Transaction in Own Shares

Gamma Communications PLC

19 June 2026

 

19 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:	18 June 2026
Number of ordinary shares purchased:	17,319
Lowest price per share (pence):	883.50
Highest price per share (pence):	908.50
Weighted average price per day (pence):	892.7843

 The Company intends to cancel the purchased ordinary shares.

Following settlement of the above purchases, Gamma has purchased a total of 2,194,271 ordinary shares since the commencement of the buyback programme and will have 91,570,080 ordinary shares in issue. There are 1,536,117 ordinary shares held in treasury. The total voting rights in the Company are therefore 90,033,963 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 90,033,963 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	892.7843	17,319	883.50	908.50

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
18 June 2026 08:15:18	87	908.50	XLON	00399747082TRLO1
18 June 2026 08:15:18	87	906.00	XLON	00399747083TRLO1
18 June 2026 08:15:18	173	903.00	XLON	00399747084TRLO1
18 June 2026 08:15:18	87	901.00	XLON	00399747085TRLO1
18 June 2026 08:18:11	87	895.50	XLON	00399748063TRLO1
18 June 2026 08:26:44	86	891.50	XLON	00399752802TRLO1
18 June 2026 08:34:14	84	890.00	XLON	00399757284TRLO1
18 June 2026 08:34:14	89	890.00	XLON	00399757285TRLO1
18 June 2026 08:34:30	89	895.50	XLON	00399757400TRLO1
18 June 2026 08:34:30	87	895.50	XLON	00399757401TRLO1
18 June 2026 08:53:26	84	897.50	XLON	00399767328TRLO1
18 June 2026 08:53:30	88	895.50	XLON	00399767368TRLO1
18 June 2026 08:53:30	700	895.00	XLON	00399767369TRLO1
18 June 2026 09:01:36	351	895.00	XLON	00399772293TRLO1
18 June 2026 09:01:36	88	895.00	XLON	00399772294TRLO1
18 June 2026 09:10:33	166	891.00	XLON	00399777323TRLO1
18 June 2026 09:10:33	82	891.00	XLON	00399777324TRLO1
18 June 2026 09:22:30	66	890.00	XLON	00399783040TRLO1
18 June 2026 09:37:20	84	889.50	XLON	00399791650TRLO1
18 June 2026 09:37:20	29	889.50	XLON	00399791651TRLO1
18 June 2026 09:39:35	29	889.00	XLON	00399793252TRLO1
18 June 2026 09:39:35	55	889.00	XLON	00399793253TRLO1
18 June 2026 09:40:31	84	887.00	XLON	00399793914TRLO1
18 June 2026 09:48:54	3	886.50	XLON	00399798986TRLO1
18 June 2026 10:00:18	82	886.50	XLON	00399808075TRLO1
18 June 2026 10:06:42	217	886.00	XLON	00399813357TRLO1
18 June 2026 10:07:22	137	884.50	XLON	00399813993TRLO1
18 June 2026 10:17:06	175	888.00	XLON	00399827108TRLO1
18 June 2026 10:17:06	87	888.00	XLON	00399827109TRLO1
18 June 2026 10:17:06	88	888.00	XLON	00399827110TRLO1
18 June 2026 10:30:08	89	889.50	XLON	00399849737TRLO1
18 June 2026 10:43:32	89	887.00	XLON	00399873291TRLO1
18 June 2026 10:53:06	90	889.00	XLON	00399888722TRLO1
18 June 2026 10:57:01	85	890.50	XLON	00399894252TRLO1
18 June 2026 10:57:01	84	890.50	XLON	00399894253TRLO1
18 June 2026 10:59:37	690	890.00	XLON	00399896809TRLO1
18 June 2026 11:02:23	164	889.50	XLON	00399897092TRLO1
18 June 2026 11:02:23	11	889.50	XLON	00399897093TRLO1
18 June 2026 11:04:27	175	889.00	XLON	00399897158TRLO1
18 June 2026 11:10:25	83	887.50	XLON	00399897356TRLO1
18 June 2026 11:14:02	86	890.50	XLON	00399897432TRLO1
18 June 2026 11:14:02	87	889.00	XLON	00399897433TRLO1
18 June 2026 11:15:34	87	889.00	XLON	00399897486TRLO1
18 June 2026 11:19:11	88	888.00	XLON	00399897610TRLO1
