Transaction in Own Shares

Gamma Communications PLC

17 June 2026

 

17 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:	16 June 2026
Number of ordinary shares purchased:	23,377
Lowest price per share (pence):	907.50
Highest price per share (pence):	923.00
Weighted average price per day (pence):	915.5030

 The Company intends to cancel the purchased ordinary shares.

Following settlement of the above purchases, Gamma has purchased a total of 2,155,725 ordinary shares since the commencement of the buyback programme and will have 91,608,626 ordinary shares in issue. There are 1,538,365 ordinary shares held in treasury. The total voting rights in the Company are therefore 90,070,261 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 90,070,261 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	915.5030	23,377	907.50	923.00

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
16 June 2026 08:01:36	80	913.00	XLON	00399130128TRLO1
16 June 2026 08:02:30	87	920.00	XLON	00399130532TRLO1
16 June 2026 08:11:00	83	917.00	XLON	00399137021TRLO1
16 June 2026 08:14:18	81	915.50	XLON	00399139351TRLO1
16 June 2026 08:15:16	85	913.50	XLON	00399140031TRLO1
16 June 2026 08:15:16	83	912.50	XLON	00399140032TRLO1
16 June 2026 08:15:53	81	914.50	XLON	00399140479TRLO1
16 June 2026 08:20:30	82	912.50	XLON	00399143473TRLO1
16 June 2026 08:24:47	84	911.00	XLON	00399146429TRLO1
16 June 2026 08:25:52	86	909.50	XLON	00399147156TRLO1
16 June 2026 08:40:34	353	909.50	XLON	00399158489TRLO1
16 June 2026 08:40:57	82	908.00	XLON	00399158746TRLO1
16 June 2026 08:44:52	86	907.50	XLON	00399161866TRLO1
16 June 2026 08:52:20	69	908.50	XLON	00399167864TRLO1
16 June 2026 08:52:39	171	909.50	XLON	00399168030TRLO1
16 June 2026 08:54:02	82	909.00	XLON	00399168909TRLO1
16 June 2026 09:07:06	72	913.50	XLON	00399183407TRLO1
16 June 2026 09:09:50	168	916.00	XLON	00399186871TRLO1
16 June 2026 09:10:13	169	916.00	XLON	00399187371TRLO1
16 June 2026 09:10:21	70	915.00	XLON	00399187546TRLO1
16 June 2026 09:10:21	75	915.00	XLON	00399187547TRLO1
16 June 2026 09:10:21	16	915.00	XLON	00399187548TRLO1
16 June 2026 09:10:21	70	915.00	XLON	00399187549TRLO1
16 June 2026 09:14:15	242	916.50	XLON	00399192561TRLO1
16 June 2026 09:17:26	162	916.00	XLON	00399196130TRLO1
16 June 2026 09:17:26	81	916.00	XLON	00399196131TRLO1
16 June 2026 09:17:26	81	916.00	XLON	00399196132TRLO1
16 June 2026 09:17:26	81	916.00	XLON	00399196133TRLO1
16 June 2026 09:23:57	82	918.50	XLON	00399203016TRLO1
16 June 2026 09:23:57	84	918.00	XLON	00399203017TRLO1
16 June 2026 09:24:44	84	917.50	XLON	00399203855TRLO1
16 June 2026 09:24:45	1	917.50	XLON	00399203884TRLO1
16 June 2026 09:24:45	83	917.50	XLON	00399203885TRLO1
16 June 2026 09:24:47	88	918.50	XLON	00399203898TRLO1
16 June 2026 09:28:06	168	923.00	XLON	00399207846TRLO1
16 June 2026 09:28:06	87	923.00	XLON	00399207847TRLO1
16 June 2026 09:31:05	87	922.50	XLON	00399211479TRLO1
16 June 2026 09:31:20	82	922.00	XLON	00399211704TRLO1
