Transaction in Own Shares

Gamma Communications PLC

20 August 2026

 

20 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:	19 August 2026
Number of ordinary shares purchased:	15,666
Lowest price per share (pence):	968.00
Highest price per share (pence):	987.50
Weighted average price per day (pence):	975.2968

 The Company intends to cancel the purchased ordinary shares.

Following settlement of the above purchases, Gamma has purchased a total of 3,095,943 ordinary shares since the commencement of the buyback programme and will have 90,668,408 ordinary shares in issue. There are 1,503,674 ordinary shares held in treasury. The total voting rights in the Company are therefore 89,164,734 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 89,164,734 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	975.2968	15,666	968.00	987.50

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
19 August 2026 08:11:46	78	978.50	XLON	00414524612TRLO1
19 August 2026 08:11:46	76	979.00	XLON	00414524613TRLO1
19 August 2026 09:01:30	80	970.00	XLON	00414563517TRLO1
19 August 2026 09:01:48	77	970.00	XLON	00414563717TRLO1
19 August 2026 09:01:53	79	970.50	XLON	00414563768TRLO1
19 August 2026 09:02:07	25	970.50	XLON	00414563919TRLO1
19 August 2026 09:02:07	36	970.50	XLON	00414563920TRLO1
19 August 2026 09:11:16	166	971.50	XLON	00414570052TRLO1
19 August 2026 09:11:27	164	972.00	XLON	00414570150TRLO1
19 August 2026 09:25:19	79	972.00	XLON	00414580808TRLO1
19 August 2026 09:25:21	82	972.50	XLON	00414580831TRLO1
19 August 2026 09:25:29	82	972.00	XLON	00414580921TRLO1
19 August 2026 09:25:30	76	971.50	XLON	00414580935TRLO1
19 August 2026 09:28:23	76	971.00	XLON	00414583463TRLO1
19 August 2026 09:41:59	81	971.00	XLON	00414596524TRLO1
19 August 2026 09:43:18	76	972.00	XLON	00414598510TRLO1
19 August 2026 09:43:41	77	972.50	XLON	00414599035TRLO1
19 August 2026 09:47:50	78	972.00	XLON	00414605104TRLO1
19 August 2026 09:47:50	80	971.50	XLON	00414605105TRLO1
19 August 2026 09:47:50	38	971.50	XLON	00414605106TRLO1
19 August 2026 09:49:10	80	971.00	XLON	00414607010TRLO1
19 August 2026 09:50:41	77	970.50	XLON	00414609090TRLO1
19 August 2026 10:05:09	80	970.50	XLON	00414631165TRLO1
19 August 2026 10:05:09	37	970.50	XLON	00414631166TRLO1
19 August 2026 10:05:10	37	970.50	XLON	00414631189TRLO1
19 August 2026 10:06:05	207	971.00	XLON	00414633154TRLO1
19 August 2026 10:06:10	19	971.00	XLON	00414633293TRLO1
19 August 2026 10:15:07	79	971.00	XLON	00414647787TRLO1
19 August 2026 10:18:48	21	971.00	XLON	00414654444TRLO1
19 August 2026 11:20:37	77	973.00	XLON	00414725201TRLO1
19 August 2026 11:20:38	83	971.00	XLON	00414725202TRLO1
19 August 2026 11:20:49	76	971.00	XLON	00414725223TRLO1
19 August 2026 11:20:49	380	971.00	XLON	00414725224TRLO1
19 August 2026 11:40:06	76	970.50	XLON	00414726328TRLO1
19 August 2026 11:40:06	76	970.50	XLON	00414726329TRLO1
19 August 2026 12:09:52	82	971.00	XLON	00414727135TRLO1