18 June 2026 11:19:56	88	887.50	XLON	00399897642TRLO1
18 June 2026 11:36:40	177	886.00	XLON	00399898439TRLO1
18 June 2026 11:36:40	88	886.00	XLON	00399898440TRLO1
18 June 2026 11:36:40	88	886.00	XLON	00399898441TRLO1
18 June 2026 11:37:23	246	886.00	XLON	00399898712TRLO1
18 June 2026 11:37:23	3	886.00	XLON	00399898713TRLO1
18 June 2026 11:39:21	175	888.50	XLON	00399898781TRLO1
18 June 2026 11:44:44	82	887.00	XLON	00399899005TRLO1
18 June 2026 11:44:44	83	887.00	XLON	00399899006TRLO1
18 June 2026 11:46:53	84	888.00	XLON	00399899139TRLO1
18 June 2026 11:56:43	83	886.50	XLON	00399899474TRLO1
18 June 2026 12:03:33	85	885.50	XLON	00399899695TRLO1
18 June 2026 12:04:43	85	885.50	XLON	00399899760TRLO1
18 June 2026 12:08:02	88	885.00	XLON	00399899892TRLO1
18 June 2026 12:09:28	81	883.50	XLON	00399899950TRLO1
18 June 2026 12:09:28	82	883.50	XLON	00399899951TRLO1
18 June 2026 12:15:43	263	884.00	XLON	00399900099TRLO1
18 June 2026 12:15:48	251	884.50	XLON	00399900100TRLO1
18 June 2026 12:18:31	86	883.50	XLON	00399900225TRLO1
18 June 2026 12:34:04	83	888.00	XLON	00399900810TRLO1
18 June 2026 12:37:48	41	888.50	XLON	00399900902TRLO1
18 June 2026 12:37:48	41	888.50	XLON	00399900903TRLO1
18 June 2026 12:45:26	89	888.50	XLON	00399901050TRLO1
18 June 2026 12:45:37	89	888.00	XLON	00399901053TRLO1
18 June 2026 12:45:37	89	888.50	XLON	00399901054TRLO1
18 June 2026 12:47:21	178	887.50	XLON	00399901110TRLO1
18 June 2026 12:47:22	267	887.00	XLON	00399901113TRLO1
18 June 2026 12:47:22	178	887.00	XLON	00399901114TRLO1
18 June 2026 12:52:57	163	886.00	XLON	00399901292TRLO1
18 June 2026 13:18:42	86	885.50	XLON	00399902445TRLO1
18 June 2026 13:18:42	37	885.50	XLON	00399902446TRLO1
18 June 2026 13:18:42	48	885.50	XLON	00399902447TRLO1
18 June 2026 13:26:41	175	885.00	XLON	00399902744TRLO1
18 June 2026 13:26:41	87	885.00	XLON	00399902745TRLO1
18 June 2026 13:30:45	83	887.00	XLON	00399902905TRLO1
18 June 2026 13:35:16	88	886.00	XLON	00399903000TRLO1
18 June 2026 13:52:50	86	889.50	XLON	00399903621TRLO1
18 June 2026 13:54:48	40	892.00	XLON	00399903706TRLO1
18 June 2026 13:56:35	64	892.50	XLON	00399903797TRLO1
18 June 2026 14:00:21	49	892.50	XLON	00399903932TRLO1
18 June 2026 14:00:21	37	892.50	XLON	00399903933TRLO1
18 June 2026 14:07:46	27	894.50	XLON	00399904370TRLO1
18 June 2026 14:07:46	36	894.50	XLON	00399904371TRLO1
18 June 2026 14:07:56	52	894.50	XLON	00399904380TRLO1
18 June 2026 14:15:42	84	897.00	XLON	00399904610TRLO1
18 June 2026 14:15:42	254	896.00	XLON	00399904611TRLO1
18 June 2026 14:23:04	85	896.50	XLON	00399904897TRLO1
18 June 2026 14:29:32	88	895.50	XLON	00399905161TRLO1
18 June 2026 14:30:10	163	896.00	XLON	00399905219TRLO1
18 June 2026 14:30:10	163	895.50	XLON	00399905220TRLO1
18 June 2026 14:30:10	420	896.00	XLON	00399905221TRLO1
18 June 2026 14:30:10	32	896.00	XLON	00399905222TRLO1
18 June 2026 14:30:10	55	896.00	XLON	00399905224TRLO1
18 June 2026 14:30:15	82	895.50	XLON	00399905234TRLO1
18 June 2026 14:30:16	166	895.00	XLON	00399905238TRLO1
18 June 2026 14:30:16	83	895.00	XLON	00399905239TRLO1
18 June 2026 14:33:32	126	896.50	XLON	00399905390TRLO1
18 June 2026 14:33:32	53	896.50	XLON	00399905391TRLO1
18 June 2026 14:34:02	123	896.50	XLON	00399905405TRLO1
18 June 2026 14:34:02	53	896.50	XLON	00399905406TRLO1