16 June 2026 09:32:34	82	919.00	XLON	00399213079TRLO1
16 June 2026 09:32:40	84	915.50	XLON	00399213182TRLO1
16 June 2026 09:38:47	82	918.50	XLON	00399221359TRLO1
16 June 2026 09:38:47	84	918.00	XLON	00399221360TRLO1
16 June 2026 09:59:20	84	919.00	XLON	00399247008TRLO1
16 June 2026 09:59:20	84	919.00	XLON	00399247009TRLO1
16 June 2026 09:59:56	1	918.00	XLON	00399247832TRLO1
16 June 2026 10:05:36	35	917.50	XLON	00399255808TRLO1
16 June 2026 10:05:36	140	917.50	XLON	00399255809TRLO1
16 June 2026 10:10:41	1	917.00	XLON	00399262504TRLO1
16 June 2026 10:13:05	53	917.00	XLON	00399264873TRLO1
16 June 2026 10:13:05	34	917.00	XLON	00399264874TRLO1
16 June 2026 10:15:35	87	917.00	XLON	00399268067TRLO1
16 June 2026 10:15:35	88	917.00	XLON	00399268068TRLO1
16 June 2026 10:15:35	170	917.00	XLON	00399268069TRLO1
16 June 2026 10:16:53	85	916.50	XLON	00399269409TRLO1
16 June 2026 10:18:43	82	916.50	XLON	00399271515TRLO1
16 June 2026 10:24:21	87	916.50	XLON	00399277952TRLO1
16 June 2026 10:36:51	261	918.50	XLON	00399292207TRLO1
16 June 2026 10:40:46	87	917.50	XLON	00399296172TRLO1
16 June 2026 10:40:49	86	917.00	XLON	00399296222TRLO1
16 June 2026 10:40:49	82	917.00	XLON	00399296223TRLO1
16 June 2026 10:48:34	345	916.50	XLON	00399305863TRLO1
16 June 2026 10:56:51	86	915.50	XLON	00399316232TRLO1
16 June 2026 10:56:51	85	915.50	XLON	00399316233TRLO1
16 June 2026 11:17:14	88	915.00	XLON	00399320434TRLO1
16 June 2026 11:22:05	176	914.00	XLON	00399320683TRLO1
16 June 2026 11:22:05	88	914.00	XLON	00399320684TRLO1
16 June 2026 11:22:07	166	913.50	XLON	00399320686TRLO1
16 June 2026 11:30:09	72	912.50	XLON	00399320978TRLO1
16 June 2026 11:30:14	65	912.50	XLON	00399320980TRLO1
16 June 2026 11:30:27	35	912.50	XLON	00399320989TRLO1
16 June 2026 11:30:27	72	912.50	XLON	00399320990TRLO1
16 June 2026 11:30:27	65	912.50	XLON	00399320991TRLO1
16 June 2026 11:35:50	87	912.00	XLON	00399321179TRLO1
16 June 2026 11:36:14	64	911.50	XLON	00399321186TRLO1
16 June 2026 11:36:14	17	911.50	XLON	00399321187TRLO1
16 June 2026 11:36:14	64	911.50	XLON	00399321188TRLO1
16 June 2026 12:00:28	170	912.50	XLON	00399322488TRLO1
16 June 2026 12:04:56	174	911.50	XLON	00399322629TRLO1
16 June 2026 12:04:56	87	911.50	XLON	00399322630TRLO1
16 June 2026 12:04:56	87	911.50	XLON	00399322631TRLO1
16 June 2026 12:06:19	348	909.50	XLON	00399322657TRLO1
16 June 2026 12:09:29	7	908.00	XLON	00399322712TRLO1
16 June 2026 12:09:29	163	908.00	XLON	00399322713TRLO1
16 June 2026 12:20:51	72	909.50	XLON	00399322996TRLO1
16 June 2026 12:20:51	11	909.50	XLON	00399322997TRLO1
16 June 2026 12:28:31	83	909.50	XLON	00399323175TRLO1
16 June 2026 12:28:36	81	909.00	XLON	00399323176TRLO1
16 June 2026 12:38:11	38	910.50	XLON	00399323506TRLO1
16 June 2026 12:39:43	44	910.00	XLON	00399323551TRLO1
16 June 2026 12:50:37	36	910.50	XLON	00399323786TRLO1
16 June 2026 13:07:24	1	912.00	XLON	00399324191TRLO1
16 June 2026 13:08:05	82	912.00	XLON	00399324214TRLO1
