Transaction in Own Shares

Gamma Communications PLC

05 June 2026

 

5 June 2026

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION                    

Gamma Communications plc

Transaction in Own Shares and Rule 2.9 Announcement

Gamma Communications plc ("Gamma" or the "Company") announces today that in accordance with the terms of its share buyback programme announced on 13 January 2026 (the "Buyback Programme"), it has purchased the following number of its ordinary shares of 0.25 pence each ("ordinary shares") through Investec Bank plc ("Investec").

Ordinary shares

Date of purchase:	4 June 2026
Number of ordinary shares purchased:	23,363
Lowest price per share (pence):	943.00
Highest price per share (pence):	957.00
Weighted average price per day (pence):	951.1654

 The Company intends to cancel the purchased ordinary shares.

Following settlement of the above purchases, Gamma has purchased a total of 1,971,476 ordinary shares since the commencement of the buyback programme and will have 91,792,875 ordinary shares in issue. There are 1,552,152 ordinary shares held in treasury. The total voting rights in the Company are therefore 90,240,723 and this can be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Rule 2.9

The Company announced on 7 April 2026 that it had entered into an offer period. The ordinary shares are relevant securities of Gamma for the purposes of Rule 8 of The City Code on Takeovers and Mergers (the "Code"). In accordance with Rule 2.9 of the Code, the Company confirms that it has 90,240,723 ordinary shares in issue (excluding treasury shares) as at the date and time of this announcement. The ordinary shares are voting shares (each such ordinary share carries one vote per ordinary share) and are admitted to trading on the main market of the London Stock Exchange under the International Securities Identification Number GB00BQS10J50 and the Company's LEI number is 213800LAQZXPRIZUEH50.

Aggregate information:

Venue	Volume-weighted average price (p)	Aggregated volume	Lowest price per share (p)	Highest price per share (p)
XLON	951.1654	23,363	943.00	957.00

Schedule of Purchases - Individual Transactions

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it forms part of UK law, a full breakdown of the individual trades made by Investec on behalf of the Company as part of the Programme is found below.

