Transaction in Own Shares

Gamma Communications PLC

11 August 2026

 

11 August 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:	10 August 2026
Number of ordinary shares purchased:	15,656
Lowest price per share (pence):	971.00
Highest price per share (pence):	989.50
Weighted average price per day (pence):	980.8672

 The Company intends to cancel the purchased ordinary shares.

Following settlement of the above purchases, Gamma has purchased a total of 2,987,205 ordinary shares since the commencement of the buyback programme and will have 90,777,146 ordinary shares in issue. There are 1,503,674 ordinary shares held in treasury. The total voting rights in the Company are therefore 89,273,472 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 89,273,472 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	980.8672	15,656	971.00	989.50

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
10 August 2026 08:06:47	75	986.00	XLON	00412260634TRLO1
10 August 2026 08:10:25	76	985.00	XLON	00412267120TRLO1
10 August 2026 08:46:05	79	987.00	XLON	00412379443TRLO1
10 August 2026 08:52:05	1	988.50	XLON	00412397447TRLO1
10 August 2026 08:53:38	238	987.50	XLON	00412402116TRLO1
10 August 2026 08:53:38	79	987.50	XLON	00412402117TRLO1
10 August 2026 08:53:38	79	987.50	XLON	00412402118TRLO1
10 August 2026 08:57:12	80	987.00	XLON	00412412630TRLO1
10 August 2026 08:58:00	80	985.50	XLON	00412414975TRLO1
10 August 2026 09:06:08	68	987.50	XLON	00412439303TRLO1
10 August 2026 09:06:08	69	987.50	XLON	00412439304TRLO1
10 August 2026 09:06:08	258	987.50	XLON	00412439305TRLO1
10 August 2026 09:06:08	103	987.50	XLON	00412439306TRLO1
10 August 2026 09:06:08	2	987.50	XLON	00412439307TRLO1
10 August 2026 09:06:14	79	987.00	XLON	00412439751TRLO1
10 August 2026 09:06:56	93	988.00	XLON	00412442726TRLO1
10 August 2026 09:06:56	27	988.00	XLON	00412442727TRLO1
10 August 2026 09:07:04	76	986.50	XLON	00412443469TRLO1
10 August 2026 09:09:54	82	986.00	XLON	00412455685TRLO1
10 August 2026 09:17:27	122	986.00	XLON	00412489573TRLO1
10 August 2026 09:20:36	80	986.00	XLON	00412502724TRLO1
10 August 2026 09:23:59	80	986.00	XLON	00412518087TRLO1
10 August 2026 09:25:32	475	986.00	XLON	00412525125TRLO1
10 August 2026 09:25:51	235	986.50	XLON	00412526582TRLO1
10 August 2026 09:27:11	80	986.00	XLON	00412533099TRLO1
10 August 2026 09:35:07	80	985.50	XLON	00412550218TRLO1
10 August 2026 09:36:46	78	986.00	XLON	00412551657TRLO1
10 August 2026 09:41:36	79	985.50	XLON	00412556324TRLO1
10 August 2026 10:07:05	67	985.50	XLON	00412585167TRLO1
10 August 2026 10:07:05	159	985.50	XLON	00412585168TRLO1
10 August 2026 10:19:15	44	986.50	XLON	00412598235TRLO1
10 August 2026 10:19:15	34	986.50	XLON	00412598236TRLO1
10 August 2026 10:19:15	26	986.50	XLON	00412598237TRLO1
10 August 2026 10:19:15	56	986.50	XLON	00412598238TRLO1
10 August 2026 10:19:15	78	986.50	XLON	00412598239TRLO1
10 August 2026 10:32:59	17	989.50	XLON	00412620471TRLO1
10 August 2026 10:32:59	54	989.50	XLON	00412620472TRLO1
10 August 2026 10:32:59	10	989.50	XLON	00412620473TRLO1
10 August 2026 10:34:14	807	989.00	XLON	00412622037TRLO1
10 August 2026 10:34:14	76	989.00	XLON	00412622038TRLO1
10 August 2026 10:44:18	76	988.00	XLON	00412629524TRLO1
10 August 2026 10:44:18	76	988.00	XLON	00412629525TRLO1
10 August 2026 11:15:32	10	988.00	XLON	00412633171TRLO1
10 August 2026 11:15:32	68	988.00	XLON	00412633172TRLO1
10 August 2026 11:15:32	29	988.00	XLON	00412633173TRLO1
10 August 2026 11:15:32	48	988.00	XLON	00412633174TRLO1
10 August 2026 11:15:32	34	988.00	XLON	00412633175TRLO1
10 August 2026 11:15:32	25	988.00	XLON	00412633176TRLO1
