Share buyback programme

Summary by AI ^BETAClose X

Gamma Communications plc has initiated a share buyback programme managed by Investec Bank plc, with an aggregate purchase of up to £42.5 million in ordinary shares. This programme, authorized by shareholders at the 2025 AGM and set to continue until the earlier of the maximum consideration being reached or December 31, 2026, aims to reduce share capital through cancellation or to meet obligations from share option programmes by holding shares in treasury. Purchases will comply with market abuse regulations and will be conducted independently of the company during closed periods.

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Gamma Communications PLC

13 January 2026

Gamma Communications plc

Share buyback programme

Gamma Communications plc ("Gamma" or the "Company"), a leading European provider of business-critical communications technology, announces that, from today, it has appointed Investec Bank plc ("Investec") to manage a share buyback programme to purchase ordinary shares of 0.25 pence each in the Company ("Shares") for an aggregate purchase of up to £42.5m (the "Programme"), within certain pre-set parameters. The existing buy-back authority was conferred by shareholders at the Company's last annual general meeting on 15 May 2025 (the "2025 AGM"). This authority is due to expire at the Company's next AGM and a resolution will be proposed at the forthcoming AGM (the "2026 AGM") to refresh this authority. The Company has authorised the Programme to continue until the earlier of: (i) the maximum aggregate consideration payable by the Company has been reached or (ii) 31 December 2026, subject to the maximum aggregate number of shares not exceeding the authority conferred by shareholders at the 2025 AGM or any renewal of such authority at the 2026 AGM. Shares acquired under the Programme will either be cancelled or held in treasury as described below.

The Programme will be conducted by the Company in accordance with and under the terms of the general authority granted to the Board by the Company's shareholders. The Programme will also be effected within the provisions of the UK version of the Market Abuse Regulation (Regulation (EU) No 596/2014) as incorporated into UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Share purchases will be made by Investec on the Company's behalf and, in the case of any purchases made during closed periods, shall be made independently of and uninfluenced by the Company.

Any purchases will be conducted in compliance with the relevant conditions for trading, restrictions regarding time and volume, disclosure and reporting obligations, and price conditions. The purpose of the Programme is to reduce the Company's share capital (any Shares repurchased for this purpose will be cancelled) and to enable the Company to meet obligations arising from share option programmes (any Shares repurchased for this purpose will be held in treasury).

The Company will make further announcements in due course following the completion of any repurchases. There is no guarantee that the Programme will be implemented in full or that any Shares will be repurchased by the Company.

Enquiries:
Gamma Communications plc Andrew Belshaw, Chief Executive Officer Bill Castell, Chief Financial Officer Rachael Matzopoulos, Company Secretary	Tel: +44 (0)333 006 5972
Investec (Joint Broker) Patrick Robb / Virginia Bull	Tel: +44 (0)207 597 5970

Peel Hunt (Joint Broker) Neil Patel / Benjamin Cryer / Kate Bannatyne	Tel: +44 (0)207 418 8900
Teneo (Financial PR Adviser) James Macey White / Matt Low	Tel: +44 (0)207 353 4200

Notes for editors:

Gamma Communications plc is a leading European provider of business-critical communications technology. Our unrivalled channel partner network connects major technology vendors with tens of thousands of SMEs, as well as large corporates and the public sector. Gamma combines its proprietary solutions with leading third-party cloud platforms, its own network and a high quality of service, to help customers communicate and collaborate more effectively.

Our broad and expanding portfolio - including cloud communications software (telephony, messaging, video, customer experience), calling, network connectivity, AI-driven automation, cyber security and managed services - enables customers of any size to deploy end-to-end communications and IT solutions via a single provider.

In the UK, Gamma Business serves SMEs via an extensive network of over 1,500 channel partners. For larger corporate and public sector organisations, Gamma Enterprise engages directly to design and support complex, integrated communications solutions.

In Europe, Gamma has its largest presence in Germany, delivering services to SMEs through both partners and its own self-service digital platform, and is recognised as one of the country's leading cloud communications providers.

With over 2,000 employees, Gamma is a FTSE 250 company listed on the London Stock Exchange (ticker: GAMA). More information can be found at: gammagroup.co

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