Date and time of each trade	Number of shares purchased	Price (pence per share)	Trading Venue	Transaction Reference Number
04 June 2026 08:06:04	267	951.00	XLON	00397049185TRLO1
04 June 2026 08:11:18	96	950.50	XLON	00397053793TRLO1
04 June 2026 08:11:18	154	950.50	XLON	00397053794TRLO1
04 June 2026 08:21:00	261	949.50	XLON	00397063679TRLO1
04 June 2026 08:29:03	23	948.00	XLON	00397073184TRLO1
04 June 2026 08:32:47	267	948.00	XLON	00397077394TRLO1
04 June 2026 08:32:55	173	948.00	XLON	00397077597TRLO1
04 June 2026 08:39:22	270	949.00	XLON	00397085411TRLO1
04 June 2026 08:43:35	269	947.50	XLON	00397091603TRLO1
04 June 2026 08:52:46	216	946.50	XLON	00397102596TRLO1
04 June 2026 09:06:05	263	947.50	XLON	00397117396TRLO1
04 June 2026 09:06:06	256	947.00	XLON	00397117432TRLO1
04 June 2026 09:15:59	252	947.00	XLON	00397130529TRLO1
04 June 2026 09:18:47	253	946.50	XLON	00397134249TRLO1
04 June 2026 09:20:07	263	949.00	XLON	00397136027TRLO1
04 June 2026 09:30:00	44	947.50	XLON	00397149123TRLO1
04 June 2026 09:30:00	114	947.50	XLON	00397149122TRLO1
04 June 2026 09:30:00	112	947.50	XLON	00397149121TRLO1
04 June 2026 09:35:21	44	947.50	XLON	00397155306TRLO1
04 June 2026 09:35:21	226	947.50	XLON	00397155305TRLO1
04 June 2026 09:41:01	226	946.50	XLON	00397161783TRLO1
04 June 2026 09:41:01	22	946.50	XLON	00397161782TRLO1
04 June 2026 09:41:01	22	946.50	XLON	00397161781TRLO1
04 June 2026 10:09:10	263	945.00	XLON	00397195438TRLO1
04 June 2026 10:10:57	1	943.50	XLON	00397197813TRLO1
04 June 2026 10:10:57	3	943.50	XLON	00397197812TRLO1
04 June 2026 10:12:28	265	943.50	XLON	00397199926TRLO1
04 June 2026 10:12:28	252	943.00	XLON	00397199927TRLO1
04 June 2026 10:18:12	119	943.00	XLON	00397209090TRLO1
04 June 2026 10:18:12	58	943.00	XLON	00397209089TRLO1
04 June 2026 10:31:07	65	946.00	XLON	00397227616TRLO1
04 June 2026 10:31:07	4	946.00	XLON	00397227615TRLO1
04 June 2026 10:31:07	65	946.00	XLON	00397227617TRLO1
04 June 2026 10:35:04	118	946.00	XLON	00397233515TRLO1
04 June 2026 10:40:01	27	947.50	XLON	00397240469TRLO1
04 June 2026 10:41:03	252	950.00	XLON	00397241490TRLO1
04 June 2026 10:41:04	271	950.50	XLON	00397241492TRLO1
04 June 2026 10:41:04	250	951.00	XLON	00397241493TRLO1
04 June 2026 10:42:37	51	951.50	XLON	00397242959TRLO1
04 June 2026 10:49:11	103	952.00	XLON	00397249953TRLO1
04 June 2026 10:49:11	158	952.00	XLON	00397249952TRLO1
04 June 2026 10:49:11	82	952.00	XLON	00397249954TRLO1
04 June 2026 10:54:31	253	952.00	XLON	00397254340TRLO1
04 June 2026 10:56:01	45	953.50	XLON	00397255133TRLO1
04 June 2026 10:56:01	46	953.50	XLON	00397255132TRLO1
04 June 2026 10:56:16	2	954.00	XLON	00397255228TRLO1
04 June 2026 10:56:16	29	954.00	XLON	00397255227TRLO1
04 June 2026 10:56:16	31	954.00	XLON	00397255226TRLO1
04 June 2026 10:56:16	30	954.00	XLON	00397255225TRLO1
04 June 2026 10:57:01	31	954.00	XLON	00397255618TRLO1
04 June 2026 10:57:01	32	954.00	XLON	00397255617TRLO1
04 June 2026 10:57:01	31	954.00	XLON	00397255619TRLO1
04 June 2026 10:57:20	31	954.00	XLON	00397255791TRLO1
04 June 2026 10:57:20	29	954.00	XLON	00397255790TRLO1
04 June 2026 10:57:20	63	954.00	XLON	00397255789TRLO1
04 June 2026 10:57:20	65	954.00	XLON	00397255788TRLO1
04 June 2026 10:57:20	61	954.00	XLON	00397255787TRLO1
04 June 2026 10:58:00	67	953.50	XLON	00397256024TRLO1
04 June 2026 10:58:00	103	953.50	XLON	00397256023TRLO1
04 June 2026 10:58:00	87	953.50	XLON	00397256022TRLO1
04 June 2026 10:59:01	36	953.00	XLON	00397256301TRLO1
04 June 2026 10:59:01	8	953.00	XLON	00397256300TRLO1
04 June 2026 11:00:17	83	952.50	XLON	00397256493TRLO1
04 June 2026 11:00:17	128	952.50	XLON	00397256492TRLO1
04 June 2026 11:00:17	46	952.50	XLON	00397256491TRLO1
04 June 2026 11:07:00	263	950.00	XLON	00397256720TRLO1
04 June 2026 11:24:00	256	948.00	XLON	00397257246TRLO1
04 June 2026 11:24:33	273	947.00	XLON	00397257266TRLO1
04 June 2026 11:29:00	106	947.50	XLON	00397258006TRLO1
04 June 2026 11:29:00	106	947.50	XLON	00397258005TRLO1
04 June 2026 11:29:00	33	947.50	XLON	00397258004TRLO1
04 June 2026 11:30:01	139	946.50	XLON	00397258039TRLO1
04 June 2026 11:30:01	106	946.50	XLON	00397258038TRLO1
04 June 2026 11:38:22	32	946.50	XLON	00397258373TRLO1
04 June 2026 11:50:06	249	946.00	XLON	00397258713TRLO1
04 June 2026 12:05:00	43	947.00	XLON	00397259309TRLO1
04 June 2026 12:05:00	68	947.00	XLON	00397259310TRLO1
04 June 2026 12:25:35	10	949.00	XLON	00397260144TRLO1