16 June 2026 13:08:15	85	911.50	XLON	00399324222TRLO1
16 June 2026 13:23:14	32	912.50	XLON	00399324609TRLO1
16 June 2026 13:25:19	410	912.50	XLON	00399324680TRLO1
16 June 2026 13:29:48	410	912.00	XLON	00399324791TRLO1
16 June 2026 13:30:59	269	913.00	XLON	00399324842TRLO1
16 June 2026 13:33:14	24	913.50	XLON	00399324909TRLO1
16 June 2026 13:33:14	35	913.50	XLON	00399324910TRLO1
16 June 2026 13:33:14	70	913.50	XLON	00399324911TRLO1
16 June 2026 13:33:25	35	913.50	XLON	00399324917TRLO1
16 June 2026 13:34:03	82	913.50	XLON	00399324928TRLO1
16 June 2026 13:35:03	82	912.50	XLON	00399324969TRLO1
16 June 2026 13:35:03	3	912.50	XLON	00399324970TRLO1
16 June 2026 13:42:36	82	913.50	XLON	00399325230TRLO1
16 June 2026 13:43:07	79	912.50	XLON	00399325245TRLO1
16 June 2026 13:43:07	85	912.50	XLON	00399325246TRLO1
16 June 2026 13:43:07	82	912.50	XLON	00399325247TRLO1
16 June 2026 13:43:07	261	912.00	XLON	00399325248TRLO1
16 June 2026 14:05:52	161	913.00	XLON	00399326152TRLO1
16 June 2026 14:09:22	171	913.00	XLON	00399326322TRLO1
16 June 2026 14:22:35	82	912.50	XLON	00399326979TRLO1
16 June 2026 14:22:35	166	912.50	XLON	00399326980TRLO1
16 June 2026 14:22:35	83	912.50	XLON	00399326981TRLO1
16 June 2026 14:22:36	348	912.00	XLON	00399326982TRLO1
16 June 2026 14:22:36	321	912.00	XLON	00399326983TRLO1
16 June 2026 14:29:26	410	912.50	XLON	00399327445TRLO1
16 June 2026 14:29:26	97	912.50	XLON	00399327446TRLO1
16 June 2026 14:29:26	2	912.50	XLON	00399327447TRLO1
16 June 2026 14:29:27	261	911.50	XLON	00399327448TRLO1
16 June 2026 14:33:12	166	911.00	XLON	00399327972TRLO1
16 June 2026 14:33:12	83	911.00	XLON	00399327973TRLO1
16 June 2026 14:33:15	249	909.50	XLON	00399327989TRLO1
16 June 2026 14:38:30	252	913.50	XLON	00399328651TRLO1
16 June 2026 14:45:47	21	915.00	XLON	00399329248TRLO1
16 June 2026 14:48:31	68	914.50	XLON	00399329423TRLO1
16 June 2026 14:48:31	100	914.50	XLON	00399329424TRLO1
16 June 2026 14:49:58	85	916.00	XLON	00399329495TRLO1
16 June 2026 14:49:58	169	916.00	XLON	00399329496TRLO1
16 June 2026 14:50:06	316	915.50	XLON	00399329506TRLO1
16 June 2026 14:50:06	120	915.00	XLON	00399329507TRLO1
16 June 2026 14:50:06	42	915.00	XLON	00399329508TRLO1
16 June 2026 14:54:18	172	916.00	XLON	00399329816TRLO1
16 June 2026 14:58:56	171	918.50	XLON	00399330278TRLO1
16 June 2026 14:58:56	91	918.50	XLON	00399330279TRLO1
16 June 2026 14:59:46	174	918.00	XLON	00399330350TRLO1
16 June 2026 14:59:49	115	917.00	XLON	00399330354TRLO1
16 June 2026 14:59:49	58	917.00	XLON	00399330355TRLO1
16 June 2026 14:59:56	171	916.50	XLON	00399330388TRLO1
16 June 2026 15:00:27	88	916.50	XLON	00399330449TRLO1
16 June 2026 15:00:45	65	916.50	XLON	00399330466TRLO1
16 June 2026 15:02:13	84	916.00	XLON	00399330542TRLO1
16 June 2026 15:04:04	82	915.50	XLON	00399330623TRLO1
16 June 2026 15:05:54	165	916.50	XLON	00399330749TRLO1
16 June 2026 15:06:55	59	917.00	XLON	00399330832TRLO1
16 June 2026 15:11:39	166	916.50	XLON	00399331432TRLO1
