short		449	11.5894  GBP
0.25p ordinary		SWAP		Increasing Short		15,371	11.5877  GBP
0.25p ordinary		SWAP		Increasing Short		1,367	11.5669  GBP
0.25p ordinary		SWAP		Increasing Short		912	11.5669  GBP
0.25p ordinary		SWAP		Decreasing Short		5	11.5700  GBP
0.25p ordinary		SWAP		Increasing Long		1,010	11.5580  GBP
0.25p ordinary		SWAP		Decreasing Long		16,767	11.5905  GBP
0.25p ordinary		SWAP		Decreasing Short		3,884	11.5551  GBP
0.25p ordinary		SWAP		Increasing Short		999	11.5669  GBP
0.25p ordinary		SWAP		Closing Short		4,486	11.5900  GBP
0.25p ordinary		SWAP		Decreasing Short		931	11.5894  GBP
0.25p ordinary		SWAP		Decreasing Short		29,928	11.5900  GBP
0.25p ordinary		SWAP		Decreasing Long		1,076	11.5724  GBP
0.25p ordinary		SWAP		Closing Long		9,471	11.5832  GBP
0.25p ordinary		SWAP		Opening Short		5,609	11.5832  GBP
0.25p ordinary		SWAP		Increasing Short		474	11.5911  GBP
0.25p ordinary		SWAP		Closing Short		9,806	11.5699  GBP
0.25p ordinary		SWAP		Opening Long		449	11.5699  GBP
0.25p ordinary		SWAP		Decreasing Short		530	11.5806  GBP
0.25p ordinary		SWAP		Increasing Long		285	11.5650  GBP
0.25p ordinary		SWAP		Decreasing Short		390	11.5900  GBP
0.25p ordinary		SWAP		Decreasing Short		12,157	11.5900  GBP
0.25p ordinary		SWAP		Increasing Long		1,885	11.5900  GBP
0.25p ordinary		SWAP		Decreasing Short		425	11.5900  GBP
0.25p ordinary		SWAP		Decreasing Short		37,287	11.5900  GBP
0.25p ordinary		SWAP		Decreasing Long		99	11.5900  GBP
0.25p ordinary		SWAP		Decreasing Short		230	11.5900  GBP
0.25p ordinary		SWAP		Decreasing Short		168	11.5600  GBP
0.25p ordinary		SWAP		Increasing Long		4,052	11.5900  GBP
0.25p ordinary		SWAP		Decreasing Short		295	11.5900  GBP
0.25p ordinary		SWAP		Decreasing Short		5,006	11.5671  GBP
0.25p ordinary		SWAP		Increasing Long		11,177	11.5900  GBP
0.25p ordinary		SWAP		Decreasing Short		12,624	11.5567  GBP
0.25p ordinary		SWAP		Increasing Long		4,426	11.5675  GBP
0.25p ordinary		SWAP		Increasing Long		4,386	11.5697  GBP
0.25p ordinary		SWAP		Decreasing Long		17,559	11.5638  GBP
0.25p ordinary		SWAP		Increasing Long		14,231	11.5571  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:				03 Sep 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END