Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

02 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:				01 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:			1,353,863	1.50%	1,082,283	1.20%
(2)	Cash-settled derivatives:
	and/or controlled:			1,053,143	1.17%	1,353,044	1.50%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			2,407,006	2.66%	2,435,327	2.70%
(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		89,853		9.8404  GBP	9.5528  GBP
0.25p ordinary		Sale		184,735		9.8400  GBP	9.5400  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		Increasing Long		192	9.8400  GBP
0.25p ordinary		SWAP		Increasing Short		233	9.5907  GBP
0.25p ordinary		SWAP		Increasing Long		2,135	9.6779  GBP
0.25p ordinary		SWAP		Increasing Short		1,751	9.6093  GBP
0.25p ordinary		SWAP		Increasing Short		129	9.6126  GBP
0.25p ordinary		SWAP		Decreasing Long		821	9.6302  GBP
0.25p ordinary		SWAP		Decreasing Short		650	9.8400  GBP
0.25p ordinary		SWAP		Opening Long		4,548	9.8400  GBP
0.25p ordinary		SWAP		Closing Short		1,259	9.8400  GBP
0.25p ordinary		SWAP		Opening Long		1,096	9.8400  GBP
0.25p ordinary		SWAP		Increasing Short		6,823	9.8400  GBP
0.25p ordinary		SWAP		Increasing Short		22	9.6165  GBP
0.25p ordinary		SWAP		Increasing Long		327	9.6750  GBP
0.25p ordinary		SWAP		Decreasing Long		3,331	9.6300  GBP
0.25p ordinary		SWAP		Increasing Long		2,011	9.6450  GBP
0.25p ordinary		SWAP		Increasing Long		15	9.6505  GBP
0.25p ordinary		SWAP		Decreasing Short		4	9.6149  GBP
0.25p ordinary		SWAP		Decreasing Long		233	9.8400  GBP
0.25p ordinary		SWAP		Increasing Long		1	9.6100  GBP
0.25p ordinary		SWAP		Increasing Long		2,930	9.8333  GBP
0.25p ordinary		SWAP		Increasing Long		779	9.8400  GBP
0.25p ordinary		SWAP		Decreasing Short		38,639	9.7189  GBP
0.25p ordinary		SWAP		Closing Short		2	9.6100  GBP
0.25p ordinary		SWAP		Increasing Long		928	9.5758  GBP
0.25p ordinary		SWAP		Increasing Long		345	9.5758  GBP
0.25p ordinary		CFD		Closing Short		681	9.8392  GBP
0.25p ordinary		CFD		Decreasing Short		1,500	9.7547  GBP
0.25p ordinary		CFD		Increasing Long		1,582	9.7150  GBP
0.25p ordinary		CFD		Increasing Short		750	9.5891  GBP
0.25p ordinary		SWAP		Decreasing Short		20	9.6190  GBP
0.25p ordinary		SWAP		Increasing Long		2,059	9.6450  GBP
0.25p ordinary		SWAP		Increasing Long		375	9.8120  GBP
0.25p ordinary		SWAP		Increasing Short		233	9.6085  GBP
0.25p ordinary		SWAP		Decreasing Long		193	9.6100  GBP
0.25p ordinary		SWAP		Increasing Short		4,755	9.6729  GBP
0.25p ordinary		SWAP		Decreasing Short		158	9.5958  GBP
0.25p ordinary		SWAP		Decreasing Short		1,146	9.7068  GBP
0.25p ordinary		SWAP		Increasing Long		78	9.7300  GBP
0.25p ordinary		SWAP		Decreasing Long		3,763	9.6325  GBP
0.25p ordinary		SWAP		Increasing Long		1,646	9.6300  GBP
0.25p ordinary		SWAP		Increasing Long		6,934	9.6644  GBP
0.25p ordinary		SWAP		Decreasing Long		233	9.6100  GBP
0.25p ordinary		SWAP		Increasing Long		7,864	9.7682  GBP
0.25p ordinary		SWAP		Decreasing Short		120	9.5750  GBP
0.25p ordinary		SWAP		Decreasing Long		8	9.8400  GBP
0.25p ordinary		SWAP		Decreasing Long		3	9.8400  GBP
0.25p ordinary		CFD		Decreasing Short		2,430	9.5783  GBP
0.25p ordinary		CFD		Increasing Short		5,300	9.5984  GBP
0.25p ordinary		SWAP		Increasing Long		1,685	9.6300  GBP