18 June 2026 14:34:26	168	895.50	XLON	00399905420TRLO1
18 June 2026 14:40:10	86	895.50	XLON	00399905744TRLO1
18 June 2026 14:43:27	88	895.00	XLON	00399905883TRLO1
18 June 2026 14:43:27	88	895.00	XLON	00399905884TRLO1
18 June 2026 14:44:33	250	895.00	XLON	00399905930TRLO1
18 June 2026 14:55:17	266	897.00	XLON	00399906383TRLO1
18 June 2026 14:57:04	52	896.00	XLON	00399906458TRLO1
18 June 2026 14:57:04	52	896.00	XLON	00399906459TRLO1
18 June 2026 14:57:04	25	896.00	XLON	00399906460TRLO1
18 June 2026 14:57:04	25	896.00	XLON	00399906461TRLO1
18 June 2026 14:57:04	12	896.00	XLON	00399906462TRLO1
18 June 2026 14:57:22	176	895.00	XLON	00399906468TRLO1
18 June 2026 14:58:02	14	897.00	XLON	00399906485TRLO1
18 June 2026 14:59:27	56	896.00	XLON	00399906557TRLO1
18 June 2026 15:00:36	26	896.00	XLON	00399906627TRLO1
18 June 2026 15:00:36	56	896.00	XLON	00399906628TRLO1
18 June 2026 15:11:55	86	898.00	XLON	00399907554TRLO1
18 June 2026 15:17:45	92	899.50	XLON	00399908059TRLO1
18 June 2026 15:17:45	92	899.50	XLON	00399908060TRLO1
18 June 2026 15:17:45	82	899.00	XLON	00399908061TRLO1
18 June 2026 15:17:55	3	899.50	XLON	00399908075TRLO1
18 June 2026 15:17:55	92	899.50	XLON	00399908076TRLO1
18 June 2026 15:22:23	49	899.50	XLON	00399908533TRLO1
18 June 2026 15:22:40	89	898.50	XLON	00399908545TRLO1
18 June 2026 15:27:41	267	897.50	XLON	00399908805TRLO1
18 June 2026 15:28:02	71	897.50	XLON	00399908808TRLO1
18 June 2026 15:28:22	54	896.50	XLON	00399908824TRLO1
18 June 2026 15:30:24	102	897.50	XLON	00399908907TRLO1
18 June 2026 15:31:39	44	898.00	XLON	00399908949TRLO1
18 June 2026 15:40:18	88	898.00	XLON	00399909680TRLO1
18 June 2026 15:42:26	5	898.00	XLON	00399909994TRLO1
18 June 2026 15:42:26	78	898.00	XLON	00399909995TRLO1
18 June 2026 15:42:26	420	898.00	XLON	00399909996TRLO1
18 June 2026 15:42:26	63	898.00	XLON	00399909997TRLO1
18 June 2026 15:43:56	84	897.50	XLON	00399910092TRLO1
18 June 2026 15:44:05	68	897.50	XLON	00399910097TRLO1
18 June 2026 15:44:55	22	898.50	XLON	00399910197TRLO1
18 June 2026 15:49:27	88	898.50	XLON	00399910559TRLO1
18 June 2026 15:58:48	75	898.00	XLON	00399911387TRLO1
18 June 2026 15:59:46	166	899.00	XLON	00399911483TRLO1
18 June 2026 16:01:43	178	898.50	XLON	00399911671TRLO1
18 June 2026 16:02:00	103	898.50	XLON	00399911700TRLO1
18 June 2026 16:04:02	177	898.00	XLON	00399911988TRLO1
18 June 2026 16:06:11	302	898.00	XLON	00399912222TRLO1
18 June 2026 16:06:52	7	899.00	XLON	00399912289TRLO1
18 June 2026 16:06:52	85	899.00	XLON	00399912290TRLO1
18 June 2026 16:06:56	10	899.00	XLON	00399912295TRLO1
18 June 2026 16:07:04	165	898.50	XLON	00399912318TRLO1
18 June 2026 16:09:04	60	898.50	XLON	00399912668TRLO1
18 June 2026 16:11:40	76	898.50	XLON	00399912840TRLO1
18 June 2026 16:12:34	10	898.50	XLON	00399912933TRLO1
18 June 2026 16:12:34	76	898.50	XLON	00399912934TRLO1
18 June 2026 16:15:19	74	898.00	XLON	00399913156TRLO1
18 June 2026 16:15:19	9	898.00	XLON	00399913157TRLO1
18 June 2026 16:15:19	26	898.00	XLON	00399913158TRLO1
18 June 2026 16:15:19	34	898.00	XLON	00399913159TRLO1
18 June 2026 16:15:19	22	898.00	XLON	00399913160TRLO1
18 June 2026 16:15:19	91	898.00	XLON	00399913161TRLO1
18 June 2026 16:15:19	74	898.00	XLON	00399913162TRLO1

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