19 August 2026 12:09:53	80	970.50	XLON	00414727136TRLO1
19 August 2026 12:41:01	200	969.50	XLON	00414728030TRLO1
19 August 2026 12:41:05	6	969.00	XLON	00414728031TRLO1
19 August 2026 12:47:33	162	970.00	XLON	00414728138TRLO1
19 August 2026 12:47:33	52	970.50	XLON	00414728139TRLO1
19 August 2026 12:47:33	166	970.50	XLON	00414728140TRLO1
19 August 2026 12:47:33	43	970.50	XLON	00414728141TRLO1
19 August 2026 12:47:39	43	970.00	XLON	00414728143TRLO1
19 August 2026 12:47:39	229	970.00	XLON	00414728144TRLO1
19 August 2026 12:51:30	81	970.00	XLON	00414728197TRLO1
19 August 2026 13:02:22	77	969.50	XLON	00414728439TRLO1
19 August 2026 13:02:22	76	969.50	XLON	00414728440TRLO1
19 August 2026 13:04:47	82	970.00	XLON	00414728524TRLO1
19 August 2026 13:06:16	81	970.00	XLON	00414728552TRLO1
19 August 2026 13:09:13	82	969.50	XLON	00414728633TRLO1
19 August 2026 13:09:16	94	969.50	XLON	00414728635TRLO1
19 August 2026 13:17:24	39	969.50	XLON	00414728787TRLO1
19 August 2026 13:30:18	271	968.50	XLON	00414729193TRLO1
19 August 2026 13:30:18	117	968.50	XLON	00414729194TRLO1
19 August 2026 13:30:19	161	968.00	XLON	00414729195TRLO1
19 August 2026 13:41:27	80	970.00	XLON	00414729611TRLO1
19 August 2026 13:44:45	76	969.00	XLON	00414729703TRLO1
19 August 2026 13:54:54	200	969.00	XLON	00414730241TRLO1
19 August 2026 13:55:10	100	969.50	XLON	00414730254TRLO1
19 August 2026 13:55:10	26	970.00	XLON	00414730255TRLO1
19 August 2026 13:55:10	164	970.00	XLON	00414730256TRLO1
19 August 2026 13:55:22	76	969.50	XLON	00414730261TRLO1
19 August 2026 13:55:34	79	969.00	XLON	00414730265TRLO1
19 August 2026 14:07:30	62	969.50	XLON	00414730551TRLO1
19 August 2026 14:07:30	20	969.50	XLON	00414730552TRLO1
19 August 2026 14:07:31	82	969.00	XLON	00414730554TRLO1
19 August 2026 14:11:24	80	968.50	XLON	00414730657TRLO1
19 August 2026 14:11:30	200	968.50	XLON	00414730658TRLO1
19 August 2026 14:20:30	44	968.50	XLON	00414730965TRLO1
19 August 2026 14:20:30	119	968.50	XLON	00414730966TRLO1
19 August 2026 14:23:54	79	970.00	XLON	00414731090TRLO1
19 August 2026 14:23:54	18	971.50	XLON	00414731091TRLO1
19 August 2026 14:23:54	5	971.50	XLON	00414731092TRLO1
19 August 2026 14:23:54	11	971.50	XLON	00414731093TRLO1
19 August 2026 14:23:54	9	971.50	XLON	00414731094TRLO1
19 August 2026 14:23:54	26	971.50	XLON	00414731095TRLO1
19 August 2026 14:23:54	9	971.50	XLON	00414731096TRLO1
19 August 2026 14:23:54	11	971.50	XLON	00414731097TRLO1
19 August 2026 14:23:54	4	971.50	XLON	00414731098TRLO1
19 August 2026 14:23:54	11	971.50	XLON	00414731099TRLO1
19 August 2026 14:23:54	21	971.50	XLON	00414731100TRLO1
19 August 2026 14:23:54	11	971.50	XLON	00414731101TRLO1
19 August 2026 14:23:54	11	971.50	XLON	00414731102TRLO1
19 August 2026 14:23:54	21	971.50	XLON	00414731103TRLO1
19 August 2026 14:23:54	11	971.50	XLON	00414731104TRLO1
19 August 2026 14:23:54	21	971.50	XLON	00414731105TRLO1
19 August 2026 14:23:54	11	971.50	XLON	00414731106TRLO1
