Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

15 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:				14 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:			1,776,566	1.99%	270,566	0.30%
(2)	Cash-settled derivatives:
	and/or controlled:			265,328	0.30%	1,770,243	1.99%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			2,041,894	2.29%	2,040,809	2.29%
(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		395,889		11.5500  GBP	11.1070  GBP
0.25p ordinary		Sale		248,738		11.3200  GBP	11.1802  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		2,035	11.2400  GBP
0.25p ordinary		SWAP		Decreasing Short		4,320	11.2183  GBP
0.25p ordinary		SWAP		Decreasing Short		504	11.2155  GBP
0.25p ordinary		SWAP		Increasing Long		997	11.2400  GBP
0.25p ordinary		SWAP		Decreasing Long		48	11.2800  GBP
0.25p ordinary		SWAP		Increasing Long		3,432	11.2400  GBP
0.25p ordinary		SWAP		Increasing Short		12,295	11.2505  GBP
0.25p ordinary		SWAP		Increasing Short		13,754	11.2505  GBP
0.25p ordinary		SWAP		Increasing Short		521	11.2157  GBP
0.25p ordinary		SWAP		Increasing Short		1,965	11.2262  GBP
0.25p ordinary		SWAP		Decreasing Long		11,393	11.2535  GBP
0.25p ordinary		SWAP		Decreasing Short		9,643	11.2405  GBP
0.25p ordinary		SWAP		Increasing Short		27,000	11.1077  GBP
0.25p ordinary		SWAP		Increasing Short		53,629	11.2419  GBP
0.25p ordinary		SWAP		Increasing Short		22	11.5500  GBP
0.25p ordinary		SWAP		Decreasing Long		1,843	11.2503  GBP
0.25p ordinary		SWAP		Decreasing Long		684	11.2503  GBP
0.25p ordinary		CFD		Decreasing Long		349	11.3025  GBP
0.25p ordinary		CFD		Decreasing Short		2,599	11.1962  GBP
0.25p ordinary		CFD		Decreasing Short		7,422	11.2095  GBP
0.25p ordinary		SWAP		Increasing Short		1,068	11.3009  GBP
0.25p ordinary		SWAP		Increasing Short		67	11.2207  GBP
0.25p ordinary		SWAP		Opening Short		253	11.2932  GBP
0.25p ordinary		SWAP		Opening Long		5,292	11.2479  GBP
0.25p ordinary		SWAP		Increasing Long		285	11.2292  GBP
0.25p ordinary		SWAP		Decreasing Long		195	11.2646  GBP
0.25p ordinary		SWAP		Increasing Short		6,370	11.2135  GBP
0.25p ordinary		SWAP		Decreasing Short		5,214	11.2515  GBP
0.25p ordinary		SWAP		Increasing Short		8,100	11.4018  GBP
0.25p ordinary		SWAP		Increasing Short		1,227	11.3440  GBP
0.25p ordinary		SWAP		Decreasing Short		32	11.2300  GBP
0.25p ordinary		CFD		Increasing Short		20,390	11.2400  GBP
0.25p ordinary		SWAP		Increasing Short		16,820	11.2486  GBP
0.25p ordinary		SWAP		Increasing Long		132	11.2300  GBP
0.25p ordinary		SWAP		Decreasing Long		836	11.2625  GBP
0.25p ordinary		SWAP		Increasing Short		8,580	11.2394  GBP
0.25p ordinary		SWAP		Increasing Short		13,517	11.2411  GBP
0.25p ordinary		SWAP		Increasing Short		16,200	11.2156  GBP
0.25p ordinary		SWAP		Increasing Short		103	11.3800  GBP
0.25p ordinary		SWAP		Closing Short		17,073	11.2400  GBP
0.25p ordinary		SWAP		Closing Long		869	11.2884  GBP
0.25p ordinary		SWAP		Opening Short		208	11.2884  GBP
0.25p ordinary		SWAP		Increasing Short		8,985	11.2303  GBP
0.25p ordinary		SWAP		Increasing Short		6,282	11.2400  GBP
0.25p ordinary		SWAP		Increasing Short		16,200	11.1705  GBP
0.25p ordinary		SWAP		Decreasing Short		522	11.2400  GBP
0.25p ordinary		SWAP		Closing Short		208	11.3200  GBP
0.25p ordinary		SWAP		Increasing Short		10,471	11.2400  GBP
0.25p ordinary		SWAP		Increasing Short		365	11.2100  GBP
0.25p ordinary		SWAP		Increasing Short		1,826	11.2400  GBP
0.25p ordinary		SWAP		Decreasing Short		56,327	11.2500  GBP
0.25p ordinary		SWAP		Decreasing Short		16,939	11.2500  GBP
0.25p ordinary		SWAP		Decreasing Short		16,939	11.2500  GBP
0.25p ordinary		SWAP		Increasing Short		810	11.2719  GBP
0.25p ordinary		SWAP		Increasing Short		6,715	11.2545  GBP
0.25p ordinary		SWAP		Increasing Short		26,052	11.2427  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:				15 Sep 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END