Transaction in Own Shares

Gamma Communications PLC

19 August 2026

 

19 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:	18 August 2026
Number of ordinary shares purchased:	15,481
Lowest price per share (pence):	967.00
Highest price per share (pence):	984.00
Weighted average price per day (pence):	973.0570

 The Company intends to cancel the purchased ordinary shares.

Following settlement of the above purchases, Gamma has purchased a total of 3,080,277 ordinary shares since the commencement of the buyback programme and will have 90,684,074 ordinary shares in issue. There are 1,503,674 ordinary shares held in treasury. The total voting rights in the Company are therefore 89,180,400 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 89,180,400 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	973.0570	15,481	967.00	984.00

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
18 August 2026 09:55:10	157	970.00	XLON	00414275153TRLO1
18 August 2026 09:55:10	532	970.00	XLON	00414275154TRLO1
18 August 2026 10:14:15	3	980.50	XLON	00414292226TRLO1
18 August 2026 10:14:17	120	984.00	XLON	00414292257TRLO1
18 August 2026 10:14:17	156	982.00	XLON	00414292259TRLO1
18 August 2026 10:15:38	165	981.00	XLON	00414293495TRLO1
18 August 2026 10:16:39	155	981.00	XLON	00414294556TRLO1
18 August 2026 10:17:22	9	982.00	XLON	00414295038TRLO1
18 August 2026 10:24:43	158	981.00	XLON	00414301697TRLO1
18 August 2026 10:26:38	77	980.00	XLON	00414303574TRLO1
18 August 2026 10:26:44	97	980.00	XLON	00414303658TRLO1
18 August 2026 10:26:44	74	980.00	XLON	00414303659TRLO1
18 August 2026 10:27:22	80	979.00	XLON	00414304147TRLO1
18 August 2026 10:27:23	77	978.50	XLON	00414304173TRLO1
18 August 2026 10:27:38	83	979.00	XLON	00414304431TRLO1
18 August 2026 10:30:09	83	978.50	XLON	00414306453TRLO1
18 August 2026 10:30:53	82	978.00	XLON	00414307202TRLO1
18 August 2026 10:41:06	28	977.00	XLON	00414320446TRLO1
18 August 2026 10:55:16	77	978.50	XLON	00414329680TRLO1
18 August 2026 11:01:57	84	978.50	XLON	00414330950TRLO1
18 August 2026 11:01:57	83	978.50	XLON	00414330951TRLO1
18 August 2026 11:05:09	83	978.00	XLON	00414331031TRLO1
18 August 2026 11:26:34	80	978.00	XLON	00414331513TRLO1
18 August 2026 11:26:35	77	977.00	XLON	00414331515TRLO1
18 August 2026 11:49:11	79	978.00	XLON	00414332499TRLO1
18 August 2026 11:49:11	78	978.00	XLON	00414332500TRLO1
18 August 2026 11:49:11	79	978.00	XLON	00414332501TRLO1
18 August 2026 12:02:00	100	977.00	XLON	00414332767TRLO1
18 August 2026 12:10:04	77	977.00	XLON	00414332975TRLO1
18 August 2026 12:32:59	83	977.00	XLON	00414333712TRLO1
18 August 2026 12:35:59	83	976.50	XLON	00414333751TRLO1
18 August 2026 12:36:23	61	976.50	XLON	00414333761TRLO1
18 August 2026 12:36:24	2	976.50	XLON	00414333762TRLO1
18 August 2026 12:36:27	4	976.50	XLON	00414333763TRLO1
18 August 2026 12:36:27	5	976.50	XLON	00414333764TRLO1