19 August 2026 14:23:54	11	971.50	XLON	00414731107TRLO1
19 August 2026 14:23:54	21	971.50	XLON	00414731108TRLO1
19 August 2026 14:23:54	11	971.50	XLON	00414731109TRLO1
19 August 2026 14:23:54	21	971.50	XLON	00414731110TRLO1
19 August 2026 14:23:54	11	971.50	XLON	00414731111TRLO1
19 August 2026 14:23:54	21	971.50	XLON	00414731112TRLO1
19 August 2026 14:23:54	11	971.50	XLON	00414731113TRLO1
19 August 2026 14:23:54	26	971.50	XLON	00414731114TRLO1
19 August 2026 14:23:54	26	971.50	XLON	00414731115TRLO1
19 August 2026 14:24:15	79	971.50	XLON	00414731149TRLO1
19 August 2026 14:24:21	81	971.00	XLON	00414731150TRLO1
19 August 2026 14:24:36	483	971.50	XLON	00414731163TRLO1
19 August 2026 14:24:36	451	971.00	XLON	00414731164TRLO1
19 August 2026 14:24:36	163	971.00	XLON	00414731165TRLO1
19 August 2026 14:24:36	171	971.00	XLON	00414731166TRLO1
19 August 2026 14:25:03	136	974.50	XLON	00414731179TRLO1
19 August 2026 14:25:03	240	974.50	XLON	00414731180TRLO1
19 August 2026 14:25:03	106	975.50	XLON	00414731181TRLO1
19 August 2026 14:25:17	406	975.50	XLON	00414731187TRLO1
19 August 2026 14:25:17	304	975.50	XLON	00414731188TRLO1
19 August 2026 14:26:41	163	975.00	XLON	00414731234TRLO1
19 August 2026 14:26:45	82	975.50	XLON	00414731237TRLO1
19 August 2026 14:33:27	80	975.50	XLON	00414731562TRLO1
19 August 2026 14:34:16	81	974.50	XLON	00414731619TRLO1
19 August 2026 14:34:16	81	974.50	XLON	00414731620TRLO1
19 August 2026 14:36:30	77	976.00	XLON	00414731823TRLO1
19 August 2026 14:40:21	160	977.00	XLON	00414732062TRLO1
19 August 2026 14:40:25	29	977.00	XLON	00414732071TRLO1
19 August 2026 14:40:48	29	977.00	XLON	00414732109TRLO1
19 August 2026 14:40:48	131	977.00	XLON	00414732110TRLO1
19 August 2026 14:41:55	82	977.00	XLON	00414732227TRLO1
19 August 2026 14:45:15	81	977.50	XLON	00414732503TRLO1
19 August 2026 14:45:15	81	977.50	XLON	00414732504TRLO1
19 August 2026 14:47:25	5	977.00	XLON	00414732628TRLO1
19 August 2026 14:51:42	5	977.50	XLON	00414732987TRLO1
19 August 2026 14:51:42	76	977.50	XLON	00414732988TRLO1
19 August 2026 14:51:55	76	977.00	XLON	00414733001TRLO1
19 August 2026 14:51:56	76	976.50	XLON	00414733002TRLO1
19 August 2026 14:52:17	82	977.00	XLON	00414733045TRLO1
19 August 2026 15:02:37	82	977.50	XLON	00414733715TRLO1
19 August 2026 15:05:35	81	981.50	XLON	00414733844TRLO1
19 August 2026 15:07:41	77	982.50	XLON	00414733929TRLO1
19 August 2026 15:07:41	77	982.50	XLON	00414733930TRLO1
19 August 2026 15:08:41	35	983.50	XLON	00414733981TRLO1
19 August 2026 15:08:41	44	983.50	XLON	00414733982TRLO1
19 August 2026 15:10:08	79	983.50	XLON	00414734041TRLO1
19 August 2026 15:11:35	51	983.50	XLON	00414734144TRLO1
19 August 2026 15:11:35	28	983.50	XLON	00414734145TRLO1
19 August 2026 15:12:03	79	982.50	XLON	00414734168TRLO1
19 August 2026 15:12:03	79	982.50	XLON	00414734169TRLO1
19 August 2026 15:12:03	77	981.50	XLON	00414734170TRLO1
19 August 2026 15:16:23	164	982.50	XLON	00414734356TRLO1
