Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

16 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:				15 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:			1,777,053	1.99%	278,883	0.31%
(2)	Cash-settled derivatives:
	and/or controlled:			274,564	0.31%	1,770,702	1.99%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			2,051,617	2.30%	2,049,585	2.30%
(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		149,627		11.3000  GBP	11.1800  GBP
0.25p ordinary		Sale		157,457		11.2900  GBP	11.1976  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		Closing Short		550	11.2401  GBP
0.25p ordinary		SWAP		Decreasing Short		3,861	11.2799  GBP
0.25p ordinary		SWAP		Decreasing Short		590	11.2599  GBP
0.25p ordinary		SWAP		Increasing Long		2,280	11.2800  GBP
0.25p ordinary		SWAP		Opening Short		2,949	11.2800  GBP
0.25p ordinary		SWAP		Increasing Long		12,790	11.2800  GBP
0.25p ordinary		SWAP		Increasing Short		2,245	11.2484  GBP
0.25p ordinary		SWAP		Increasing Short		11,286	11.2484  GBP
0.25p ordinary		SWAP		Decreasing Short		1,428	11.2373  GBP
0.25p ordinary		SWAP		Increasing Short		3,200	11.2734  GBP
0.25p ordinary		SWAP		Opening Short		7,621	11.2799  GBP
0.25p ordinary		SWAP		Decreasing Long		7,971	11.2800  GBP
0.25p ordinary		SWAP		Decreasing Short		2,904	11.2744  GBP
0.25p ordinary		SWAP		Increasing Short		13,500	11.2078  GBP
0.25p ordinary		SWAP		Increasing Short		1,393	11.2536  GBP
0.25p ordinary		SWAP		Increasing Short		14	11.2500  GBP
0.25p ordinary		SWAP		Decreasing Long		1,306	11.2406  GBP
0.25p ordinary		SWAP		Decreasing Long		486	11.2406  GBP
0.25p ordinary		CFD		Decreasing Long		3,766	11.2333  GBP
0.25p ordinary		CFD		Decreasing Short		1,325	11.2250  GBP
0.25p ordinary		CFD		Decreasing Short		2,121	11.2734  GBP
0.25p ordinary		SWAP		Increasing Short		1,156	11.2408  GBP
0.25p ordinary		SWAP		Decreasing Short		15,856	11.2595  GBP
0.25p ordinary		SWAP		Increasing Long		1,361	11.2177  GBP
0.25p ordinary		SWAP		Opening Long		5,694	11.2423  GBP
0.25p ordinary		SWAP		Decreasing Short		8,258	11.2195  GBP
0.25p ordinary		SWAP		Increasing Long		341	11.2729  GBP
0.25p ordinary		SWAP		Decreasing Short		948	11.2800  GBP
0.25p ordinary		SWAP		Increasing Short		4,119	11.2659  GBP
0.25p ordinary		SWAP		Increasing Short		258	11.2585  GBP
0.25p ordinary		SWAP		Decreasing Short		9,178	11.2558  GBP
0.25p ordinary		SWAP		Increasing Short		404	11.2500  GBP
0.25p ordinary		SWAP		Closing Short		23	11.2800  GBP
0.25p ordinary		CFD		Increasing Short		7,305	11.2337  GBP
0.25p ordinary		CFD		Decreasing Short		29,002	11.2800  GBP
0.25p ordinary		SWAP		Increasing Long		299	11.2155  GBP
0.25p ordinary		SWAP		Decreasing Short		2,688	11.2411  GBP
0.25p ordinary		SWAP		Increasing Short		948	11.2350  GBP
0.25p ordinary		SWAP		Decreasing Short		322	11.2346  GBP
0.25p ordinary		SWAP		Decreasing Short		82	11.2325  GBP
0.25p ordinary		SWAP		Increasing Short		3,913	11.2191  GBP
0.25p ordinary		SWAP		Increasing Short		6,324	11.2800  GBP
0.25p ordinary		CFD		Closing Short		556	11.2500  GBP
0.25p ordinary		SWAP		Increasing Short		1,343	11.2831  GBP
0.25p ordinary		SWAP		Increasing Short		264	11.2600  GBP
0.25p ordinary		SWAP		Decreasing Short		9,979	11.2800  GBP
0.25p ordinary		SWAP		Decreasing Short		71	11.2800  GBP
0.25p ordinary		SWAP		Increasing Short		158	11.2461  GBP
0.25p ordinary		SWAP		Decreasing Short		7	11.2800  GBP
0.25p ordinary		SWAP		Increasing Short		464	11.2012  GBP
0.25p ordinary		SWAP		Decreasing Short		137	11.2345  GBP
0.25p ordinary		SWAP		Decreasing Short		3,986	11.2800  GBP
0.25p ordinary		SWAP		Increasing Short		2,519	11.2100  GBP
0.25p ordinary		SWAP		Increasing Short		28	11.2800  GBP
0.25p ordinary		SWAP		Decreasing Short		1,189	11.2800  GBP
0.25p ordinary		SWAP		Increasing Short		13,176	11.2449  GBP
0.25p ordinary		SWAP		Decreasing Short		24	11.2800  GBP
0.25p ordinary		SWAP		Increasing Short		3,252	11.2148  GBP
0.25p ordinary		SWAP		Increasing Short		2,894	11.2400  GBP
0.25p ordinary		SWAP		Decreasing Short		312	11.2266  GBP
0.25p ordinary		SWAP		Increasing Short		15,254	11.2441  GBP
0.25p ordinary		SWAP		Decreasing Short		10,131	11.2073  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:				16 Sep 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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