04 June 2026 12:25:48	73	949.50	XLON	00397260149TRLO1
04 June 2026 12:25:54	69	949.50	XLON	00397260157TRLO1
04 June 2026 12:27:52	79	950.00	XLON	00397260221TRLO1
04 June 2026 12:30:28	203	949.00	XLON	00397260310TRLO1
04 June 2026 12:30:28	69	949.00	XLON	00397260309TRLO1
04 June 2026 12:32:03	250	947.50	XLON	00397260380TRLO1
04 June 2026 12:36:03	263	946.50	XLON	00397260580TRLO1
04 June 2026 12:37:57	251	946.50	XLON	00397260670TRLO1
04 June 2026 12:37:57	257	946.50	XLON	00397260671TRLO1
04 June 2026 12:41:01	107	946.50	XLON	00397260800TRLO1
04 June 2026 12:41:01	107	946.50	XLON	00397260799TRLO1
04 June 2026 12:41:01	43	946.50	XLON	00397260801TRLO1
04 June 2026 12:56:00	10	947.50	XLON	00397261585TRLO1
04 June 2026 13:09:09	259	948.50	XLON	00397262277TRLO1
04 June 2026 13:09:11	107	948.50	XLON	00397262293TRLO1
04 June 2026 13:16:30	268	950.00	XLON	00397262573TRLO1
04 June 2026 13:17:45	268	950.50	XLON	00397262606TRLO1
04 June 2026 13:17:45	268	951.00	XLON	00397262607TRLO1
04 June 2026 13:19:00	90	949.50	XLON	00397262673TRLO1
04 June 2026 13:19:00	90	949.50	XLON	00397262672TRLO1
04 June 2026 13:19:00	72	949.50	XLON	00397262674TRLO1
04 June 2026 13:20:01	130	949.00	XLON	00397262708TRLO1
04 June 2026 13:20:01	130	949.00	XLON	00397262707TRLO1
04 June 2026 13:49:29	261	952.00	XLON	00397264157TRLO1
04 June 2026 13:49:29	265	953.00	XLON	00397264158TRLO1
04 June 2026 14:09:54	24	956.00	XLON	00397265032TRLO1
04 June 2026 14:11:55	118	956.00	XLON	00397265112TRLO1
04 June 2026 14:11:55	144	956.00	XLON	00397265111TRLO1
04 June 2026 14:19:38	255	955.50	XLON	00397265529TRLO1
04 June 2026 14:20:34	271	955.50	XLON	00397265576TRLO1
04 June 2026 14:23:38	271	953.50	XLON	00397265724TRLO1
04 June 2026 14:30:27	270	953.50	XLON	00397266314TRLO1
04 June 2026 14:35:04	272	953.50	XLON	00397266804TRLO1
04 June 2026 14:37:44	252	954.00	XLON	00397267075TRLO1
04 June 2026 14:40:52	298	955.50	XLON	00397267492TRLO1
04 June 2026 14:41:25	266	954.00	XLON	00397267525TRLO1
04 June 2026 14:45:56	266	954.50	XLON	00397267925TRLO1
04 June 2026 14:47:45	169	956.00	XLON	00397268112TRLO1
04 June 2026 14:58:23	143	957.00	XLON	00397269047TRLO1
04 June 2026 14:58:23	11	957.00	XLON	00397269046TRLO1
04 June 2026 14:58:23	11	957.00	XLON	00397269045TRLO1
04 June 2026 14:58:23	94	957.00	XLON	00397269044TRLO1
04 June 2026 14:59:25	154	956.50	XLON	00397269130TRLO1
04 June 2026 14:59:25	105	956.50	XLON	00397269129TRLO1
04 June 2026 15:07:19	270	956.50	XLON	00397269794TRLO1
04 June 2026 15:07:19	626	956.50	XLON	00397269795TRLO1
04 June 2026 15:07:19	268	956.00	XLON	00397269797TRLO1
04 June 2026 15:07:19	268	955.50	XLON	00397269798TRLO1
04 June 2026 15:11:32	272	954.50	XLON	00397270131TRLO1
04 June 2026 15:13:51	255	954.00	XLON	00397270435TRLO1
04 June 2026 15:28:20	266	954.00	XLON	00397271729TRLO1
04 June 2026 15:30:17	257	953.50	XLON	00397271893TRLO1
04 June 2026 15:30:37	249	953.00	XLON	00397271935TRLO1
04 June 2026 15:43:08	160	952.50	XLON	00397273186TRLO1
04 June 2026 15:43:08	106	952.50	XLON	00397273185TRLO1
04 June 2026 15:43:53	164	952.00	XLON	00397273251TRLO1
04 June 2026 15:49:12	20	952.00	XLON	00397273640TRLO1
04 June 2026 15:49:12	68	951.50	XLON	00397273641TRLO1
04 June 2026 15:51:55	263	953.50	XLON	00397273901TRLO1
04 June 2026 15:51:55	118	953.50	XLON	00397273900TRLO1
04 June 2026 15:51:55	249	953.00	XLON	00397273902TRLO1
04 June 2026 15:54:17	20	952.00	XLON	00397274059TRLO1
04 June 2026 16:00:33	195	954.00	XLON	00397274474TRLO1
04 June 2026 16:01:26	107	954.00	XLON	00397274526TRLO1
04 June 2026 16:01:26	179	954.00	XLON	00397274525TRLO1
04 June 2026 16:03:46	266	954.50	XLON	00397274688TRLO1
04 June 2026 16:04:53	110	954.50	XLON	00397274771TRLO1
04 June 2026 16:04:53	178	954.50	XLON	00397274770TRLO1
04 June 2026 16:06:50	269	953.00	XLON	00397274908TRLO1
04 June 2026 16:06:50	56	953.00	XLON	00397274910TRLO1
04 June 2026 16:06:50	56	953.00	XLON	00397274909TRLO1
04 June 2026 16:06:58	158	953.50	XLON	00397274914TRLO1
04 June 2026 16:06:58	102	953.50	XLON	00397274913TRLO1
04 June 2026 16:06:58	8	953.50	XLON	00397274912TRLO1
04 June 2026 16:07:02	268	954.00	XLON	00397274915TRLO1
04 June 2026 16:07:49	1	953.50	XLON	00397274969TRLO1
04 June 2026 16:13:37	256	956.00	XLON	00397275249TRLO1
04 June 2026 16:19:51	87	955.50	XLON	00397275751TRLO1
04 June 2026 16:19:51	177	955.50	XLON	00397275752TRLO1
04 June 2026 16:19:51	87	955.50	XLON	00397275753TRLO1