10 August 2026 11:15:56	18	988.00	XLON	00412633181TRLO1
10 August 2026 11:15:56	107	988.00	XLON	00412633182TRLO1
10 August 2026 11:15:56	107	988.00	XLON	00412633183TRLO1
10 August 2026 11:15:56	153	987.50	XLON	00412633184TRLO1
10 August 2026 11:17:01	55	986.50	XLON	00412633211TRLO1
10 August 2026 11:17:01	22	986.50	XLON	00412633212TRLO1
10 August 2026 11:18:01	48	986.50	XLON	00412633222TRLO1
10 August 2026 11:40:18	77	987.50	XLON	00412634230TRLO1
10 August 2026 11:40:18	76	987.50	XLON	00412634231TRLO1
10 August 2026 11:54:54	79	987.00	XLON	00412634542TRLO1
10 August 2026 11:54:54	79	987.00	XLON	00412634543TRLO1
10 August 2026 11:54:59	164	986.00	XLON	00412634546TRLO1
10 August 2026 11:55:32	163	986.00	XLON	00412634565TRLO1
10 August 2026 11:56:24	82	985.50	XLON	00412634588TRLO1
10 August 2026 11:58:25	80	985.00	XLON	00412634635TRLO1
10 August 2026 12:07:47	81	985.00	XLON	00412634863TRLO1
10 August 2026 12:07:47	79	985.00	XLON	00412634864TRLO1
10 August 2026 12:07:47	2	985.00	XLON	00412634865TRLO1
10 August 2026 12:07:47	81	985.00	XLON	00412634866TRLO1
10 August 2026 12:12:04	80	985.00	XLON	00412634945TRLO1
10 August 2026 12:12:04	80	985.00	XLON	00412634946TRLO1
10 August 2026 12:15:14	78	984.50	XLON	00412635001TRLO1
10 August 2026 12:18:48	38	983.50	XLON	00412635072TRLO1
10 August 2026 12:38:18	77	983.50	XLON	00412635422TRLO1
10 August 2026 12:48:48	76	983.00	XLON	00412635581TRLO1
10 August 2026 12:56:58	77	982.00	XLON	00412635778TRLO1
10 August 2026 13:10:10	48	982.00	XLON	00412636097TRLO1
10 August 2026 13:17:53	19	982.00	XLON	00412636244TRLO1
10 August 2026 13:17:53	47	982.00	XLON	00412636245TRLO1
10 August 2026 13:17:53	76	981.00	XLON	00412636246TRLO1
10 August 2026 13:31:33	78	981.00	XLON	00412636492TRLO1
10 August 2026 13:31:33	77	981.00	XLON	00412636493TRLO1
10 August 2026 13:31:33	47	981.00	XLON	00412636494TRLO1
10 August 2026 13:31:34	117	980.50	XLON	00412636495TRLO1
10 August 2026 13:31:34	42	980.50	XLON	00412636496TRLO1
10 August 2026 13:33:36	28	981.00	XLON	00412636541TRLO1
10 August 2026 13:33:36	14	981.00	XLON	00412636542TRLO1
10 August 2026 13:33:36	13	981.00	XLON	00412636543TRLO1
10 August 2026 13:37:25	76	980.50	XLON	00412636644TRLO1
10 August 2026 13:37:25	78	980.50	XLON	00412636645TRLO1
10 August 2026 13:38:05	80	980.00	XLON	00412636658TRLO1
10 August 2026 13:42:41	76	980.00	XLON	00412636770TRLO1
10 August 2026 13:44:56	77	980.00	XLON	00412636832TRLO1
10 August 2026 13:44:56	119	980.00	XLON	00412636833TRLO1
10 August 2026 13:59:24	37	981.00	XLON	00412637154TRLO1
10 August 2026 13:59:24	45	981.00	XLON	00412637155TRLO1
10 August 2026 13:59:24	63	981.00	XLON	00412637156TRLO1
10 August 2026 13:59:24	26	981.00	XLON	00412637157TRLO1
10 August 2026 14:04:19	54	981.50	XLON	00412637261TRLO1
10 August 2026 14:04:19	102	981.50	XLON	00412637262TRLO1
10 August 2026 14:04:19	54	981.50	XLON	00412637263TRLO1
10 August 2026 14:04:19	16	981.50	XLON	00412637264TRLO1
10 August 2026 14:04:19	54	981.50	XLON	00412637265TRLO1
10 August 2026 14:05:24	50	981.50	XLON	00412637286TRLO1
10 August 2026 14:05:24	18	981.50	XLON	00412637287TRLO1
10 August 2026 14:07:49	78	981.50	XLON	00412637345TRLO1
10 August 2026 14:10:31	29	981.50	XLON	00412637443TRLO1
10 August 2026 14:11:32	79	981.50	XLON	00412637459TRLO1
10 August 2026 14:14:13	30	981.50	XLON	00412637513TRLO1
10 August 2026 14:14:13	48	981.50	XLON	00412637514TRLO1
10 August 2026 14:16:15	156	981.00	XLON	00412637572TRLO1
10 August 2026 14:16:15	78	981.00	XLON	00412637573TRLO1
10 August 2026 14:16:20	245	980.50	XLON	00412637576TRLO1