18 August 2026 12:36:28	1	976.50	XLON	00414333765TRLO1
18 August 2026 12:36:32	3	976.50	XLON	00414333770TRLO1
18 August 2026 12:36:33	2	976.50	XLON	00414333772TRLO1
18 August 2026 12:36:36	2	976.50	XLON	00414333776TRLO1
18 August 2026 12:44:45	84	976.00	XLON	00414333969TRLO1
18 August 2026 12:47:44	77	975.00	XLON	00414334059TRLO1
18 August 2026 12:47:44	76	975.00	XLON	00414334060TRLO1
18 August 2026 12:47:44	77	975.00	XLON	00414334061TRLO1
18 August 2026 12:47:44	235	974.50	XLON	00414334062TRLO1
18 August 2026 12:47:44	240	974.50	XLON	00414334063TRLO1
18 August 2026 12:55:16	78	974.00	XLON	00414334224TRLO1
18 August 2026 12:55:16	236	974.00	XLON	00414334225TRLO1
18 August 2026 12:55:16	305	973.50	XLON	00414334226TRLO1
18 August 2026 12:55:23	176	973.50	XLON	00414334236TRLO1
18 August 2026 13:01:29	81	973.50	XLON	00414334401TRLO1
18 August 2026 13:01:29	9	974.00	XLON	00414334403TRLO1
18 August 2026 13:01:29	13	974.00	XLON	00414334404TRLO1
18 August 2026 13:01:29	251	974.00	XLON	00414334405TRLO1
18 August 2026 13:07:11	80	974.00	XLON	00414334474TRLO1
18 August 2026 13:09:10	79	973.50	XLON	00414334499TRLO1
18 August 2026 13:09:11	3	974.00	XLON	00414334500TRLO1
18 August 2026 13:09:11	83	973.50	XLON	00414334501TRLO1
18 August 2026 13:09:11	12	974.00	XLON	00414334502TRLO1
18 August 2026 13:09:11	10	974.00	XLON	00414334503TRLO1
18 August 2026 13:09:36	83	973.50	XLON	00414334513TRLO1
18 August 2026 13:12:44	69	973.00	XLON	00414334618TRLO1
18 August 2026 13:15:15	14	973.00	XLON	00414334655TRLO1
18 August 2026 13:15:15	69	973.00	XLON	00414334656TRLO1
18 August 2026 13:17:54	81	972.50	XLON	00414334681TRLO1
18 August 2026 13:27:59	80	973.00	XLON	00414334894TRLO1
18 August 2026 13:33:16	103	973.00	XLON	00414335034TRLO1
18 August 2026 13:33:16	77	972.50	XLON	00414335035TRLO1
18 August 2026 13:36:02	80	973.00	XLON	00414335090TRLO1
18 August 2026 14:16:02	16	973.00	XLON	00414336502TRLO1
18 August 2026 14:20:47	82	972.50	XLON	00414336693TRLO1
18 August 2026 14:20:47	81	972.50	XLON	00414336694TRLO1
18 August 2026 14:20:47	45	972.50	XLON	00414336695TRLO1
18 August 2026 14:22:21	166	971.50	XLON	00414336723TRLO1
18 August 2026 14:22:21	83	971.50	XLON	00414336724TRLO1
18 August 2026 14:22:21	2,068	971.50	XLON	00414336725TRLO1
18 August 2026 14:22:22	250	971.50	XLON	00414336726TRLO1
18 August 2026 14:22:26	237	971.50	XLON	00414336730TRLO1
18 August 2026 14:22:27	117	971.50	XLON	00414336731TRLO1
18 August 2026 14:22:27	79	971.00	XLON	00414336732TRLO1
18 August 2026 14:29:07	161	971.50	XLON	00414337426TRLO1
18 August 2026 14:29:09	77	971.00	XLON	00414337427TRLO1
18 August 2026 14:31:13	81	971.50	XLON	00414337729TRLO1
18 August 2026 14:31:14	80	971.50	XLON	00414337730TRLO1
18 August 2026 14:34:01	77	971.00	XLON	00414337922TRLO1
18 August 2026 14:38:30	80	970.50	XLON	00414338219TRLO1
18 August 2026 14:40:23	82	972.50	XLON	00414338307TRLO1