0.25p ordinary		SWAP		Increasing Short		233	9.6143  GBP
0.25p ordinary		SWAP		Closing Short		161	9.6877  GBP
0.25p ordinary		SWAP		Opening Long		606	9.6877  GBP
0.25p ordinary		SWAP		Increasing Long		75	9.7050  GBP
0.25p ordinary		SWAP		Decreasing Long		4,070	9.6450  GBP
0.25p ordinary		SWAP		Increasing Long		1,859	9.6325  GBP
0.25p ordinary		SWAP		Increasing Long		5,605	9.6425  GBP
0.25p ordinary		SWAP		Increasing Long		667	9.5846  GBP
0.25p ordinary		SWAP		Increasing Short		640	9.8400  GBP
0.25p ordinary		CFD		Decreasing Short		2,276	9.6699  GBP
0.25p ordinary		SWAP		Increasing Long		1,904	9.6325  GBP
0.25p ordinary		SWAP		Increasing Short		466	9.5528  GBP
0.25p ordinary		SWAP		Increasing Long		84	9.7175  GBP
0.25p ordinary		SWAP		Decreasing Long		73	9.6325  GBP
0.25p ordinary		SWAP		Increasing Long		36	9.6325  GBP
0.25p ordinary		SWAP		Increasing Long		10,433	9.6096  GBP
0.25p ordinary		SWAP		Decreasing Long		305	9.5851  GBP
0.25p ordinary		SWAP		Increasing Short		463	9.5797  GBP
0.25p ordinary		CFD		Closing Short		3,930	9.6126  GBP
0.25p ordinary		CFD		Opening Long		3,810	9.6126  GBP
0.25p ordinary		SWAP		Increasing Long		37	9.6325  GBP
0.25p ordinary		SWAP		Increasing Short		1,722	9.8404  GBP
0.25p ordinary		SWAP		Increasing Long		88	9.7175  GBP
0.25p ordinary		SWAP		Decreasing Long		4,860	9.6750  GBP
0.25p ordinary		SWAP		Increasing Long		2,208	9.6750  GBP
0.25p ordinary		SWAP		Increasing Long		995	9.5848  GBP
0.25p ordinary		SWAP		Decreasing Short		14,508	9.8400  GBP
0.25p ordinary		CFD		Decreasing Long		3,571	9.6399  GBP
0.25p ordinary		SWAP		Increasing Long		2,325	9.6750  GBP
0.25p ordinary		SWAP		Increasing Short		523	9.8404  GBP
0.25p ordinary		SWAP		Increasing Long		76	9.7335  GBP
0.25p ordinary		SWAP		Decreasing Long		1,248	9.7175  GBP
0.25p ordinary		SWAP		Increasing Long		567	9.7175  GBP
0.25p ordinary		SWAP		Decreasing Long		312	9.5587  GBP
0.25p ordinary		SWAP		Decreasing Short		561	9.6859  GBP
0.25p ordinary		CFD		Closing Long		239	9.8400  GBP
0.25p ordinary		SWAP		Increasing Long		597	9.7175  GBP
0.25p ordinary		SWAP		Decreasing Long		1,114	9.7050  GBP
0.25p ordinary		SWAP		Increasing Long		506	9.7050  GBP
0.25p ordinary		SWAP		Decreasing Long		323	9.5897  GBP
0.25p ordinary		SWAP		Decreasing Short		160	9.8150  GBP
0.25p ordinary		SWAP		Increasing Long		533	9.7050  GBP
0.25p ordinary		SWAP		Decreasing Long		78	9.7300  GBP
0.25p ordinary		SWAP		Increasing Long		599	9.7175  GBP
0.25p ordinary		SWAP		Increasing Long		10,481	9.8400  GBP
0.25p ordinary		SWAP		Increasing Short		909	9.6156  GBP
0.25p ordinary		SWAP		Increasing Long		631	9.7175  GBP
0.25p ordinary		SWAP		Decreasing Long		1,318	9.7175  GBP
0.25p ordinary		SWAP		Increasing Long		1,258	9.6163  GBP
0.25p ordinary		SWAP		Decreasing Long		5,544	9.5958  GBP
0.25p ordinary		SWAP		Increasing Short		411	9.6014  GBP
0.25p ordinary		SWAP		Increasing Long		1,282	9.6168  GBP
0.25p ordinary		SWAP		Decreasing Long		393	9.7930  GBP
0.25p ordinary		SWAP		Decreasing Long		270	9.5731  GBP
0.25p ordinary		SWAP		Increasing Short		1,292	9.5847  GBP
0.25p ordinary		SWAP		Decreasing Short		624	9.7522  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:				02 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END