Enquiries:
Gamma Communications plc Martin Hellawell, Chair Andrew Belshaw, Chief Executive Officer Rachael Matzopoulos, Company Secretary	[phone]
Barclays Bank PLC, acting through its Investment Bank (Lead Financial Adviser) Alastair Blackman / Alex Evans / Callum West / Michael Hart	[phone]
Q Advisors (Joint Financial Adviser)  Michael Quinn / Kristian MacCarter	[phone]
Investec (Joint Financial Adviser and Joint Broker)  Patrick Robb / Virginia Bull	[phone]
Peel Hunt (Joint Financial Adviser and Joint Broker)  Neil Patel / Alice Lane / Benjamin Cryer	[phone]
Teneo (Financial PR Adviser)  James Macey White / Matt Low	[phone]

Disclaimer

Barclays Bank PLC, acting through its Investment Bank ("Barclays"), which is authorised by the Prudential Regulation Authority and regulated in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authority, is acting exclusively for Gamma and no one else in connection with the matters set out in this announcement and will not be responsible to anyone other than Gamma for providing the protections afforded to clients of Barclays nor for providing advice in relation to any matter referred to in this announcement.

Investec Bank plc ("Investec"), which is authorised by the Prudential Regulation Authority (the "PRA") and regulated by the Financial Conduct Authority and PRA in the United Kingdom, is acting exclusively for Gamma and for no one else in connection with the matters set out in this announcement and will not be responsible to any person other than Gamma for providing the protections afforded to clients of Investec, nor for providing advice in relation to any matter referred to in this announcement. Neither Investec nor any of its subsidiaries, branches or affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Investec in connection with this announcement, any statement contained herein or otherwise.

Peel Hunt LLP is authorised and regulated in the United Kingdom by the Financial Conduct Authority and is acting exclusively for Gamma and no one else in connection with the matters set out in this announcement and will not be responsible to anyone other than Gamma for providing the protections afforded to clients of Peel Hunt LLP nor for providing advice in relation to any matter referred to in this announcement.

In accordance with the Code, normal United Kingdom market practice and Rule 14e-5(b) of the Securities Exchange Act 1934 of the United States, Barclays, Investec, Peel Hunt and its affiliates will continue to act as exempt principal traders in Gamma securities on the London Stock Exchange. These purchases and activities by exempt principal traders which are required to be made public in the United Kingdom pursuant to the Code will be reported to a Regulatory Information Service and will be available on the London Stock Exchange website at www.londonstockexchange.com. This information will also be publicly disclosed in the United States to the extent that such information is made public in the United Kingdom.

Disclosure requirements of the Code

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s), save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on [phone] if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.

 

END