10 August 2026 14:17:00	164	980.00	XLON	00412637597TRLO1
10 August 2026 14:22:57	82	979.50	XLON	00412637777TRLO1
10 August 2026 14:26:55	82	979.00	XLON	00412637908TRLO1
10 August 2026 14:27:09	1	978.50	XLON	00412637917TRLO1
10 August 2026 14:31:38	76	978.50	XLON	00412638244TRLO1
10 August 2026 14:31:38	78	978.50	XLON	00412638245TRLO1
10 August 2026 14:35:11	77	978.00	XLON	00412638499TRLO1
10 August 2026 14:38:54	81	977.00	XLON	00412638895TRLO1
10 August 2026 14:45:16	67	977.50	XLON	00412639366TRLO1
10 August 2026 14:45:16	68	977.50	XLON	00412639367TRLO1
10 August 2026 14:45:16	65	977.50	XLON	00412639368TRLO1
10 August 2026 14:46:23	80	976.50	XLON	00412639422TRLO1
10 August 2026 14:48:47	80	976.00	XLON	00412639638TRLO1
10 August 2026 14:50:03	82	975.50	XLON	00412639735TRLO1
10 August 2026 14:51:56	80	975.50	XLON	00412639810TRLO1
10 August 2026 14:53:37	15	975.50	XLON	00412639896TRLO1
10 August 2026 14:53:37	39	975.50	XLON	00412639897TRLO1
10 August 2026 14:53:37	26	975.50	XLON	00412639898TRLO1
10 August 2026 14:53:37	23	974.50	XLON	00412639899TRLO1
10 August 2026 14:53:37	20	974.50	XLON	00412639900TRLO1
10 August 2026 14:56:35	43	974.00	XLON	00412640041TRLO1
10 August 2026 14:56:35	117	974.00	XLON	00412640042TRLO1
10 August 2026 14:56:37	165	972.50	XLON	00412640043TRLO1
10 August 2026 15:01:33	163	972.00	XLON	00412640520TRLO1
10 August 2026 15:01:33	81	972.00	XLON	00412640521TRLO1
10 August 2026 15:01:43	226	971.50	XLON	00412640552TRLO1
10 August 2026 15:07:08	164	971.00	XLON	00412640965TRLO1
10 August 2026 15:14:51	237	976.00	XLON	00412641520TRLO1
10 August 2026 15:15:57	151	976.00	XLON	00412641564TRLO1
10 August 2026 15:16:51	77	976.00	XLON	00412641584TRLO1
10 August 2026 15:22:01	76	976.00	XLON	00412641801TRLO1
10 August 2026 15:24:18	78	975.50	XLON	00412641875TRLO1
10 August 2026 15:24:21	79	975.50	XLON	00412641878TRLO1
10 August 2026 15:24:31	76	975.00	XLON	00412641887TRLO1
10 August 2026 15:31:07	76	974.50	XLON	00412642168TRLO1
10 August 2026 15:33:54	82	974.00	XLON	00412642294TRLO1
10 August 2026 15:33:54	82	974.00	XLON	00412642295TRLO1
10 August 2026 15:36:40	155	973.50	XLON	00412642401TRLO1
10 August 2026 15:39:14	1	973.00	XLON	00412642523TRLO1
10 August 2026 15:42:20	80	973.00	XLON	00412642641TRLO1
10 August 2026 15:42:20	81	973.00	XLON	00412642642TRLO1
10 August 2026 15:51:43	237	974.50	XLON	00412643105TRLO1
10 August 2026 15:51:46	234	974.00	XLON	00412643108TRLO1
10 August 2026 15:51:50	209	974.00	XLON	00412643111TRLO1
10 August 2026 15:51:50	9	974.00	XLON	00412643112TRLO1
10 August 2026 15:54:03	163	973.00	XLON	00412643190TRLO1
10 August 2026 16:02:57	72	975.00	XLON	00412643630TRLO1
10 August 2026 16:02:57	64	975.00	XLON	00412643631TRLO1
10 August 2026 16:02:57	355	975.00	XLON	00412643632TRLO1
10 August 2026 16:02:57	79	975.00	XLON	00412643633TRLO1
10 August 2026 16:07:12	160	974.00	XLON	00412643833TRLO1
10 August 2026 16:07:12	155	974.00	XLON	00412643834TRLO1
10 August 2026 16:08:19	155	973.50	XLON	00412643977TRLO1
10 August 2026 16:08:57	82	973.00	XLON	00412644021TRLO1
10 August 2026 16:11:58	8	974.00	XLON	00412644199TRLO1
10 August 2026 16:18:55	15	974.50	XLON	00412644535TRLO1
10 August 2026 16:18:55	103	974.50	XLON	00412644536TRLO1
10 August 2026 16:18:55	14	974.50	XLON	00412644537TRLO1
10 August 2026 16:18:56	54	975.00	XLON	00412644542TRLO1
10 August 2026 16:18:57	243	974.50	XLON	00412644547TRLO1
10 August 2026 16:19:39	248	973.50	XLON	00412644647TRLO1
10 August 2026 16:19:39	207	973.50	XLON	00412644648TRLO1
10 August 2026 16:19:39	34	973.50	XLON	00412644649TRLO1

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