16 June 2026 15:11:39	82	916.50	XLON	00399331433TRLO1
16 June 2026 15:11:39	83	916.50	XLON	00399331434TRLO1
16 June 2026 15:11:40	324	916.00	XLON	00399331435TRLO1
16 June 2026 15:13:43	247	916.00	XLON	00399331712TRLO1
16 June 2026 15:15:40	161	917.00	XLON	00399332070TRLO1
16 June 2026 15:15:42	165	916.50	XLON	00399332071TRLO1
16 June 2026 15:15:42	392	916.50	XLON	00399332072TRLO1
16 June 2026 15:15:42	91	916.00	XLON	00399332073TRLO1
16 June 2026 15:15:42	74	916.00	XLON	00399332074TRLO1
16 June 2026 15:15:49	83	916.00	XLON	00399332103TRLO1
16 June 2026 15:15:49	82	916.50	XLON	00399332105TRLO1
16 June 2026 15:17:02	167	917.00	XLON	00399332430TRLO1
16 June 2026 15:18:55	264	917.00	XLON	00399332786TRLO1
16 June 2026 15:20:05	247	916.50	XLON	00399333040TRLO1
16 June 2026 15:21:06	76	916.50	XLON	00399333174TRLO1
16 June 2026 15:21:16	73	916.50	XLON	00399333193TRLO1
16 June 2026 15:21:16	17	916.50	XLON	00399333194TRLO1
16 June 2026 15:21:28	161	918.00	XLON	00399333207TRLO1
16 June 2026 15:28:20	43	918.50	XLON	00399333996TRLO1
16 June 2026 15:29:22	247	919.50	XLON	00399334070TRLO1
16 June 2026 15:29:25	74	919.00	XLON	00399334080TRLO1
16 June 2026 15:29:25	167	919.00	XLON	00399334081TRLO1
16 June 2026 15:31:06	84	918.50	XLON	00399334288TRLO1
16 June 2026 15:32:57	248	919.00	XLON	00399334386TRLO1
16 June 2026 15:33:09	93	918.50	XLON	00399334419TRLO1
16 June 2026 15:33:16	163	918.50	XLON	00399334432TRLO1
16 June 2026 15:33:16	93	918.50	XLON	00399334433TRLO1
16 June 2026 15:34:22	41	918.50	XLON	00399334539TRLO1
16 June 2026 15:35:31	40	918.50	XLON	00399334626TRLO1
16 June 2026 15:35:31	41	918.50	XLON	00399334627TRLO1
16 June 2026 15:38:26	175	919.00	XLON	00399334884TRLO1
16 June 2026 15:42:51	96	921.00	XLON	00399335336TRLO1
16 June 2026 15:43:53	241	921.50	XLON	00399335389TRLO1
16 June 2026 15:43:53	80	921.50	XLON	00399335390TRLO1
16 June 2026 15:43:55	87	921.00	XLON	00399335393TRLO1
16 June 2026 15:44:56	165	921.00	XLON	00399335475TRLO1
16 June 2026 15:44:56	83	921.00	XLON	00399335476TRLO1
16 June 2026 15:45:46	83	920.50	XLON	00399335597TRLO1
16 June 2026 15:47:37	82	919.50	XLON	00399335839TRLO1
16 June 2026 15:48:09	71	919.50	XLON	00399335891TRLO1
16 June 2026 15:48:16	83	919.50	XLON	00399335899TRLO1
16 June 2026 15:52:06	83	920.00	XLON	00399336321TRLO1
16 June 2026 15:57:12	165	920.00	XLON	00399336822TRLO1
16 June 2026 15:58:54	81	919.50	XLON	00399337033TRLO1
16 June 2026 15:58:54	81	919.50	XLON	00399337034TRLO1
16 June 2026 15:59:24	81	919.00	XLON	00399337132TRLO1
16 June 2026 16:04:55	83	921.00	XLON	00399337817TRLO1
16 June 2026 16:05:04	83	920.50	XLON	00399337834TRLO1
16 June 2026 16:05:51	162	920.50	XLON	00399337894TRLO1
16 June 2026 16:08:57	165	921.00	XLON	00399338135TRLO1
16 June 2026 16:12:48	248	922.50	XLON	00399338505TRLO1
16 June 2026 16:12:48	132	922.50	XLON	00399338506TRLO1
16 June 2026 16:17:00	338	920.00	XLON	00399339014TRLO1

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