Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

14 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:				11 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:			1,636,539	1.84%	277,690	0.31%
(2)	Cash-settled derivatives:
	and/or controlled:			271,407	0.30%	1,630,225	1.83%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,907,946	2.14%	1,907,915	2.14%
(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		546,098		11.7800  GBP	11.1560  GBP
0.25p ordinary		Sale		442,142		11.7420  GBP	11.0900  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		4,304	11.4058  GBP
0.25p ordinary		SWAP		Decreasing Short		14,385	11.2947  GBP
0.25p ordinary		SWAP		Decreasing Short		4,032	11.3200  GBP
0.25p ordinary		SWAP		Decreasing Long		336	11.4000  GBP
0.25p ordinary		SWAP		Decreasing Short		1,246	11.3526  GBP
0.25p ordinary		SWAP		Decreasing Long		14,789	11.4000  GBP
0.25p ordinary		SWAP		Increasing Short		21,678	11.3482  GBP
0.25p ordinary		SWAP		Increasing Short		25,876	11.3727  GBP
0.25p ordinary		SWAP		Increasing Short		2,690	11.4911  GBP
0.25p ordinary		SWAP		Increasing Short		169	11.4152  GBP
0.25p ordinary		SWAP		Increasing Short		26,729	11.4022  GBP
0.25p ordinary		SWAP		Decreasing Long		1,027	11.4038  GBP
0.25p ordinary		SWAP		Decreasing Long		7,428	11.2457  GBP
0.25p ordinary		SWAP		Increasing Short		659	11.4005  GBP
0.25p ordinary		SWAP		Increasing Short		129,176	11.2971  GBP
0.25p ordinary		SWAP		Opening Short		19	11.2442  GBP
0.25p ordinary		SWAP		Increasing Long		2,911	11.3395  GBP
0.25p ordinary		SWAP		Increasing Long		1,082	11.3395  GBP
0.25p ordinary		CFD		Closing Short		4,996	11.3084  GBP
0.25p ordinary		CFD		Increasing Short		474	11.7807  GBP
0.25p ordinary		CFD		Opening Short		18,711	11.4000  GBP
0.25p ordinary		CFD		Closing Short		6,742	11.3084  GBP
0.25p ordinary		SWAP		Increasing Short		849	11.7809  GBP
0.25p ordinary		SWAP		Increasing Short		1,953	11.3444  GBP
0.25p ordinary		SWAP		Decreasing Short		11,000	11.3261  GBP
0.25p ordinary		SWAP		Closing Short		3,500	11.1672  GBP
0.25p ordinary		SWAP		Opening Short		10,207	11.2476  GBP
0.25p ordinary		SWAP		Increasing Long		2,000	11.1127  GBP
0.25p ordinary		SWAP		Opening Long		5,286	11.2809  GBP
0.25p ordinary		SWAP		Decreasing Short		78,907	11.2067  GBP
0.25p ordinary		SWAP		Decreasing Long		466	11.3168  GBP
0.25p ordinary		SWAP		Decreasing Short		745	11.4000  GBP
0.25p ordinary		SWAP		Increasing Short		14,455	11.3833  GBP
0.25p ordinary		SWAP		Decreasing Long		478	11.3060  GBP
0.25p ordinary		SWAP		Decreasing Long		2,346	11.4000  GBP
0.25p ordinary		SWAP		Decreasing Short		7,983	11.2607  GBP
0.25p ordinary		SWAP		Increasing Short		1,286	11.3475  GBP
0.25p ordinary		CFD		Decreasing Short		2,506	11.3565  GBP
0.25p ordinary		SWAP		Increasing Short		2,000	11.4111  GBP
0.25p ordinary		SWAP		Closing Short		10,207	11.4000  GBP
0.25p ordinary		SWAP		Increasing Short		2,221	11.3950  GBP
0.25p ordinary		SWAP		Decreasing Long		450	11.2609  GBP
0.25p ordinary		SWAP		Decreasing Long		249	11.4000  GBP
0.25p ordinary		SWAP		Increasing Short		27,174	11.2652  GBP
0.25p ordinary		SWAP		Increasing Short		30	11.3400  GBP
0.25p ordinary		SWAP		Decreasing Short		2,699	11.3519  GBP
0.25p ordinary		SWAP		Decreasing Long		11,250	11.3140  GBP
0.25p ordinary		SWAP		Decreasing Short		27,647	11.3288  GBP
0.25p ordinary		SWAP		Increasing Short		777	11.3804  GBP
0.25p ordinary		SWAP		Closing Short		1,291	11.6345  GBP
0.25p ordinary		SWAP		Opening Long		503	11.6345  GBP
0.25p ordinary		SWAP		Increasing Long		232	11.2057  GBP
0.25p ordinary		SWAP		Decreasing Short		33	11.4000  GBP
0.25p ordinary		SWAP		Increasing Long		358	11.2137  GBP
0.25p ordinary		SWAP		Increasing Long		158	11.1900  GBP
0.25p ordinary		SWAP		Increasing Short		1,740	11.4000  GBP
0.25p ordinary		SWAP		Increasing Long		323	11.4922  GBP
0.25p ordinary		SWAP		Increasing Long		11	11.4000  GBP
0.25p ordinary		SWAP		Decreasing Short		133,092	11.0900  GBP
0.25p ordinary		SWAP		Increasing Long		764	11.2469  GBP
0.25p ordinary		SWAP		Increasing Long		5,408	11.0900  GBP
0.25p ordinary		SWAP		Increasing Short		4,392	11.3434  GBP
0.25p ordinary		SWAP		Decreasing Long		12,248	11.2439  GBP
0.25p ordinary		SWAP		Increasing Short		2,410	11.3830  GBP
0.25p ordinary		SWAP		Decreasing Long		13,238	11.2397  GBP
0.25p ordinary		SWAP		Decreasing Short		659	11.1650  GBP
0.25p ordinary		SWAP		Closing Long		72,436	11.3001  GBP
0.25p ordinary		SWAP		Opening Short		46,816	11.3001  GBP
0.25p ordinary		SWAP		Increasing Short		6,529	11.3878  GBP
0.25p ordinary		SWAP		Decreasing Short		327	11.3094  GBP
0.25p ordinary		SWAP		Closing Short		46,489	11.2672  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:				14 Sep 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END