19 August 2026 15:16:23	125	982.00	XLON	00414734357TRLO1
19 August 2026 15:16:23	37	982.00	XLON	00414734358TRLO1
19 August 2026 15:16:23	125	982.00	XLON	00414734359TRLO1
19 August 2026 15:20:19	80	983.00	XLON	00414734562TRLO1
19 August 2026 15:23:21	26	982.50	XLON	00414734800TRLO1
19 August 2026 15:24:05	55	982.50	XLON	00414734961TRLO1
19 August 2026 15:24:05	26	982.50	XLON	00414734962TRLO1
19 August 2026 15:24:34	78	982.00	XLON	00414734997TRLO1
19 August 2026 15:25:11	82	980.50	XLON	00414735086TRLO1
19 August 2026 15:32:11	75	982.00	XLON	00414735638TRLO1
19 August 2026 15:32:16	81	982.50	XLON	00414735682TRLO1
19 August 2026 15:35:00	57	983.00	XLON	00414735785TRLO1
19 August 2026 15:35:00	25	983.00	XLON	00414735786TRLO1
19 August 2026 15:36:18	77	983.00	XLON	00414735868TRLO1
19 August 2026 15:37:01	77	982.50	XLON	00414735913TRLO1
19 August 2026 15:41:49	273	983.50	XLON	00414736429TRLO1
19 August 2026 15:45:21	239	984.50	XLON	00414736649TRLO1
19 August 2026 15:45:21	233	984.50	XLON	00414736651TRLO1
19 August 2026 15:45:22	79	984.50	XLON	00414736653TRLO1
19 August 2026 15:52:29	77	984.00	XLON	00414737017TRLO1
19 August 2026 15:52:29	77	984.00	XLON	00414737018TRLO1
19 August 2026 15:52:29	76	984.00	XLON	00414737019TRLO1
19 August 2026 15:52:29	77	984.00	XLON	00414737020TRLO1
19 August 2026 16:04:18	162	985.50	XLON	00414737721TRLO1
19 August 2026 16:12:05	15	986.50	XLON	00414738252TRLO1
19 August 2026 16:12:05	30	986.50	XLON	00414738253TRLO1
19 August 2026 16:13:54	51	986.50	XLON	00414738374TRLO1
19 August 2026 16:13:54	56	986.50	XLON	00414738375TRLO1
19 August 2026 16:16:46	49	987.50	XLON	00414738595TRLO1
19 August 2026 16:16:46	61	987.50	XLON	00414738596TRLO1
19 August 2026 16:16:46	99	987.50	XLON	00414738597TRLO1
19 August 2026 16:16:46	15	987.50	XLON	00414738598TRLO1
19 August 2026 16:16:46	77	986.00	XLON	00414738599TRLO1
19 August 2026 16:16:46	114	986.50	XLON	00414738600TRLO1
19 August 2026 16:16:46	20	986.50	XLON	00414738601TRLO1
19 August 2026 16:16:46	60	986.50	XLON	00414738602TRLO1
19 August 2026 16:16:46	77	986.00	XLON	00414738603TRLO1
19 August 2026 16:18:56	12	986.50	XLON	00414738727TRLO1
19 August 2026 16:18:56	57	986.50	XLON	00414738728TRLO1
19 August 2026 16:18:56	29	986.50	XLON	00414738729TRLO1
19 August 2026 16:18:56	10	986.50	XLON	00414738730TRLO1
19 August 2026 16:18:56	12	986.50	XLON	00414738731TRLO1
19 August 2026 16:18:56	57	986.50	XLON	00414738732TRLO1
19 August 2026 16:18:56	10	986.50	XLON	00414738733TRLO1
19 August 2026 16:18:56	10	986.50	XLON	00414738734TRLO1
19 August 2026 16:18:56	12	986.50	XLON	00414738735TRLO1
19 August 2026 16:18:56	42	986.50	XLON	00414738736TRLO1
19 August 2026 16:19:38	76	986.00	XLON	00414738773TRLO1
19 August 2026 16:19:38	52	986.00	XLON	00414738774TRLO1
19 August 2026 16:19:38	20	986.00	XLON	00414738775TRLO1
19 August 2026 16:19:39	82	985.50	XLON	00414738777TRLO1

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