Form 8.5 EPT/Non RI GAMMA COMMUNICATIONS PLC

Barclays PLC

28 September 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 Sep 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:			2,004,682	2.25%	156,700	0.18%
(2)	Cash-settled derivatives:
	and/or controlled:			154,035	0.17%	1,998,375	2.24%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			2,158,717	2.42%	2,155,075	2.42%
(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		106,316		11.2487  GBP	11.1849  GBP
0.25p ordinary		Sale		134,589		11.2511  GBP	11.1900  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 Short		319	11.2386  GBP
0.25p ordinary		SWAP		Decreasing Long		294	11.2000  GBP
0.25p ordinary		SWAP		Decreasing Long		249	11.2258  GBP
0.25p ordinary		SWAP		Decreasing Long		11,140	11.2200  GBP
0.25p ordinary		SWAP		Increasing Short		258	11.2199  GBP
0.25p ordinary		SWAP		Decreasing Short		76	11.2500  GBP
0.25p ordinary		SWAP		Increasing Short		1,529	11.2034  GBP
0.25p ordinary		SWAP		Increasing Short		10	11.1900  GBP
0.25p ordinary		SWAP		Increasing Long		111	11.2200  GBP
0.25p ordinary		SWAP		Decreasing Short		4,832	11.2204  GBP
0.25p ordinary		SWAP		Increasing Short		10,800	11.1578  GBP
0.25p ordinary		SWAP		Decreasing Short		1,521	11.2200  GBP
0.25p ordinary		SWAP		Opening Short		3	11.1900  GBP
0.25p ordinary		SWAP		Decreasing Long		793	11.2035  GBP
0.25p ordinary		SWAP		Decreasing Long		295	11.2035  GBP
0.25p ordinary		CFD		Increasing Short		540	11.2208  GBP
0.25p ordinary		CFD		Increasing Short		253	11.2306  GBP
0.25p ordinary		SWAP		Increasing Short		1,774	11.2447  GBP
0.25p ordinary		SWAP		Decreasing Short		9,200	11.2109  GBP
0.25p ordinary		SWAP		Increasing Short		562	11.2043  GBP
0.25p ordinary		SWAP		Decreasing Long		350	11.1849  GBP
0.25p ordinary		SWAP		Increasing Long		1,665	11.2200  GBP
0.25p ordinary		SWAP		Increasing Short		1,187	11.2197  GBP
0.25p ordinary		SWAP		Increasing Short		572	11.2136  GBP
0.25p ordinary		SWAP		Increasing Short		299	11.2300  GBP
0.25p ordinary		SWAP		Decreasing Long		5,908	11.2114  GBP
0.25p ordinary		SWAP		Increasing Short		4,092	11.2012  GBP
0.25p ordinary		SWAP		Decreasing Short		10,800	11.1578  GBP
0.25p ordinary		SWAP		Decreasing Short		14,532	11.2104  GBP
0.25p ordinary		SWAP		Decreasing Long		1,808	11.2310  GBP
0.25p ordinary		SWAP		Decreasing Short		161	11.2160  GBP
0.25p ordinary		SWAP		Decreasing Short		208	11.2000  GBP
0.25p ordinary		SWAP		Decreasing Long		1,043	11.2237  GBP
0.25p ordinary		SWAP		Increasing Short		2,967	11.2205  GBP
0.25p ordinary		SWAP		Decreasing Short		1,930	11.2003  GBP
0.25p ordinary		SWAP		Decreasing Long		77	11.2363  GBP
0.25p ordinary		SWAP		Decreasing Short		572	11.2136  GBP
0.25p ordinary		SWAP		Decreasing Short		483	11.2200  GBP
0.25p ordinary		SWAP		Decreasing Long		13,754	11.2200  GBP
0.25p ordinary		SWAP		Closing Short		52,179	11.2200  GBP
0.25p ordinary		SWAP		Decreasing Short		642	11.2000  GBP
0.25p ordinary		SWAP		Closing Long		543	11.2357  GBP
0.25p ordinary		SWAP		Increasing Short		225	11.1999  GBP
0.25p ordinary		SWAP		Decreasing Short		920	11.2000  GBP
0.25p ordinary		SWAP		Decreasing Long		2,575	11.2200  GBP
0.25p ordinary		SWAP		Decreasing Short		838	11.1958  GBP
0.25p ordinary		SWAP		Increasing Short		1,216	11.2058  GBP
0.25p ordinary		SWAP		Decreasing Short		4,123	11.1993  GBP
0.25p ordinary		SWAP		Decreasing Long		1,020	11.2200  GBP
0.25p ordinary		SWAP		Decreasing Short		662	11.1900  GBP
0.25p ordinary		SWAP		Increasing Short		15,902	11.2000  GBP
0.25p ordinary		SWAP		Closing Long		2,553	11.2200  GBP
0.25p ordinary		SWAP		Decreasing Short		7,171	11.2511  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:				28 Sep 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END