18 August 2026 14:41:24	79	972.00	XLON	00414338350TRLO1
18 August 2026 14:49:08	239	972.00	XLON	00414338583TRLO1
18 August 2026 14:53:09	82	971.50	XLON	00414338745TRLO1
18 August 2026 14:55:40	81	971.50	XLON	00414338842TRLO1
18 August 2026 14:55:40	27	970.00	XLON	00414338843TRLO1
18 August 2026 14:55:40	54	970.00	XLON	00414338844TRLO1
18 August 2026 14:58:27	81	969.50	XLON	00414338954TRLO1
18 August 2026 15:01:46	80	968.50	XLON	00414339109TRLO1
18 August 2026 15:01:46	79	968.50	XLON	00414339110TRLO1
18 August 2026 15:01:46	79	968.50	XLON	00414339111TRLO1
18 August 2026 15:01:46	79	968.50	XLON	00414339112TRLO1
18 August 2026 15:01:46	32	968.50	XLON	00414339113TRLO1
18 August 2026 15:01:46	47	968.50	XLON	00414339114TRLO1
18 August 2026 15:01:46	97	967.50	XLON	00414339115TRLO1
18 August 2026 15:01:46	145	967.50	XLON	00414339116TRLO1
18 August 2026 15:01:50	81	967.00	XLON	00414339121TRLO1
18 August 2026 15:10:49	234	970.00	XLON	00414339619TRLO1
18 August 2026 15:10:59	154	971.00	XLON	00414339627TRLO1
18 August 2026 15:22:08	36	973.00	XLON	00414340377TRLO1
18 August 2026 15:22:08	305	972.00	XLON	00414340378TRLO1
18 August 2026 15:22:08	239	972.00	XLON	00414340379TRLO1
18 August 2026 15:22:09	80	971.50	XLON	00414340380TRLO1
18 August 2026 15:31:13	243	973.00	XLON	00414340832TRLO1
18 August 2026 15:38:38	156	973.00	XLON	00414341142TRLO1
18 August 2026 15:38:38	77	973.00	XLON	00414341143TRLO1
18 August 2026 15:38:38	78	973.00	XLON	00414341144TRLO1
18 August 2026 15:39:44	21	973.00	XLON	00414341179TRLO1
18 August 2026 15:41:48	242	973.00	XLON	00414341266TRLO1
18 August 2026 15:48:47	66	973.50	XLON	00414341623TRLO1
18 August 2026 15:48:47	152	973.50	XLON	00414341624TRLO1
18 August 2026 15:53:24	76	973.00	XLON	00414341833TRLO1
18 August 2026 15:53:24	153	973.00	XLON	00414341834TRLO1
18 August 2026 15:53:24	65	973.00	XLON	00414341835TRLO1
18 August 2026 15:53:24	158	972.50	XLON	00414341836TRLO1
18 August 2026 15:53:24	78	972.50	XLON	00414341837TRLO1
18 August 2026 15:53:24	79	972.50	XLON	00414341838TRLO1
18 August 2026 15:55:04	79	972.00	XLON	00414341951TRLO1
18 August 2026 15:55:15	83	971.50	XLON	00414341968TRLO1
18 August 2026 15:56:48	82	971.00	XLON	00414342091TRLO1
18 August 2026 16:01:15	236	970.50	XLON	00414342390TRLO1
18 August 2026 16:13:02	324	970.50	XLON	00414343126TRLO1
18 August 2026 16:13:02	57	970.00	XLON	00414343127TRLO1
18 August 2026 16:13:02	65	970.50	XLON	00414343128TRLO1
18 August 2026 16:13:02	130	970.50	XLON	00414343129TRLO1
18 August 2026 16:13:02	49	970.50	XLON	00414343130TRLO1
18 August 2026 16:13:23	81	970.50	XLON	00414343155TRLO1
18 August 2026 16:14:18	45	970.50	XLON	00414343213TRLO1
18 August 2026 16:14:18	35	970.50	XLON	00414343214TRLO1
18 August 2026 16:15:23	79	970.00	XLON	00414343325TRLO1
18 August 2026 16:15:23	80	970.00	XLON	00414343326TRLO1

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