Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

26 June 2026

 

FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
(OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1.				KEY INFORMATION
(a)	Name of exempt principal trader:				BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose				GAMMA COMMUNICATIONS PLC
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				GAMMA COMMUNICATIONS PLC
	principal trader is connected
(d)	Date position held/dealing undertaken:				25 Jun 2026
(e)	In addition to the company in 1(b) above, is the exempt principal				NO
	trader making disclosures in respect of any other party to the offer?
2.				POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing (if any)
Class of relevant security:				0.25p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			876,039	0.97%	1,321,786	1.47%
(2)	Cash-settled derivatives:
	and/or controlled:			1,300,222	1.45%	870,618	0.97%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			2,176,261	2.42%	2,192,404	2.44%
(b)	Rights to subscribe for new securities (including directors and other executive
	options)
Class of relevant security in relation to
which subscription right exists
Details, including nature of the rights
concerned and relevant percentages:
3.				DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Total number of		Highest price per unit	Lowest price per unit
security				securities		paid/received	paid/received
0.25p ordinary		Purchase		315,118		8.5325  GBP	7.9510  GBP
0.25p ordinary		Sale		131,478		8.5336  GBP	8.3552  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
0.25p ordinary		SWAP		Decreasing Long		336	8.3850  GBP
0.25p ordinary		SWAP		Increasing Short		1,325	8.3854  GBP
0.25p ordinary		SWAP		Increasing Long		1,753	8.4979  GBP
0.25p ordinary		SWAP		Increasing Long		2,813	8.4801  GBP
0.25p ordinary		SWAP		Increasing Long		1,318	8.4159  GBP
0.25p ordinary		SWAP		Increasing Long		747	8.4384  GBP
0.25p ordinary		SWAP		Decreasing Long		678	8.4918  GBP
0.25p ordinary		SWAP		Increasing Short		2,579	8.3850  GBP
0.25p ordinary		SWAP		Decreasing Short		228	8.4023  GBP
0.25p ordinary		SWAP		Increasing Long		2,351	8.3850  GBP
0.25p ordinary		SWAP		Decreasing Long		26	8.4114  GBP
0.25p ordinary		SWAP		Decreasing Long		69	8.4106  GBP
0.25p ordinary		SWAP		Decreasing Long		912	8.3888  GBP
0.25p ordinary		SWAP		Decreasing Long		227	8.4104  GBP
0.25p ordinary		SWAP		Decreasing Long		2,473	8.4104  GBP
0.25p ordinary		SWAP		Increasing Long		9,779	8.3850  GBP
0.25p ordinary		SWAP		Opening Long		4	8.4712  GBP
0.25p ordinary		SWAP		Decreasing Long		1,390	8.3697  GBP
0.25p ordinary		SWAP		Increasing Long		3,054	8.4122  GBP
0.25p ordinary		SWAP		Increasing Long		1,653	8.4263  GBP
0.25p ordinary		SWAP		Increasing Long		10,516	8.3845  GBP
0.25p ordinary		SWAP		Decreasing Long		1,388	8.3854  GBP
0.25p ordinary		SWAP		Increasing Long		294	8.4562  GBP
0.25p ordinary		SWAP		Increasing Short		2,696	8.1284  GBP
0.25p ordinary		SWAP		Increasing Short		173,291	8.4650  GBP
0.25p ordinary		SWAP		Closing Short		4	8.3850  GBP
0.25p ordinary		SWAP		Opening Long		1	8.3850  GBP
0.25p ordinary		SWAP		Decreasing Long		4,093	8.4394  GBP
0.25p ordinary		SWAP		Decreasing Long		1,521	8.4394  GBP
0.25p ordinary		CFD		Decreasing Long		123	8.3304  GBP
0.25p ordinary		SWAP		Increasing Short		1,501	8.4402  GBP
0.25p ordinary		SWAP		Decreasing Short		99	8.4444  GBP
0.25p ordinary		SWAP		Closing Long		2,016	8.4411  GBP
0.25p ordinary		SWAP		Decreasing Long		532	8.3926  GBP
0.25p ordinary		SWAP		Increasing Short		445	8.3854  GBP
0.25p ordinary		SWAP		Decreasing Long		168	8.3850  GBP
0.25p ordinary		SWAP		Decreasing Long		485	8.3891  GBP
0.25p ordinary		SWAP		Decreasing Long		2,425	8.3850  GBP
0.25p ordinary		SWAP		Closing Short		53	8.4218  GBP
0.25p ordinary		SWAP		Opening Long		74	8.4218  GBP
0.25p ordinary		SWAP		Decreasing Long		3,206	8.4603  GBP
0.25p ordinary		SWAP		Increasing Long		8,379	8.0938  GBP
0.25p ordinary		SWAP		Decreasing Long		4,161	8.3744  GBP
0.25p ordinary		SWAP		Increasing Short		2,695	7.9511  GBP
0.25p ordinary		SWAP		Increasing Short		46,985	8.4650  GBP
0.25p ordinary		SWAP		Closing Long		1	8.4000  GBP
0.25p ordinary		SWAP		Increasing Short		99	8.3850  GBP
0.25p ordinary		SWAP		Decreasing Long		231	8.3350  GBP
0.25p ordinary		SWAP		Decreasing Long		12,784	8.4512  GBP
0.25p ordinary		SWAP		Decreasing Long		53,355	8.3025  GBP
0.25p ordinary		SWAP		Increasing Long		6,425	8.4805  GBP
0.25p ordinary		SWAP		Increasing Short		2,696	8.0356  GBP
0.25p ordinary		SWAP		Decreasing Short		44,296	8.4346  GBP
0.25p ordinary		SWAP		Increasing Long		61,699	8.0481  GBP
0.25p ordinary		SWAP		Increasing Long		1,263	8.3850  GBP
0.25p ordinary		SWAP		Decreasing Short		2,594	8.4544  GBP
0.25p ordinary		SWAP		Increasing Long		1,294	8.3850  GBP
0.25p ordinary		SWAP		Increasing Short		665	8.5089  GBP
0.25p ordinary		SWAP		Decreasing Long		257	8.4459  GBP
0.25p ordinary		SWAP		Decreasing Short		1,937	8.4559  GBP
0.25p ordinary		SWAP		Increasing Long		176	8.4566  GBP
0.25p ordinary		SWAP		Decreasing Short		1,760	8.3850  GBP
0.25p ordinary		SWAP		Decreasing Long		3,654	8.3945  GBP
0.25p ordinary		SWAP		Increasing Short		659	8.3850  GBP
0.25p ordinary		SWAP		Increasing Long		254	8.4900  GBP
0.25p ordinary		SWAP		Increasing Short		3,721	8.4384  GBP
0.25p ordinary		SWAP		Decreasing Long		239	8.3850  GBP
0.25p ordinary		SWAP		Increasing Short		11,694	8.4475  GBP
0.25p ordinary		SWAP		Increasing Long		1,044	8.4352  GBP
0.25p ordinary		SWAP		Decreasing Long		3,847	8.4668  GBP
0.25p ordinary		SWAP		Increasing Long		21,793	8.4633  GBP
0.25p ordinary		SWAP		Decreasing Long		7,360	8.4396  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)
4.				OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding,
formal or informal, relating to relevant securities which may be an inducement to deal
or refrain from dealing entered into by the exempt principal trader making the disclosure and any party
to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between
the exempt principal trader making the disclosure and any other person relating to:
(i)   the voting rights of any relevant securities under any option; or
(ii)   the voting rights of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				26 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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